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Economic trends: Page 12

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
Adobe Stock 450065910 Editorial Use Only
Business
Political analyst Charlie Cook shares Biden's uphill battle to re-election
In the United States, every presidential election is unique. But that doesn’t mean election trends don’t exist.
February 2, 2024
President Joe Biden speaking at a Mack Trucks facility
Sponsor Content
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March 9, 2026
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Economic trends
What to expect with the freight market in 2024
Diving into Motive's Monthly Economic Report to look at how the trucking market closed out 2023 and what it will look like as 2024 rolls on.
February 2, 2024
Freight market CCJ 10-44 YouTube cover
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
ATA Truck Tonnage Index December 2023
Pay and benefits
Virtual carrier offers a different kind of minimum revenue guarantee
CloudTrucks recently launched a guaranteed revenue program designed to provide its owner operators under its Virtual Carrier platform with a safety net in a fluctuating freight market.
January 24, 2024
Guaranteed revenue program
Indicators
Truck, trailer orders indicate slowest December since before pandemic began
Trailer orders sees nominal improvement from November to December, according to ACT Research.
January 23, 2024
Truck trailer
Economic trends
Fleet representatives give insight into state of heavy-duty business
Fleets planning purchases carefully, pushing back on prices, representatives from three very different organizations tell Molly MacKay Zacker from MacKay & Company.
January 23, 2024
Three men and a woman discuss fleet concerns on a stage.
Economic trends
Mack's Randall says 2024 truck sales could exceed expectations
The strength of 2023 truck sales could make 2024 a better year than initially expected, Mack Trucks’ President Jonathan Randall told suppliers Monday at Heavy Duty Aftermarket Dialogue, presented by MEMA and MacKay & Company, in Grapevine, Texas.
January 22, 2024
Mack's Jonathan Randall speaks at Heavy Duty Aftermarket Dialogue
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
Mack Trucks axles
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
FTR Freight Outlook
Indicators
Trailer orders falling as carrier concerns mount
Trailer build rates reached their lowest point since last year, but a drop in production after October is normal.
December 28, 2023
reefer trailers at a dock
Economic trends
Trucking bankruptcies expected to continue in the foreseeable future
Industry bankruptcy experts say financial distress at the hands of multiple factors has caused an uptick in bankruptcy cases among trucking and logistics companies of all sizes.
December 27, 2023
Pen signing a contract
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
ATA Truck Tonnage Index November 2023
Pay and benefits
New year brings new per diem pay option at CCJ Top 250 carrier
GP Transco has begun enrollment for the new pay option for drivers that will roll out in January 2024 as a means to keep more money in drivers' pockets as cost of living increases has many looking for per diem in other places.
December 18, 2023
GP Transco Per Diem Pay
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
51971945411 B5a5779d9e B
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
Truck at dock
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
Previous Page
Page 12 of 80
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Top Stories
Chief Financial Officer Chris Wikoff noted that last year, average truck count in Werner's One-Way division, where ECM operated, was 2,386, a 10% decrease year-over-year.
Business
ECM Transport future in question amid Werner’s One-Way reorg
Werner paid $142.4 million in 2021 for an 80% stake in regional carriers ECM Transport and Motor Carrier Services of Pennsylvania.
Founded in 2012, NHH Services provides specialized transportation and project management services throughout the United States and Canada, with expertise in heavy haul, flatbed, general freight, and complex cargo movements.
Mergers & Acquisitions
Bennett Family of Companies acquires Indiana fleet
FMCSA Administrator Derek Barrs speaks at TCA Truckload 2026.
Regulations
FMCSA boss: 'We're going to bite off more than we can chew'
Adobe Stock 1653538285
Recruiting & retention
Driver churn costs fleets $13K, report shows. Is tech helping or hurting?
Senator Jim Banks (R-Ind.) on Wednesday introduced the Dalilah Law–legislation that would require states to take specific measures to get illegal alien truck drivers off America’s roads to receive federal Department of Transportation funding.
Regulations
Trump's Dalilah Law introduced into Senate, DOT funding tied to state compliance
CCJ Top 250
Get all the info on the top 250 trucking companies in America
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.
Get the free report
White Papers
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How fleets maximize value from cradle to casing
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