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Economic trends: Page 19

Load bidding and contracts
Historical data helps small fleets plan for more profitable loads
Advanced freight booking and fleet management platform SmartHop launches its inaugural monthly profitability report highlighting hot markets and profitable lanes to help small fleets compete against bigger players.
August 29, 2023
Dry Van Lane Profitability
MarketPulse
'Soft' trucking conditions likely for at least another year
Historical trends suggest trucking conditions will remain soft through at least mid-2024.
August 29, 2023
Maxresdefault 64ecec9808f8e
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Economic trends
Trucking conditions, tonnage hauled both declining through summer
FTR's Trucking Conditions Index was down in June from May, while ATA's Truck Tonnage Index fell in July from June. Also: FMCSA exploring new study on safety impacts of detention time; UPS Teamsters ratify new national contract.
August 24, 2023
truck and trailers at dock
Economic trends
Trailer build rates remain strong in the face of economic headwinds
Production begins to outpace order volume as seasonal slump settles in.
August 22, 2023
Kenworth T680 moving down the assembly line
Economic trends
A little bit of trucking history and perspective
An outdated growth strategy in the truckload segment has caused the capacity imbalance that we're currently living with.
August 21, 2023
Old semi truck
Economic trends
Freight market poised for growth next year
With the loss of capacity and leveled-off consumer spending, among other economic factors, the freight market has been "stagnant," but it is forecast to slowly rebound starting next year.
August 20, 2023
Semis loaded with containers
Companies
How a Yellow bankruptcy would influence freight, used truck markets
If Yellow's 15-year flirtation with bankruptcy ends, it would spell higher rates for LTL carriers and pockets of the spot market, and put sought-after late model used equipment in the market.
August 3, 2023
Yellow employees walking in a warehouse
Economic trends
Freight shipments, spending see steepest drop since early pandemic
In the second quarter, truck shipments dropped 9% nationwide and as much as 27% regionally.
August 1, 2023
forklift loading a trailer
Companies
UPS set to return to negotiating table with Teamsters next week
The company said it's looking "to resolve the few remaining open issues" with Teamsters members. Also: Truck tonnage, revenue, employment all increased in 2022; June tonnage increased over May, but still down from last June; more.
July 20, 2023
UPS workers delivering packages
Economic trends
Loose capacity could absorb effects of 'highly disruptive' UPS strike
Unless a looming strike of more than 340,000 UPS workers and drivers drags on for several weeks, truckload and LTL carriers are unlikely to see any effects.
July 5, 2023
UPS delivery drivers
Indicators
Shippers' conditions expected to continue positive trend
After gaining gaining nearly three points in April, FTR's Shippers Conditions Index is expected to remain positive for at least the next 12 months. Also: Trucker in I-95 bridge collapse lost control, NTSB said; Volvo, Freightliner recalls.
July 4, 2023
truck backed to dock
MarketPulse
Freight rates continue to fall, but have they found the floor?
2022 import levels were a decade off historical trends and their return to pre-COVID levels has been "painful for carriers."
June 26, 2023
Maxresdefault 6499de8d0cc59
Business
Cost of trucking hit record high last year, passes $2/mile for the first time
Marginal costs for trucking companies ballooned 21.3% last year over 2021 to $2.251 per mile, surpassing the $2 per mile mark for the first time in the history of ATRI’s operational cost report.
June 21, 2023
A $100 bill on fire
Economic trends
Report finds healing supply chain has been costly
Road freight, the largest chunk of logistics spending, saw little change in overall volume last year but capacity increased sharply and sent rates sliding.
June 20, 2023
Shipping container on a crane
Freight demand
Freight cycle near bottom
That spot rates have largely held onto the gains from Roadcheck suggests the freight market is close to its balance.
June 14, 2023
semis loaded with containers
Economic trends
Spot market at bottom, contract projected to continue falling: FTR
The spot market is at the bottom and may have already turned the corner upward. The bad news? It's at the bottom. More from FTR's "State of Freight" presentation/discussion.
June 9, 2023
Dry van spot rates projected to gain modestly through the end of the year
Used trucks
'This is a bad year' for used trucks
The first six months of the year haven't been a lot of fun for anyone selling a truck, but some measure of stabilization could be around the corner.
June 9, 2023
Maxresdefault 64820cb99474c
Indicators
Class 8 truck orders reverse negative course
Despite freight volatility, fleet demand for equipment does not appear to be waning.
June 6, 2023
Kenworth cab
Previous Page
Page 19 of 85
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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
CCJ Top 250
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