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Indicators: Page 8
Indicators
Unexpected change plays role in used truck market activity
Excess of used trucks and the bankruptcy liquidation of Yellow Corporation’s of assets hints at market shifts.
March 21, 2024
Indicators
Trucking conditions better in January, yet challenges remain
Freight rates and financing costs were less negative than December, while fuel costs were up, FTR reported. Also: International LT trucks recalled for turn signal issue; Mack accepting 2025 calendar submissions.
March 19, 2024
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January 13, 2026
Economic trends
Class 8 truck orders saw gains in February, beating last year’s numbers
Despite the soft freight market, new truck orders gained in February, notably beating last year’s numbers, according to FTR and ACT Research.
March 12, 2024
Business
What order cancellations say about the freight cycle
As carriers' revenues takes a hit, companies are reevaluating where to place capital, but experts believe "the freight cycle is on the cusp of improving."
March 6, 2024
Indicators
Mexico-bound Class 8 production to rise in 2024, says ACT
ACT Research forecast shows Class 8 production and sales rise in February, reflecting industry’s ability to aggressively sell into Mexico and export markets.
February 14, 2024
Indicators
January truck orders starts off strong with fleets willing to buy
Class 8 truck orders boost in January as data indicates that over-the-road U.S. truckers are still buying.
February 6, 2024
Indicators
ATA: Truck tonnage in 2023 saw 'worst' year since 2020
ATA's Truck Tonnage Index fell 1.7% in 2023 from the previous year, the first year with an annual decline since 2020. Also: Ruan names new executive VP; Empire Freight Logistics acquired; former U.S. Xpress exec named Sheer Logistics CEO.
January 25, 2024
Economic trends
Heavy truck production rates likely to drop near-term
The convergence of continued strong build rates, a fading U.S. tractor sales trend, and early in the year sales seasonality risk a Class 8 inventory surge early this year.
January 15, 2024
Economic trends
A stagnant freight environment is expected to continue throughout 2024
FTR Transportation Intelligence's outlook for the freight market in 2024 is stable with “very incremental improvement."
January 3, 2024
Economic trends
Truck tonnage fell in November
ATA's Truck Tonnage Index saw a 1% decrease in November from October. Also: FTR reported its Trucking Conditions Index improved in October from September due to falling fuel prices; fleet collects, delivers Toys for Tots.
December 21, 2023
Economic trends
Truck orders reach heights not seen in 13 months
A slight year-over-year increase in orders in November shows a market that is still performing at a high level historically.
December 11, 2023
Indicators
Shippers' conditions flipped positive in September
Improving diesel prices helped flip FTR's Shippers Conditions Index from negative to positive for September. Also: I-94 enforcement blitz ongoing in Michigan; new compliance service from J.J. Keller; FedEx delivering Christmas trees to military families.
November 29, 2023
Indicators
Trucking conditions remain difficult despite September improvement
FTR reported an improvement in its Trucking Conditions Index in September compared to August, but the market still remains "quite tough" for carriers. Also: Mack expands BEV fleet management program; Kenworth launches 100th anniversary video series.
November 22, 2023
Indicators
Conditions for shippers fell negative in August
For the first time since October 2022, FTR's Shippers Conditions Index had a negative reading. Also: Ritchie Bros. announced dates for annual Orlando auction; Mack recalling certain LR refuse trucks.
October 31, 2023
Indicators
ACT Research data suggests gradually improving freight market
The latest release of ACT Research’s For-Hire Trucking Index shows continued improvement in freight volumes, pricing and driver availability. Also: Two more individuals sentenced in New Orleans staged-accident scheme; Frito-Lay recognizes safest drivers.
October 26, 2023
Indicators
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
Indicators
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
Indicators
Truck tonnage mostly flat from July to August
ATA's seasonally-adjusted Truck Tonnage Index was just 0.2% higher in August than July and down 2.3% from August 2022. Also: TA partners with Universal Technical Institute to train diesel, auto techs; FTR webinar to provide food industry update.
September 21, 2023
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Technology
Court halts NYSTA surcharge on commercial trucking toll management service providers
The court's rulings pause the implementation of the surcharge and allow Bestpass by Fleetworthy and PrePass to continue their participation in NYSTA’s existing Standard Commercial Charge Account program while the court reviews legal and procedural issues related to the authority's newly established program.
Business
Abilene Motor Express folding into Swift Transportation
Business
Quantix partnering with liquid bulk haulers MC Tank Lines, Leahy Transport
Mergers & Acquisitions
Koch doubles its nationwide square footage with SOS acquisition
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