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CCJ Top 250
Indicators: Page 10
Economic trends
U.S. economy going into a recession 'early next year'
Experts agree the likelihood of a recession early next year is high but they expect it to be short and mild, and underlying indicators suggest it might not be that bad for trucking.
October 27, 2022
Economic trends
FTR's Eric Starks offers positive outlook for trailer sector at NTDA Convention
Business might not feel as great today as it did 12 months ago, but that doesn’t mean a recession is underway. And even one does arrive in 2023, Starks said FTR data indicates the trailer market should still be healthy in the months and years to come.
October 13, 2022
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October 1, 2025
Economic trends
Trucking employment numbers take a dive, per BLS
The Bureau of Labor Statistics' monthly Jobs Report showed trucking lost more than 11,000 jobs last month. Also: Averitt recognized for sustainability efforts; FMCSA denies request for pulsating brake light exemption for all trucks.
October 10, 2022
Economic trends
September truck orders 'sensational,' record-breaking
The strength in orders reflects OEMs having fully opened their order boards for 2023 a bit earlier than normal.
October 5, 2022
Freight demand
Unlike prior storms Hurricane Ian delivers 'more regional impact' on loads and rates
Preexisting market conditions help turn Category 4 Hurricane Ian into more of a regional event as national freight averages remain 'virtually unchanged.'
October 4, 2022
Business
Conditions for carriers improved in July
FTR reports trucking conditions remained negative despite gains from June. Also: Freight volumes were flat in August while utilization was down; TLSS has acquired New Jersey-based Freight Connections.
September 23, 2022
Economic trends
Truck tonnage rebounds in August after dip in July
ATA's For-Hire Truck Tonnage Index rose 2.8% in August after decreasing 1.5% in July. Also: FMCSA to study how drivers engage with autonomous trucks; Volvo to begin customer testing of hydrogen fuel-cell trucks in Europe in 2025.
September 22, 2022
Economic trends
Replacement demand likely to drive truck orders despite economic headwinds
Despite economic volatility and sagging rates, fleets want more trucks.
September 21, 2022
Economic trends
Despite widespread economic headwinds, truck orders persevere
Order intake suggests demand still strong, but production challenges barely chipping away at backlog.
September 7, 2022
Economic trends
Freight volumes, rates dipped in June
ACT Research's For-Hire Trucking Index for June showed an increase in trucking capacity and a decrease in freight volumes and rates. Also: Yellow opens a new Driving Academy in Detroit; Amazon begins rolling out custom electric Rivian delivery vehicles.
July 25, 2022
Economic trends
Trailer orders skyrocket as backlog pushes into early 2023
OEMs are holding onto 'an enormous amount' of fleet commitments for 2023, but unstable commodity costs and other variables make quoting prices difficult.
July 24, 2022
Economic trends
Trucking authority revocations paint seemingly bleak but misleading picture
Expert says contract pricing is more than 50 cents per mile above the previous 2018 record high, "and poised to go higher."
July 21, 2022
Economic trends
Trucking conditions fell back negative in May
Then-record diesel prices offset a freight market that was slightly stronger in May than in April, FTR reports. Also: FMCSA hosting info session on under-21 pilot program; former Daimler CEO joins AI Fleet's Board of Directors; more.
July 21, 2022
Economic trends
ATA reports truck tonnage up 8% year-over-year
ATA's advanced seasonally adjusted For-Hire Truck Tonnage Index increased 2.7% in June after rising 0.3% in May. Also: TuSimple partners with Hegelmann in autonomous network development; U.S. Xpress sees benefits in DClimate APU partnership.
July 20, 2022
Economic trends
Inflation surges to new high, small fleet per-mile profits turning negative
Inflation reaches record levels, again, and the operating profit among small fleets has slid as much as 66 cents per mile.
July 13, 2022
Economic trends
Truck orders 'quite solid' despite ongoing assembly challenges
Class 8 orders have totaled 260,000 units over the last 12 months.
July 6, 2022
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
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