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Economic trends: Page 20

Economic trends
Spot loads falling thanks to high contract rates, plugged supply chain
Already healthy reefer demand is about to accelerate thanks to tree fruit harvests, but the dry van load per truck ratio now at its lowest point in four months.
October 27, 2021
reefer units at a dock
Economic trends
Trailer OEMs can't fill 2021 orders, pushing them to 2022
Trailer orders now total 316,000 units over the past twelve months.
October 27, 2021
Technician working on equipment
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Business
California port backlog an 'emergency' requiring the national guard?
President Joe Biden floated the possibility of using National Guard troops to move freight as a group of California businesses demand temporary deregulation to address the massive port backlog.
October 26, 2021
A soldier in the National Guard drives a truck
Pay and benefits
JK Moving raises driver pay to six-figures | Truck tonnage index September jump was the largest this year
With the guaranteed income, JK salaries put CDL drivers among the Top 25 highest paying jobs in the nation. Also: Navajo Express is winding down its use of 3G cellular-based devices; Truck tonnage is up without additions to truck-count.
October 20, 2021
Tonnage Dispatch September 2021 Pr
Economic trends
Solving supply chain a 'global game of Whack-A-Mole'
Commercial vehicle demand remains healthy but supply still constrained.
October 19, 2021
1468608757 1 Orig
Economic trends
DAT: Contract rates catching up with spot rates
The national average contract van rate rose 3 cents last month compared to August and now equals the national average spot van rate.
October 18, 2021
semis being loaded
Economic trends
Trucking industry not confident in Biden's 24/7 port plan
There are not enough truckers to work three shifts per day nor does the hinterland infrastructure support hundreds of more containers to be unloaded in a 24-hour period.
October 17, 2021
Port of Los Angeles with stacked containers
Economic trends
Spot volume weakens but volatility looms
Fuel costs pressure on rates likely will continue as crude is now trading at its highest price in seven years.
October 12, 2021
semi backing into a dock
Economic trends
Spot volume edges higher as dry van loads rise to second-highest level ever
The average spot van rate from Los Angeles to Chicago – a key intermodal lane – was up 5%, according to DAT, and the number of loads moved increased by 19% compared to the previous week as shippers looked to truckload carriers to move urgent freight.
October 6, 2021
forklift loading a trailer
Economic trends
Truck orders drop, but 'order number is not a true indicator of 2022 truck demand'
Facing supply chain challenges, at least one OEM expects deliveries this quarter to fall despite fevered demand.
October 5, 2021
Paccar technicians building a truck
Economic trends
Yokohama announces another price hike during 'unparalleled rise of freight and operational costs'
Due to an 'unparalleled rise' in freight and operational costs, Yokohama is raising prices again starting Nov. 1.
October 1, 2021
Tires to be mounted
Economic trends
Effect of vax mandate on trucking likely to mirror that of a severe weather event
This year has been a challenge for shippers, with the number of loads to available drivers hovering at about a 6:1 ratio, and skyrocketing the closer you get to a port.
September 29, 2021
truck at a port
Business
The underlying problems with the 'best freight market in history'
The year 2021 may go down in history as "the best freight economy in U.S. history," but as high as volumes and rates can climb there will still be winners and losers due to unprecedented supply-side problems.
September 23, 2021
Truck driver
Economic trends
Spot load volume returns to pre-holiday levels
Spot volume rebounded sharply in all segments, confirming that the recent reduction in load availability resulted from the Labor Day holiday.
September 21, 2021
Reefer trailers at a dock
Technology
New C.H. Robinson tech gives shippers insight into spot market rates and trends
Since January 2020, load postings are up 176% while postings from trucks looking for loads are down 5% – an imbalance that's driving up rates up.
September 20, 2021
Market Rate IQ pricing summary
Economic trends
DAT Truckload Volume Index gained 2% in August, national contract rate jumps
Shippers and logistics managers who would normally be gearing up for peak shipping season have encountered one test after another in terms of their ability to manage transportation pricing, capacity and supply chain disruptions.
September 16, 2021
truck at the dock
Economic trends
Trailer orders bouncing back as some 2022 slots open
Fleets are eager to lock up prime 2022 build slots but OEMs continue to be careful in managing order scheduling.
September 15, 2021
trailer with doors open
Indicators
Container cost surge of 445% collides with constrained supply chain
The cost of some equipment parts is tied up more in import fees than the parts themselves.
September 14, 2021
A surge of in-bound freight at the ports has brought plenty of business and challenges.
Previous Page
Page 20 of 78
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Top Stories
Manufacturing workers assembling industrial machinery in a factory production line
Home
Most heavy trucks exempt from new 25% truck tariff, 'non-U.S. content' will be taxed
Trucks that qualify for preferential tariff treatment under USMCA, tariffs will only apply to the value of the non-U.S. content.
Transportation worker in safety vest checking truck documentation at vehicle inspection point
Regulations
DOT docks California $40 million for ELP compliance failure
508611376 737042255342194 6755161057297017128 N
Business
'Shocking' Montgomery Transport closure 'like losing family'
Fleet Compliance
Business
The cost of fleet compliance failures
Security camera overlooking red semi-truck at warehouse loading dock
Business
Cargo theft costs trucking $18 million per day, most loads never recovered
CCJ Top 250
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