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Economic trends
Economic trends
Report: Trucking costs soaring
Truckload carriers shouldered a 10.2% jump in cost, according to the report, while LTL carriers were hit for an extra 13.2%.
June 21, 2022
Economic trends
Trailer orders flat under warnings of potential recession, driver surplus
The current inflation-driven economic slowdown is somewhat unique given healthy consumer and business balance sheets, strong employment demand and pent-up manufacturing sector activity.
June 14, 2022
Economic trends
Truck orders slide, but seasonally a 'surprise'
Truck orders are entering a seasonally weak time of year as OEMs typically have yet to open build schedules for next year.
June 7, 2022
Economic trends
Trailer orders extend slide but outlook 'bright'
Most OEMs experienced the pullback from March with the market showing caution due to lockdowns in China and war in Eastern Europe.
May 24, 2022
Load bidding and contracts
Parade helps brokers and carriers benefit from carrier reuse
Parade's software offers carriers new business leads and more consistent freight opportunities by building relationships with brokers.
May 19, 2022
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Economic trends
Trailer orders drop, but 'long-term outlook remains bright'
Final reporting will likely show that these lower order levels will still result in an average backlog-to-build ratio of just over eight months.
May 18, 2022
Economic trends
FTR's Trucking Conditions in negative territory for first time in two years
FTR's Trucking Conditions Index fell from 12.06 in February to -7.38 in March. Also: Diesel prices level off after month of increases; used truck sales fell while prices rose in April; Yokohama increasing tire prices in July.
May 18, 2022
Economic trends
Freight volumes down as chances of freight recession rise
The Cass Freight Index showed month/month and year/year declines in freight volume in April and called the chances for a freight recession "considerable." Also: Fleets announce driver pay increases; another carrier acquisition.
May 13, 2022
Economic trends
New truck crunch 'blessing in disguise' when it comes to rates, capacity
Had new truck and trailer builds been at 'normal levels,' analyst says trucking would currently be in a freight environment like 2019, 'without a doubt.'
May 12, 2022
Business
What's up with diesel prices?
Real businesspeople understand the economic benefits of becoming the low-cost producer of freight capacity.
May 10, 2022
Economic trends
Truck orders drop as OEMs 'hesitant' to accept reservations
OEM’s have yet to open their order boards for 2023 thanks in part to materials pricing volatility.
May 4, 2022
Economic trends
Trailer orders signal supply chain improvement
March order totals were the highest since December 2020 and should raise backlogs over the 200,000-unit mark for the first time since May 2021.
April 28, 2022
Economic trends
Despite softening spot rates and spiking fuel, signs point to strong freight market
Low truck and trailer cancelations and a rebound in consumer spending paint a rosy picture for freight movement long term.
April 27, 2022
Economic trends
Cross-border truck freight picked up in February
The U.S. DOT reported a 16.3% year-over-year increase in U.S.-Canada and U.S.-Mexico cross-border freight in February. Also: Two individuals sentenced in New Orleans staged-accident fraud scheme.
April 22, 2022
Economic trends
Truck tonnage continues upward trend
ATA's seasonally adjusted For-Hire Truck Tonnage Index increased by 2.4% in March. Also: Shippers conditions fell sharply in February; four more individuals plead guilty in New Orleans staged-accident fraud scheme targeting trucking companies.
April 21, 2022
Economic trends
Spot load postings down about 9% last week, rates slide by widest mark this year
A 9% decrease in total load postings to Truckstop.com was the largest drop of the year.
April 20, 2022
Economic trends
Contract rates set record while spot rates slide
Shippers last month paid historically high prices to ensure that more of their loads moved under a longer-term contract.
April 18, 2022
Economic trends
Trucking conditions up in February but projected to turn negative in March
A strong freight market helped spur FTR's Trucking Conditions Index to a slight increase in February despite rising fuel costs, but soaring costs in March are expected to send the index negative for the first time since 2020.
April 18, 2022
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Top Stories
Service and repair
Maintaining proper tire pressure presents 'huge opportunity in today's volatile fuel market'
Aside from keeping an eye on the numbers at the pumps, tire experts advise keeping a close eye on tire pressure to help maximize fuel economy at a time when fuel prices have reached historic highs.
Home
Supreme Court will not hear trucking's AB 5 case, law will take effect for industry
Used trucks
Growth of used truck values rival stock market from mid-2020 to mid-2022
Business
Kenan Advantage Group acquires Louisiana petrochem company
Business
USA Truck acquired by DB Schenker
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