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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
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
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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
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
Truck orders have varied less than 400 units per month this year
Backlog-to-build ratios are essentially double normalized levels.
April 5, 2022
Economic trends
OEM order control keeps trailer orders mostly flat
Despite widespread volatility, there is still much to like about the current U.S. economic setup, as jobs continue to outstrip the supply of labor.
March 26, 2022
Economic trends
Expert: 'No end in sight' for diesel price inflation
Diesel prices are currently about $2 more per gallon than this time last year and have picked up $1.03 since the end of last month.
March 22, 2022
Economic trends
Trailer orders exceed build rates by about 3,000 per month
OEMs have been carefully managing trailer order intake but inbound orders still outpace the number of finished trailers.
March 14, 2022
Economic trends
Fleets scramble for trailers as production 'flatlines'
The industry backlog stretched through August, on average, at the start of the year and January reports point to a closing backlog that could extend into September.
February 15, 2022
Economic trends
Labor now the 'number one' inhibitor of sagging trailer production
At least one OEM is offering $1,000 sign-on bonuses for all factory workers.
January 12, 2022
Economic trends
Despite ongoing production woes, truck orders hit 365,000 units last year
Carriers have freight to haul and funds available for new trucks, but OEMs can’t build enough.
January 11, 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
Trailer orders bounce back as confidence in managing backlog grows
Excluding September, the industry has had an average 1.0% cancel rate on trailer orders since May.
December 22, 2021
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Top Stories
Business
Kenan Advantage Group acquires Louisiana petrochem company
KAG Logistics picking up American PetroLog is the seventh acquisition this month among CCJ's Top 250 for-hire fleets.
Business
USA Truck acquired by DB Schenker
Regulations
Biden calls for suspension of fuel taxes, but 'hard to see real relief for diesel'
Economic trends
Report: Trucking costs soaring
Regulations
'There is not a shortage of DEF,' say nation's truck stops
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