Freight demand: Page 2

Despite widespread economic headwinds, truck orders persevere
Order intake suggests demand still strong, but production challenges barely chipping away at backlog.
September 7, 2022
Mack truck assembly line
Investing in a SaaS-based TMS could reduce costs long term
TMS providers urge carriers to invest in SaaS-based model, which they say can help save money amid the squeeze of mounting financial pressures created by inflation and a softening freight market.
September 6, 2022
Trucks and cars on the Interstate
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
driver hooking up gladhands
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
Worker assembling a truck
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
driver loading trailer
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
trailer with doors open
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
terminal truck hauling a container
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
semi trailer with doors open
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
driver hooking up gladhands
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
trucks being loaded at a warehouse
Spot load volumes suffer atypical seasonal dip
Pre-pandemic, an early-April drop in spot load volume was practically unheard of, but it now seems part of the new normal.
April 13, 2022
Trucks sitting at the dock
New Jersey again takes the top spot for trucking bottlenecks
As traffic rebounded from years prior, average rush hour truck speeds fell 11% in 2021.
February 9, 2022
Traffic in New Jersey
Spot van rate hits $3 milestone in December
National average truckload spot van and reefer rates increased for the seventh consecutive month in December.
January 20, 2022
Reefer Trailers
What do trucking conditions look like in 2022? Expert: 'Continued strength in demand'
Jim Nicholson, vice president of operations at Loadsmart (and a former Schneider executive) says the first half of 2022 will be strong, "but there's question marks" beyond that.
January 6, 2022
Truck Backing Dock
Freight tonnage set to grow nearly 30% over the next decade
ATA expects truck tonnage to grow overall, but trucking's share of freight tonnage to dip.
December 20, 2021
truck and van on the highway
Get ready for a historic boom in the freight industry: Top economist
Semiconductor shortage? Runaway inflation? Driver shortage? Supply chain nightmares? All these issues are simply growing pains of an economy readying for a historic boom, Donald Broughton told CCJ.
December 13, 2021
2021 Ccj Ss 189
November truck orders hit 26-year low
October data showed the Class 8 backlog was nearly 281,000 units and at October’s build rate the backlog-to-build ratio was 14.6 months.
December 7, 2021
Truck Assembly Line
Trucks moved less tonnage in pandemic-hampered 2020, women trucker count hit all-time high
Trucking moved 10.23B tons of freight in 2020, according to the latest edition of American Trucking Associations’ American Trucking Trends 2021. Also: Shipper Conditions stand pat; Paccar Financial launches used truck site; Michelin raising tire prices.
December 3, 2021
Trucks moved 10.23 billion tons of freight in 2020, according to the latest edition of American Trucking Associations’ American Trucking Trends 2021, a tonnage that's down from 11.84 billion tons the previous year.
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