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CCJ Top 250
Indicators: Page 13
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
Economic trends
Truck, trailer build rates falling despite pent-up demand
Some heavy-duty OEMs are taking semiconductors away from medium-duty products to keep Class 8 truck production afloat.
August 22, 2021
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Business
Freight volume to stay high as fleets face unprecedented supply chain, labor challenges
FTR CEO Eric Starks shares his forecast for the future of the trucking industry and the main challenges it faces. Parts, supply chains, and labor all pose serious threats.
August 17, 2021
Economic trends
Spot volume eases in the latest week as rates change little
Load posting volume on Truckstop.com dropped 8% last week and Outbound Tender Rejections continues to drop.
August 12, 2021
Economic trends
Trailer orders slump but fleets 'desperate' for new dry vans
The supply chain is still experiencing disruptions and bottlenecks. Some improvement in production is expected this year but there are indications some supplies will be restricted into next year.
August 11, 2021
Economic trends
New truck supply falls 25% short of market demand
Ordering for 2022 has commenced at most OEMs but delays remain due to cost uncertainty and the possibility of enduring supply chain bottlenecks.
August 9, 2021
Economic trends
Spot market bolstering contract renewal rates
The ongoing chassis trailer shortage has been exacerbated by higher-than-normal container dwell times for local container delivery and intermodal rail cars to move containers east.
August 6, 2021
Economic trends
Slightly weaker flatbed metrics offset small gains in dry van and refrigerated
Spot rates were essentially flat week-over-week as a small decline in flatbed rates offset relatively small gains in dry van and refrigerated.
August 3, 2021
Economic trends
Masks are back and more freight could be coming
Citing concern with COVID breakthrough cases, the CDC recommended indoor mask-wearing Tuesday regardless of vaccination status. Trucking experts say volumes should remain 'strong' amid surging cases and may even grow stronger.
July 28, 2021
Indicators
ACT's For-Hire Trucking Index dipped in June despite strong freight volumes, rates
The latest release of ACT’s For-Hire Trucking Index, with June data, showed a slowing in volumes, pricing moderating at a high level, and a still-strong supply-demand balance. Also: FMCSA tightening CDL reporting requirements for states; more.
July 26, 2021
Economic trends
Truck Tonnage Index falls for second consecutive month, spot rates sliding
For-Hire Truck Tonnage Index decreased 1.5% in June after falling 1% in May.
July 20, 2021
Economic trends
June trailer orders subdued ahead of what could be 'record' 2022
Most OEMs are not taking additional orders for 2021 delivery.
July 15, 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
Indicators
Truck tonnage dipped for second consecutive month while still strong year-over-year
ATA's Truck Tonnage Index fell by 0.7% in May after falling 0.6% in April. Compared with May 2020, the seasonally adjusted index rose 3.7%. Also: Minneapolis looks to ban overnight truck parking; Trucking volumes down while rates remain high, ACT says.
June 23, 2021
Economic trends
Trailer market 'in a strange place right now' as supply chain woes outpace demand
Backlogs for dry vans and reefers are already into next year, and fleets "may be unwilling to extend their commitments."
June 20, 2021
Business
More guilty pleas announced in New Orleans staged-accident fraud scheme
Two more guilty pleas in staged-accident fraud scheme that netted $707,500. Also: ACT Research report on soaring freight rate expansion; FMCSA boss visits transportation leaders in NY/NJ; more.
June 18, 2021
Freight demand
Capital expenditures driving freight demand, analyst says
Higher than normal capital expenditures from manufacturers as the economy continues to recover from the pandemic will continue to drive freight demand for the next few quarters, but expect a shift in the coming months, according to ACT Research.
June 14, 2021
Indicators
FTR: Trucking conditions continued record-setting pace in April
Following a record-setting month in March, FTR’s Trucking Conditions Index (TCI) for April hit another record-high of 16.82, surpassing March’s record of 16.27. Also: NTTC announces new leadership; comments sought for pulsating lights request.
June 14, 2021
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