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CCJ Top 250
Indicators: Page 6
Trailer orders exceed build rates by about 3,000 per month
OEMs have been carefully managing trailer order intake but inbound orders still outpace the number of finished trailers.
March 14, 2022
Fleets scramble for trailers as production 'flatlines'
The industry backlog stretched through August, on average, at the start of the year and January reports point to a closing backlog that could extend into September.
February 15, 2022
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April 1, 2024
Labor now the 'number one' inhibitor of sagging trailer production
At least one OEM is offering $1,000 sign-on bonuses for all factory workers.
January 12, 2022
Economic trends
Despite ongoing production woes, truck orders hit 365,000 units last year
Carriers have freight to haul and funds available for new trucks, but OEMs can’t build enough.
January 11, 2022
Business
What do trucking conditions look like in 2022? Expert: 'Continued strength in demand'
Jim Nicholson, vice president of operations at Loadsmart (and a former Schneider executive) says the first half of 2022 will be strong, "but there's question marks" beyond that.
January 6, 2022
Economic trends
Trailer orders bounce back as confidence in managing backlog grows
Excluding September, the industry has had an average 1.0% cancel rate on trailer orders since May.
December 22, 2021
Economic trends
Freight tonnage set to grow nearly 30% over the next decade
ATA expects truck tonnage to grow overall, but trucking's share of freight tonnage to dip.
December 20, 2021
Economic trends
Get ready for a historic boom in the freight industry: Top economist
Semiconductor shortage? Runaway inflation? Driver shortage? Supply chain nightmares? All these issues are simply growing pains of an economy readying for a historic boom, Donald Broughton told CCJ.
December 13, 2021
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
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
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