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Economic trends: Page 16

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
Adobe Stock 193218762
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
Adobe Stock 312985059
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November 4, 2026
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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
Adobe Stock 450064923 Editorial Use Only
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
Adobe Stock 420313867
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
Baltimore Mayor Brandon M. Scott on a Coast Guard Cutter
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
Boat on the water near the Francis Scott Key bridge
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
Ken Gronbach speaking at TCA convention in Nashville
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
Maxresdefault 65fc2e15b2a2a
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
Adobe Stock 450065804 Editorial Use Only
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
ATA Truck Tonnage Index February 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
truck backed to dock
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
trucks in a parking lot
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
Adobe Stock 450065910 Editorial Use Only
Business
'Too much equipment available' in used truck market
Driven by freight demand and truck utilization, the used truck market is one to watch.
February 21, 2024
older used semi truck
Freight demand
Truck tonnage down to begin 2024
ATA's Truck Tonnage Index fell by 3.5% in January after climbing slightly in December. Also: Ryder expands at the border; FTR reports trucking conditions fell to close 2023; recalls affecting International, Freightliner, Western Star trucks.
February 21, 2024
ATA Truck Tonnage Index January 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
Adobe Stock 215634331
Economic trends
Volvo sets sights on marketshare highs with new VNL ahead of earlier pre-buy
Recovery in freight rates in the second half of this year should set up the 2025-2026 freight cycle, and a big part of Volvo’s future growth, of course, is its newly revamped VNL on-highway tractor.
February 13, 2024
Magnus Koeck
Economic trends
FTR's February trucking outlook shows slow, steady growth
For-hire trucking operations still high, though falling, and spot rates seem to have bottomed out, FTR experts say.
February 8, 2024
A chart showing the net change in carrier population.
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Top Stories
Two men in professional attire sitting inside a vehicle during daytime
Safety & Compliance
FMCSA boots 133 ELDs off registry in fraud crackdown
Federal regulators pulled 133 non-compliant electronic logging devices off the public registry and gave motor carriers 60 days to replace them.
Red semi-truck with green cargo trailer driving on highway with motion blur
Freight demand
Truckload rates hold steady as holiday freight season tests limited capacity
Mechanic selecting tools from organized toolbox containing wrenches, sockets, and hand tools
Components
Heavy-Duty parts inflation slows to .4% nationwide, masking steep regional swings
Union Pacific diesel locomotives lined up on railroad tracks in a rail yard under clear sky
Freight demand
Proposed rail merger would slash 2.1 billion long-distance truck miles from the highway annually, report finds
Four colorful semi-trucks parked in front of Roane Transportation facility building with wooded hillside background
Mergers & Acquisitions
PS Logistics expands flatbed footprint with Roane Transportation acquisition
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