State of Freight TODAY

Weekly Transportation Update: Existing Home Sales Trend Upward After Long Fall

Written by The FTR Experts | 3/27/23 4:23 PM

Sales of existing homes surge in February after a year of decline. 

  • Durable manufactured goods orders hold steady excluding transportation equipment.
  • Knight-Swift to buy U.S. Xpress, establishing a truckload fleet of about 25,000 tractors.
  • The spot market for truck freight sees a largely status quo week.
  • Intermodal volumes remain weak as saber-rattling begins at west coast ports.