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Indicators: Page 9

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
Diesel fuel pump
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
Kenworth assembly line
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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
truck and trailers at dock
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
Kenworth T680 moving down the assembly line
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
Yellow employees walking in a warehouse
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
UPS workers delivering packages
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
UPS delivery drivers
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
truck backed to dock
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
Maxresdefault 6499de8d0cc59
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
semis loaded with containers
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
Political battle over debt ceiling
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
ACT Volumes Index
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
ATA Truck Tonnage Index April 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
truck at dock
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
trucks sitting at a loading dock
Economic trends
Trucking conditions fell in February with weak freight rates, volume
FTR's Trucking Conditions Index fell farther into negative territory in February. Also: TuSimple gets 'OK' from international autonomous safety auditor; Penske Truck Leasing opens new Alabama facility; Estes names two new VPs.
April 18, 2023
FTR Trucking Conditions Index February 2023
Economic trends
Truck orders fall for fifth time in six months, sales pace 'unsustainable' in current freight environment
While recent orders have softened, fleets continue to request equipment, and quote activity has been in line with past seasonal behavior.
April 5, 2023
Mack RVO 5,000th MD Series
Economic trends
Trucking conditions improved in January, but downswing expected
FTR's Trucking Conditions Index improved from December to January, but the firm expects negative conditions into the third quarter of 2024. Also: Truck tonnage was up in February; R+L Carriers founder passes away; more.
March 22, 2023
truck backed to dock
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Page 9 of 63
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Top Stories
Electronic Toll
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.
Abilene will continue operating through Tuesday, January 27, the company said, maintaining its commitment to safe, reliable, and professional service as resources transition to Swift.
Business
Abilene Motor Express folding into Swift Transportation
Partnerships with MC Tank Lines and Leahy Transport brings the Quantix network to more than 70 locations.
Business
Quantix partnering with liquid bulk haulers MC Tank Lines, Leahy Transport
Koch said their Strategic acquisition of SOS to accelerates growth, expands reach, and bolsters geographic and industry-specific offerings for Koch Logistics & Warehousing.
Mergers & Acquisitions
Koch doubles its nationwide square footage with SOS acquisition
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