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UPS Freight announced a general rate increase averaging 6.9 percent in non-contractual shipments between the United States, Canada, and Mexico.

The nation’s fourth largest LTL carrier announced the rate increase Monday. It will take effect on August 1 and applies to minimum charge, LTL rates, and accessorial charges. The impact of the rate jump will vary based on specific shipment or lane characteristics, such as weight or class.

UPS Freight’s services include UPS World Ship and Quantum View Manage technology, designed to allow both small package and LTL freight customers to create bills of lading , schedule freight pickups, receive rate quotes, and easily track shipments. UPS Freight offers a full range of regional, interregional, and long-haul LTL and TL capabilities throughout North America, Hawaii, the U.S. Virgin Islands, Canada, and Mexico.

Freight factoring can be done a number of ways. For more information, please contact TBS Factoring LLC by calling 800-207-7661.

The amount of truck tonnage hauled by North American fleets decreased 2.3 percent in May.

Accoridng to the American Trucking Associations’ advance seasonally adjusted For-Hire Truck Tonnage Index, truck tonnage fell by 2.3 percent in May after decreasing a revised 0.6 percent in April 2011. The latest drop puts the seasonally adjusted index at 112.3 in May, down from the April level of 114.9.

The non-seasonally adjusted index equaled 115.9 in May, which was two percent higher than the previous month. The non-seasonally adjusted index represents the change in tonnage actually hauled by the fleets without taking the season into account.

Compared with May 2010, seasonally adjusted tonnage climbed 2.7 percent, however this was the smallest year-over-year gain since February 2010.

ATA Chief Economist Bob Costello said the trend in truck tonnage over the last four months “shows that the economy definitely hit a soft patch this spring.”

To learn more about truck factoring, please contact TBS Factoring LLC by calling 800-207-7661.

Net orders for Class 8 vehicles in North America continued to grow in May.

According to Americas Commercial Transportation Research Co., Class 8 orders in May were 77 percent above the same month last year. Though orders were fell to 23,300 from April, net orders in may were enough to fuel continued growth in industry backlog.

“Despite falling nearly 40 percent from April, May was nevertheless the eight consecutive month of strong Class 8 order activity,” said president and senior analyst at ACT Kenny Vieth. “It is worth noting April’s level of order intake was unsustainable, so the pullback in May’s order volume was anticipated.”

“Even though orders were less robust and industry build rates continued to grow, the Class 8 backlog grew for a ninth month straight in May,” Vieth said.

For more information on trucking factoring, please contact TBS Factoring LLC by calling 800-207-7661.

National Roadcheck 2011 begins Tuesday, June 7.

According to officials with the Commercial Vehicle Safety Alliance, truck and bus safety inspectors will be on the job day and night through June 10. Authorities will be checking vehicles and drivers at inspection sites along major highways across the country.

In addition to checks at inspection points, roving patrols and inspection vehicles will inspect drivers and vehicles traveling other roadways.

“Commercial motor vehicle inspectors work diligently every day to ensure that the commercial vehicles using our highways do so as safely as possible,” said Stephena A. Keppler, executive director of the Commercial Vehicle Safety Alliance. “While a significant majority of vehicle operators are highly responsible, conscientious, and safe, a few in the minority are less so. “

Since Roadcheck began in 1988, inspections have numbered over one million.

To learn more about truck factoring, please contact TBS Factoring LLC by calling 800-207-7661.

Surface transport trade between Canada and Mexico reached more than $80.8 billion in March.

According to the Bureau of Transportation Statistics of the U.S. Department of Transportation, trade using surface transportation between the United States and its North American Free Trade Agreement partners was 15.6 percent higher this March than in March 2010. This March was the highest month since collection data began in 1994 beating the previous record set in April 2008 by 9 percent.

The value of U.S. surface transportation trade with Canada and Mexico increased by 58.3 percent since March 2009, according to the agency. Trade value was up 14.2 percent from the early recession level of March 2008.

Freight value also rose in March, up by 21.5 percent from February.

Surface transportation includes freight movements by truck, rail, pipeline, and mail.

Truck factoring can be a number of ways. For more information, please call TBS Factoring LLC at 1-800-207-7661.

Mack Trucks Inc. said Friday it will boost production at it Macungie, Pa. truck plant.

According to a company press release, Mack Trucks will hire approximately 300 people to support the production increase. Mack officials said all the additional personnel will be new hires, due to recent recalls of employees laid off during the truck industry’s downturn. The production boost is largely attributed to increased demand for the Mack Pinnacle model highway trucks.

“Customers are extremely pleased with the Pinnacle model and our MP series engines, in terms of both performance and fuel economy,” Mack Senior Vice President Kevin Flaherty said. “With recently announced enhancements to our vehicle aerodynamics and engine offerings, we expect the enthusiasm to continue.”

The company plans to have the new hires in place by August. The production increase will include the addition of a second shift.

Truck factoring can be done a number of ways. For more information, please contact TBS Factoring LLC at 1-800-207-7661.

The American Trucking Association predicts the freight economy will grow significantly in the coming years.

Accoridng to the ATA’s U.S. Freight Transportation Forecast, freight economy, particularly trucking, is predicted to grow by 24 percent by 2022. The forecast is a product of a collaboration between ATA, Martin Labbe Associates and HIS Global Insight.

“The trucking industry continues to dominate the freight transportation industry in terms of both tonnage and revenue, comprising 67 percent of tonnage and 81 percent of revenue in 2010,” ATA Chief Economist Bob Costello said. “At this time when our nation’s leaders are debating what our future transportation system should look like, the Forecast is a tremendous resource.”

For more information on freight factoring, contact TBS Factoring Service at 1-800-207-7661.

Heavy-duty truck sales increased by 41 percent in April, a new report says.

According to a new report issued by Ward’s Automotive, Class 8 heavy-duty truck sales totaled 12, 731 trucks in the United States in April, up from 8, 627 trucks the previous April, a 41.1 percent increase. April marks the 16^th consecutive year-over-year improvement for Class 8 sales in the United States.

April sales were down form a very strong figure of 13,010 in March, which was the highest monthly total since April 2007. Year-to-date Class 8 truck sales have reached 44,131 in the United States, an increase of 35.9 percent from 2010 and a 55 percent gain from 2009. Sales this year, however, are still only about half of those posted through April during the industry peak in 2006.

For more information on Truck factoring, please contact TBS Factoring LLC by calling 800-207-7661.

Trade using surface transportation between the United States and its North American Free Trade Agreement partners was up 11.8 percent in February.


According to the Bureau of Transportation Statistics of the U.S. Department of Transportation, trade between the U.S. and its NAFTA partners, Canada and Mexico, was 11. 8 percent higher in February than in February 2010, reaching $66.5 million. The value of U.S. surface transportation trade with Canada and Mexico in February increased 38.8 percent in two years from February 2009.


Surface transportation trade in February 2009 had the lowest amount of trade of any month since February 2004, with $47.9 billion, according to the Research and Innovation Technology Administration.


Trade value in February was down 4.1 percent from the early recession level of February 2008. Freight value in February fell 1.8 percent from January. In February 86.4 percent of U.S. trade with Canada and Mexico moved on land, 9.3 percent moved by vessel, and 4.3 percent moved by air.


For more information on freight factoring, please contact TBS factoring LLC by calling 800-207-7661.

Trade using surface transportation between the United States and its North American Free Trade Agreement partners was up 11.8 percent in February.


According to the Bureau of Transportation Statistics of the U.S. Department of Transportation, trade between the U.S. and its NAFTA partners, Canada and Mexico, was 11. 8 percent higher in February than in February 2010, reaching $66.5 million. The value of U.S. surface transportation trade with Canada and Mexico in February increased 38.8 percent in two years from February 2009.


Surface transportation trade in February 2009 had the lowest amount of trade of any month since February 2004, with $47.9 billion, according to the Research and Innovation Technology Administration.


Trade value in February was down 4.1 percent from the early recession level of February 2008. Freight value in February fell 1.8 percent from January. In February 86.4 percent of U.S. trade with Canada and Mexico moved on land, 9.3 percent moved by vessel, and 4.3 percent moved by air.


For more information on freight factoring, please contact TBS factoring LLC by calling 800-207-7661.