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Indicators: Page 2
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
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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
Economic trends
Truck orders slide as OEMs run out of build slots
The drop-off in May does not represent a weakening of demand, as freight growth continues to be robust and spot rates hit all-time highs.
June 3, 2021
Indicators
Analyst says "This is perhaps the strongest freight market ever for carriers."
Freight volume, rates and capacity utilization all drove a record-setting month, despite poor fuel conditions.
May 13, 2021
Economic trends
'Pressure' building in the trailer market
There have been reports of shortages of flatbed trailers in some regions as industrial and housing sectors improve.
April 15, 2021
Economic trends
Trucking's not been this good since October 2020
FTR's near-term outlook for trucking is strong with the TCI expected to deliver double-digit positive readings through the quarter and to remain in positive territory through 2022.
April 13, 2021
Economic trends
Truck orders unaffected by assembly slowdowns
Many OEMs are already struggling to keep up with demand as a global shortage of semiconductors and supply limitations of various other components have crimped production plans for Volvo, Mack, Kenworth and Peterbilt.
April 6, 2021
Economic trends
Driver turnover rate holding steady, truck parking push renewed in D.C.
The turnover rate at less-than-truckload carriers dipped two percentage points in the fourth quarter to 12% on an annualized basis.
March 30, 2021
Economic trends
Fleets filing 2021 orders in pursuit of 'robust' freight market
Fleets have placed large truck and trailer orders in response to a robust freight demand and OEMs are under pressure to fill these orders due to bottlenecks in the supply chain.
March 13, 2021
Economic trends
Fleets standing in line for new trucks as freight rates climb
February 2021 was the second-highest total ever for the month of February and orders for the previous 12 months now total 338,000 units.
March 3, 2021
Economic trends
Truck orders exceed 40K units for fourth consecutive month
Freight growth has pushed fleets to add capacity as fast as possible and OEMs and suppliers are wrestling to keep pace with surging demand.
February 2, 2021
Business
Avoid the spot market? Analysts weigh in on 2021 freight outlook
Analysts have offered a rosy outlook as the freight recovery that burgeoned in the back half of 2020 is expected to continue through at least the first half of 2021. One prominent analyst, however, foresees a cyclical slowdown.
January 20, 2021
Economic trends
Three areas to watch in 2021
The virus, the economy and regulations: Here's what to look for in 2021.
January 19, 2021
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Top Stories
Regulations
TCA asks members to contact reps over Biden vax mandate
The logistics of vaccinating professional truck drivers in an irregular operating environment is a concern.
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