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Economic trends: Page 19
Economic trends
Trailer orders extend slide but outlook 'bright'
Most OEMs experienced the pullback from March with the market showing caution due to lockdowns in China and war in Eastern Europe.
May 24, 2022
Load bidding and contracts
Parade helps brokers and carriers benefit from carrier reuse
Parade's software offers carriers new business leads and more consistent freight opportunities by building relationships with brokers.
May 19, 2022
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January 13, 2026
Economic trends
Trailer orders drop, but 'long-term outlook remains bright'
Final reporting will likely show that these lower order levels will still result in an average backlog-to-build ratio of just over eight months.
May 18, 2022
Economic trends
FTR's Trucking Conditions in negative territory for first time in two years
FTR's Trucking Conditions Index fell from 12.06 in February to -7.38 in March. Also: Diesel prices level off after month of increases; used truck sales fell while prices rose in April; Yokohama increasing tire prices in July.
May 18, 2022
Economic trends
Freight volumes down as chances of freight recession rise
The Cass Freight Index showed month/month and year/year declines in freight volume in April and called the chances for a freight recession "considerable." Also: Fleets announce driver pay increases; another carrier acquisition.
May 13, 2022
Economic trends
New truck crunch 'blessing in disguise' when it comes to rates, capacity
Had new truck and trailer builds been at 'normal levels,' analyst says trucking would currently be in a freight environment like 2019, 'without a doubt.'
May 12, 2022
Business
What's up with diesel prices?
Real businesspeople understand the economic benefits of becoming the low-cost producer of freight capacity.
May 10, 2022
Economic trends
Truck orders drop as OEMs 'hesitant' to accept reservations
OEM’s have yet to open their order boards for 2023 thanks in part to materials pricing volatility.
May 4, 2022
Economic trends
Trailer orders signal supply chain improvement
March order totals were the highest since December 2020 and should raise backlogs over the 200,000-unit mark for the first time since May 2021.
April 28, 2022
Economic trends
Despite softening spot rates and spiking fuel, signs point to strong freight market
Low truck and trailer cancelations and a rebound in consumer spending paint a rosy picture for freight movement long term.
April 27, 2022
Economic trends
Cross-border truck freight picked up in February
The U.S. DOT reported a 16.3% year-over-year increase in U.S.-Canada and U.S.-Mexico cross-border freight in February. Also: Two individuals sentenced in New Orleans staged-accident fraud scheme.
April 22, 2022
Economic trends
Truck tonnage continues upward trend
ATA's seasonally adjusted For-Hire Truck Tonnage Index increased by 2.4% in March. Also: Shippers conditions fell sharply in February; four more individuals plead guilty in New Orleans staged-accident fraud scheme targeting trucking companies.
April 21, 2022
Economic trends
Spot load postings down about 9% last week, rates slide by widest mark this year
A 9% decrease in total load postings to Truckstop.com was the largest drop of the year.
April 20, 2022
Economic trends
Contract rates set record while spot rates slide
Shippers last month paid historically high prices to ensure that more of their loads moved under a longer-term contract.
April 18, 2022
Economic trends
Trucking conditions up in February but projected to turn negative in March
A strong freight market helped spur FTR's Trucking Conditions Index to a slight increase in February despite rising fuel costs, but soaring costs in March are expected to send the index negative for the first time since 2020.
April 18, 2022
Economic trends
Trailer orders hit 15 month high as 2022 is basically sold out
March trailer orders reached its highest level since December 2020, according to preliminary data compiled by ACT Research. Also: Fleetrite has expanded its retail footprint to 31 Navistar dealerships.
April 14, 2022
Economic trends
Spot load volumes suffer atypical seasonal dip
Pre-pandemic, an early-April drop in spot load volume was practically unheard of, but it now seems part of the new normal.
April 13, 2022
Economic trends
Truck orders have varied less than 400 units per month this year
Backlog-to-build ratios are essentially double normalized levels.
April 5, 2022
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