CCJ Top 250
Trucking conditions improved in January, but downswing expected
FTR's Trucking Conditions Index improved from December to January, but the firm expects negative conditions into the third quarter of 2024. Also: Truck tonnage was up in February; R+L Carriers founder passes away; more.
March 22, 2023
Truck orders climb for the first time in five months
Order activity over the last six months has been strong and annualizes to 413,000 units.
March 7, 2023
Carriers' conditions improved in December with falling diesel prices
FTR reported other indicators – including freight volume, capacity utilization, and rates – were negative. Also: ATRI wants carrier feedback on marijuana legalization's impact on recruiting; New SVP at Atlas Van Lines; more.
February 16, 2023
Recession likely still inbound in months ahead but freight outlook less pessimistic
Freight brokers near evenly spit on spot rate outlook but far less optimistic on contract rates.
February 13, 2023
Truck orders skid for fourth month in a row
With backlogs already solidifying production slots, it's no surprise that orders have fallen off the torrential pace set late last year.
February 9, 2023
Trailer demand surges to record highs
Lower trailer build rates and a jump in end-of-year factory shipments caused inventory levels to drop by 18% month-over-month.
January 27, 2023
Truck tonnage ticked up to close out 2022
ATA reported truck tonnage was up slightly in December, while tonnage for the year increased 3.4% over 2021. Also: Shippers' conditions on the rise; California fleet orders 15 Nikola hydrogen fuel cell trucks; Xcell Logistics opens new Texas warehouse.
January 26, 2023
Supply chain correction helps put the 'worst of the inflation crisis behind us'
The price of lumber is down by roughly two-thirds over the last year, not far from its five-year average. Brent crude too, has fallen by roughly one-third since last summer along with shipping costs. Why? The supply chain adapts and overcomes.
January 18, 2023
Trucking conditions, while improved, remained negative in November
FTR's Trucking Conditions Index showed slight improvement in November. Also: Schneider gets eCascadia in SoCal intermodal operations; FMCSA denies driver's HOS exemption request; Mack unveils refreshed Granite model; Estes opens new Texas terminal.
January 19, 2023
Report forecasts 'surprising' strength in LTL freight for early 2023
Carriers are competing for more limited demand while searching for ways to claw back revenue.
January 18, 2023
Rates end 2022 on a high note, signaling 'bottoming process' underway
While market conditions remain broadly loose, there are increasingly signs of slowing supply – a key to the bottoming process, according to experts.
January 17, 2023
FTR: Number of carriers will continue to fall as economy cools
“What is likely to happen is that we’re going to have some capacity loss,” Vise says. “As we lose drivers from these carriers that are failing, that is likely to be a driver population that we will lose.”
January 12, 2023
Truck orders end 2022 on sour note, but 'a solid end to a robust final four months of the year'
Large truck orders ended the year down 21% from November but up 25% from last December. Orders for the past 12 months total 302,000 units.
January 10, 2023
Trucking conditions fall to lowest point since April 2020
Sharp increases in fuel and financing costs in October drove FTR's Trucking Conditions Index to its lowest point since the beginning of COVID. Also: Wyoming propane haulers get HOS relief; Volvo, Daimler issue recalls
December 20, 2022
Truck orders tumble off record highs but 'resilient'
OEMs having opened their orderboards for 2023 more broadly, and ongoing pent-up demand — with tailwinds from strong carrier profitability and elevated fleet age — is keeping truck orders stoked.
December 6, 2022
Trucking equipment demand high despite booming interest rates
Carrier profits are the critical element in vehicle demand, and while profits next year are anticipated to be lower truckload net margins are projected to be the fourth best on record.
December 6, 2022
Tesla's Musk says Semi passes 500-mile, 81K test
With just days until initial deliveries begin, Tesla CEO Elon Musk says the electric Semi can do 500 miles at 81,000 pounds. Also: Averitt Express expands; ACT Research believes the rate bottoming process is underway; ATRI seeks input on predatory towing.
November 29, 2022
Trucking conditions tumbled in September
Rising fuel prices, weak rates and rising inflation led to a drop in trucking conditions in September, according to FTR. Also: Autonomous trucking firm Waabi unveils self-driving tech; Atlas Van Lines names new president and COO.
November 18, 2022
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Driver coaching and scorecarding
Eco-driving coaching can improve driver safety performance
A recent study on behalf of Isaac Instruments found that a 1% increase in the use of eco-driving technique cruise control is associated with a 3% reduction in the odds of a hard-braking event, which can reduce the odds of having a collision.
Mergers & Acquisitions
Knight-Swift, U.S. Xpress deal likely passes Go, 'near zero chance' it is a monopoly
Mergers & Acquisitions
Knight-Swift acquiring U.S. Xpress for more than $800 million
Texas-based project would give freight trucks priority at red lights
The 2023 State Of Heavy Duty Repair Report is here.
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