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CCJ Top 250
Freight demand: Page 7
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
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Michelin North America
September 1, 2026
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
Economic trends
Effect of vax mandate on trucking likely to mirror that of a severe weather event
This year has been a challenge for shippers, with the number of loads to available drivers hovering at about a 6:1 ratio, and skyrocketing the closer you get to a port.
September 29, 2021
Business
The underlying problems with the 'best freight market in history'
The year 2021 may go down in history as "the best freight economy in U.S. history," but as high as volumes and rates can climb there will still be winners and losers due to unprecedented supply-side problems.
September 23, 2021
Economic trends
Spot load volume returns to pre-holiday levels
Spot volume rebounded sharply in all segments, confirming that the recent reduction in load availability resulted from the Labor Day holiday.
September 21, 2021
Economic trends
DAT Truckload Volume Index gained 2% in August, national contract rate jumps
Shippers and logistics managers who would normally be gearing up for peak shipping season have encountered one test after another in terms of their ability to manage transportation pricing, capacity and supply chain disruptions.
September 16, 2021
Economic trends
Refrigerated spot volume sets a record, market 'right for record rate increases'
Refrigerated load postings were roughly three times the five-year average volume for the week and about 73% above the same week last year.
August 31, 2021
Economic trends
Tighter capacity utilization, volume and fuel costs driving tough environment for shippers
FTR's Shippers Conditions Index fell in June, signifying a tough market for shippers and a strong market for carriers. Also: ZF, Locomation ink tie-up; FMCSA wants to know how many carriers are operating under the COVID emergency declaration.
August 27, 2021
Economic trends
Spot, contract rates hit new highs in July
Contract truckload rates again set records for all three equipment types, reflecting urgency among shippers to secure capacity and reduce volatility in their supply chains.
August 24, 2021
Outlook and Benchmarking
Surge in COVID prompts Walmart to close stores for deep-cleaning
With COVID cases rising, Walmart is shutting down some stores for deep-cleaning. This is not necessarily an indicator of pending "major economic damage" according to ACT Research.
July 26, 2021
Business
Spot volume holds steady, rates mostly up
A group of more than 60 trucking groups penned a letter to the House asking for an amendment to remove a liability insurance hike for motor carriers from the highway bill. Also: Spot rates steady and Transition Trucking award nominations sought.
June 29, 2021
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