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Economic trends: Page 10
Economic trends
Class 8 orders align with reserved expectations
With low demand, excess capacity and poor profitability for carriers and truck buyers alike, the results are in line with what was expected given the conditions.
May 9, 2024
Economic trends
Produce volumes not promising, says analyst
Fluctuations in Florida, Mexico and California can impact the market.
May 9, 2024
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January 4, 2026
Economic trends
Truck freight market data highlighted decline in shipment and spending
Overcapacity, bad weather and weaker retail sales impacted the truck freight market.
May 3, 2024
Business
Carrier failures have "declined mostly steadily, but they are still higher than seen before the pandemic"
Even with the large number of carrier failures, the market still has 94,000 more for-hire carriers than it did immediately before the pandemic.
April 25, 2024
Indicators
Truck tonnage ticked down in March
ATA's Truck Tonnage Index saw a 2% decrease from February to March, representing a 1% year-over-year decrease. Also: Senators call on NHTSA for regs on automated driving systems; Service One Transportation renews SmartWay partnership.
April 24, 2024
Economic trends
Agility, data modeling will drive fleet business and sustainability success
Heavy duty fleet executives are cautiously optimistic about the current year and how it may shape up for their organizations.
April 23, 2024
Economic trends
Order activity for trailers drop in March, says analysts
When fleets are not profitable, their capacity or willingness to invest in equipment is “muted,” ACT said.
April 22, 2024
Indicators
Supply needs to get back into balance with demand, experts say
Capacity has continued to decline at slow, steady pace, according to ACT Research.
April 9, 2024
Indicators
Class 8 truck orders dipped in March, in line with seasonal trends
Despite decline in orders, ACT and FTR analysts noted it was expected.
April 5, 2024
Economic trends
Did increasing workloads allow carriers to stay profitable?
A new Truckstop.com survey noted that more than 2,000 carriers had to work harder in 2023 to stay profitable.
April 4, 2024
Economic trends
Baltimore bridge collapse a 'logistical hassle,' long-term effects unlikely
Deep integration with the Baltimore port means long-term disruption of freight flows is unlikely.
March 28, 2024
Economic trends
Equipment, auto haulers may feel strain from Baltimore bridge collapse
The Baltimore port was a major player in the import/export of construction and farm equipment, cars and light trucks and bulk minerals.
March 27, 2024
Economic trends
Population shift will soon drive trucking tidal wave, expert says
The U.S. stands to benefit from falling global population, and a record-breaking younger pool of consumers and employees with drive freight demand.
March 25, 2024
Economic trends
Mexico passes China as top U.S. export partner, and that’s good news for freight
A near-shoring effort isn't as simple as taking port freight and moving it cross-border.
March 22, 2024
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
Economic trends
Truck tonnage rebounded in February
ATA reported tonnage hauled was still down from a year ago, indicating the freight recession is ongoing. Also: Paccar Parts' TRP brand opened its 300th global store as it celebrates 30 years in business.
March 20, 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
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
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