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CCJ Top 250
Indicators: Page 2
Fuel prices, weak freight volume hurt carriers significantly in August
FTR's Trucking Conditions Index fell further into negative territory in August. Also: Trucker Path app adds safety features for women truckers; Saia awards 20 scholarships to employees, dependents; Allison Transmission names new authorized distributor.
October 20, 2023
Trucking conditions improved but remained negative in July
FTR noted a large number of small carriers leaving the industry in recent months, with those drivers mostly being absorbed by large carriers. Also: Port operators get to test zero-emission trucks; Coke Canada debuts first VNR Electric in fleet.
September 22, 2023
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April 5, 2024
Economic trends
Low diesel fuel inventories, volatile pricing likely to boost carrier exits
The current mismatch of crude for refiners suggests lower prices for gasoline lie ahead, but higher prices for diesel – likely the tipping point in accelerating a trucking capacity rebalancing.
September 20, 2023
Economic trends
New truck orders remain below replacement levels, used inventories climbing
Total Class 8 orders for the previous 12 months have equaled 294,000 units.
September 11, 2023
Economic trends
Trucking conditions, tonnage hauled both declining through summer
FTR's Trucking Conditions Index was down in June from May, while ATA's Truck Tonnage Index fell in July from June. Also: FMCSA exploring new study on safety impacts of detention time; UPS Teamsters ratify new national contract.
August 24, 2023
Economic trends
Trailer build rates remain strong in the face of economic headwinds
Production begins to outpace order volume as seasonal slump settles in.
August 22, 2023
Companies
How a Yellow bankruptcy would influence freight, used truck markets
If Yellow's 15-year flirtation with bankruptcy ends, it would spell higher rates for LTL carriers and pockets of the spot market, and put sought-after late model used equipment in the market.
August 3, 2023
Companies
UPS set to return to negotiating table with Teamsters next week
The company said it's looking "to resolve the few remaining open issues" with Teamsters members. Also: Truck tonnage, revenue, employment all increased in 2022; June tonnage increased over May, but still down from last June; more.
July 20, 2023
Economic trends
Loose capacity could absorb effects of 'highly disruptive' UPS strike
Unless a looming strike of more than 340,000 UPS workers and drivers drags on for several weeks, truckload and LTL carriers are unlikely to see any effects.
July 5, 2023
Indicators
Shippers' conditions expected to continue positive trend
After gaining gaining nearly three points in April, FTR's Shippers Conditions Index is expected to remain positive for at least the next 12 months. Also: Trucker in I-95 bridge collapse lost control, NTSB said; Volvo, Freightliner recalls.
July 4, 2023
MarketPulse
Freight rates continue to fall, but have they found the floor?
2022 import levels were a decade off historical trends and their return to pre-COVID levels has been "painful for carriers."
June 26, 2023
Freight demand
Freight cycle near bottom
That spot rates have largely held onto the gains from Roadcheck suggests the freight market is close to its balance.
June 14, 2023
Economic trends
Will debt ceiling drama be avoided?
The U.S. owes more than $31 trillion. Just like many households have mortgages, car notes and credit cards, the U.S. government also carries debts that allow it to pay for programs and services for Americans.
May 26, 2023
Indicators
Trucking conditions still loose, but rebalancing is underway
ACT Research reported freight volumes, rates and capacity continued to decline in April, but the supply-demand rebalancing has begun. Also: Florida HHG mover pleads guilty to scheme charges; autonomous firm Kodiak adds new VP of Safety.
May 26, 2023
Indicators
April marked lowest month for truck tonnage since September 2021
ATA's Truck Tonnage Index hit its lowest level in nearly two years in April. Also: FedEx launches new sustainability tracking tool; Digital freight network Convoy joins Volvo autonomous program.
May 25, 2023
Indicators
Conditions for carriers continued to fall in March
FTR reports lower fuel costs and slightly stronger utilization partially offset a more negative rate environment as spot rates continued to deteriorate. Also: NTTC names annual top driver; ATA seeks industry image award nominations; more.
May 23, 2023
Indicators
Truck orders fall for sixth time in seven months
There still are indications that fleets are requesting equipment, and there has been no notable uptick in cancellations.
May 7, 2023
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