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Economic trends: Page 10

Freight demand
Truck tonnage ticked up in October
ATA reported a 1.1% increase in October, which followed a 1.1% decrease in tonnage hauled in September. Also: Trucking Cares Foundation makes $20K donation to Texas driving school.
November 23, 2023
ATA Truck Tonnage Index October 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
FTR Trucking Conditions Index September 2023
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Indicators
Truck, trailer orders closing the year on strong trend
Strength in certain segments, like vocational trucks and van trailers, help prop up order numbers.
November 20, 2023
Freightliner assembly
Freight demand
Truck freight volumes to grow over the next decade
Overall truck tonnage expected to grow from an estimated 11.3 billion tons this year to 14.2 billion tons in 2034.
November 9, 2023
forklift loading a trailer
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
trucks backed to dock
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
ACT Research For-Hire Trucking Index Volumes
Freight demand
Truck tonnage dipped in September after slight August gain
ATA's Truck Tonnage Index fell 1.1% in September from August. Also: ATA announces leadership team changes; NMFTA names new COO; Logistics One expands 3PL, opens new service and repair center; J.B. Hunt awards scholarships.
October 25, 2023
ATA Truck Tonnage Index September 2023
Technology
Tech that helps small to mid-size carriers fight against a volatile economy
The freight market will see slow growth over the next year. These three technologies can help carriers survive and even thrive in a stagnant economy.
October 23, 2023
Angry truck driver
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
FTR Trucking Conditions Index August 2023
Freight demand
ATA economist issues dire prediction for spot market carriers
ATA's Bob Costello said freight recovery will come from supply correction before increased freight demand.
October 17, 2023
Bob Costello
Economic trends
Weaker consumer demand, oversupply of capacity likely to drag into next year
In its first ever Holiday Outlook Report, Motive looks at the current State of Freight and State of Retail as we enter peak freight season with predictions for what to expect this holiday season and heading into 2024.
October 15, 2023
Hamish Woodrow, Motive's head of strategic analytics
Used trucks
How long will used trucks be a buyer’s market?
Used truck sales are more than a function of how well new trucks are selling.
October 10, 2023
a line of semi trucks
Economic trends
FTR's Starks says trailer market correction incoming in 2024
A throttling down of trailer production is coming. FTR CEO Jonathan Starks says the only question is when will it occur?
October 5, 2023
Jonathan Starks speaks at 2023 NTDA Convention
MarketPulse
Will the Grinch spoil trucking's busiest freight season?
Large carriers hint at optimism, but indexes and spot market metrics tell a different story.
September 25, 2023
Maxresdefault 65119bc6f1b5f
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
FTR Trucking Conditions Index July 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
ATA Truck Tonnage Index August 2023
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
Maintenance
Parts and labor costs begin to show improvement
Combined parts and labor costs for the top 25 VMRS codes fell 1.3% in the second quarter from the first, and labor costs decreased for the first time in the past year.
September 18, 2023
diesel mechanics looking under a hood
Previous Page
Page 10 of 77
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Top Stories
Cyberimage
Cybersecurity
NMFTA warns of Chinese components in trucking technology
The trucking industry's expanded digitization increases its potential for cybercrime, and China could be a key threat to the U.S. via technology in transportation.
Headquartered in Ohio, Kandel Transport Inc. is a regional carrier specializing in temperature-controlled food transport.
Business
Kandel Transport acquired by Nagle Companies
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Business
Marten Transport CEO stepping down, Randy Marten to return
Adobe Stock 678872750
Regulations
U.S. 'pausing' work visas for commercial truck drivers
Cargo theft is on the rise. Learn strategies to protect your trucks, trailers and freight.
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Cargo theft is on the rise. Learn strategies to protect your trucks, trailers and freight.
CCJ Top 250
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View, sort and download the trucking industry’s most comprehensive ranking of for-hire carriers in North America, based on a blend of metrics including fleet size, annual revenue and number of drivers.
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In House or Outsourced Maintenance
The decision between bringing fleet maintenance in-house versus outsourcing is a pivotal one that could significantly affect your operations.
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