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Freight demand: Page 4
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
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
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May 2, 2024
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
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
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
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
Regulations
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
Economic trends
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
Business
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
Economic trends
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
Economic trends
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
Economic trends
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
Business
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
Economic trends
Some truck OEMs canceling 2021 truck orders, rebooking for 2022 at a higher cost
With backlogs stretching into the second half of 2022 and still no clear visibility on the easing of the everything shortage, modest October truck order results suggest OEMs are taking cautious approach in managing customer expectations.
November 3, 2021
Economic trends
DAT: Contract rates catching up with spot rates
The national average contract van rate rose 3 cents last month compared to August and now equals the national average spot van rate.
October 18, 2021
Economic trends
Spot volume weakens but volatility looms
Fuel costs pressure on rates likely will continue as crude is now trading at its highest price in seven years.
October 12, 2021
Economic trends
Spot volume edges higher as dry van loads rise to second-highest level ever
The average spot van rate from Los Angeles to Chicago – a key intermodal lane – was up 5%, according to DAT, and the number of loads moved increased by 19% compared to the previous week as shippers looked to truckload carriers to move urgent freight.
October 6, 2021
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