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Indicators: Page 12
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
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February 19, 2025
Economic trends
Trailer orders slide as ongoing material, labor shortage hamper build rates
Trailer OEMs are rolling unbuilt 2021 orders into 2022 and filling any gaps with new orders.
November 28, 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
Trailer OEMs can't fill 2021 orders, pushing them to 2022
Trailer orders now total 316,000 units over the past twelve months.
October 27, 2021
Economic trends
Solving supply chain a 'global game of Whack-A-Mole'
Commercial vehicle demand remains healthy but supply still constrained.
October 19, 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
Truck orders drop, but 'order number is not a true indicator of 2022 truck demand'
Facing supply chain challenges, at least one OEM expects deliveries this quarter to fall despite fevered demand.
October 5, 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
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
Trailer orders bouncing back as some 2022 slots open
Fleets are eager to lock up prime 2022 build slots but OEMs continue to be careful in managing order scheduling.
September 15, 2021
Economic trends
Trailer production recovery expected next year, 2023 for trucks
Orders from 2021 will roll into 2022, but the industry won’t catch up with demand until well into 2023 (trucks) and 2022 (trailers).
September 9, 2021
Equipment controls
Truck orders jump ahead of expected 'huge' demand next year
The increase in orders came as OEMs began taking more orders for 2022 but manufacturers remain cautious about fully booking as price negotiations continue with numerous fleets.
September 6, 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
Diesel fuel faces pricing pressure in Ida's wake
The storm has already taken about 13% of U.S. refining capacity offline, according to AAA. Also: Penske rolling out new EV pilot; Kenworth project will add wireless fast charging to Class 8 battery electric vehicles.
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
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