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CCJ Top 250
Economic trends: Page 20
Economic trends
Will debt ceiling drama be avoided?
The U.S. owes more than $31 trillion. Just like many households have mortgages, car notes and credit cards, the U.S. government also carries debts that allow it to pay for programs and services for Americans.
May 26, 2023
Indicators
Trucking conditions still loose, but rebalancing is underway
ACT Research reported freight volumes, rates and capacity continued to decline in April, but the supply-demand rebalancing has begun. Also: Florida HHG mover pleads guilty to scheme charges; autonomous firm Kodiak adds new VP of Safety.
May 26, 2023
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November 4, 2026
Indicators
April marked lowest month for truck tonnage since September 2021
ATA's Truck Tonnage Index hit its lowest level in nearly two years in April. Also: FedEx launches new sustainability tracking tool; Digital freight network Convoy joins Volvo autonomous program.
May 25, 2023
Technology
Technology drives major increase in double-brokering scams
Double-brokering scams were up over 100% coming out of the fourth quarter of 2022 and into the first quarter of 2023. Here's how the industry is responding.
May 23, 2023
Indicators
Conditions for carriers continued to fall in March
FTR reports lower fuel costs and slightly stronger utilization partially offset a more negative rate environment as spot rates continued to deteriorate. Also: NTTC names annual top driver; ATA seeks industry image award nominations; more.
May 23, 2023
MarketPulse
Rate pressure, operating costs continue to thwart a trucking recovery
Age rather than size dictates the likelihood of carrier failures, says Jason Miller, Michigan State market expert. Watch his trucking prognostication based on a fresh set of data in this month's episode of CCJ MarketPulse.
May 22, 2023
Economic trends
Roadcheck expected to 'help usher in a new freight cycle'
Dry van rates have declined in nine of the past 10 weeks but this week's Roadcheck likely will prompt an about-face.
May 16, 2023
Indicators
Truck orders fall for sixth time in seven months
There still are indications that fleets are requesting equipment, and there has been no notable uptick in cancellations.
May 7, 2023
MarketPulse
Manufacturing slowdown, interest rates continue to squeeze freight market
Is trucking near the bottom of the soft freight cycle? Michigan State's transportation expert Jason Miller shares his thoughts on this month's episode of CCJ MarketPulse.
April 24, 2023
Economic trends
ATA: Truck tonnage in March saw biggest monthly decline since April 2020
A 5.4% decline in ATA's seasonally-adjusted Truck Tonnage Index was the largest since the beginning of the pandemic. Also: Recalls hit 45K International trucks, Volvo and Nikola electric trucks, and hundreds of Daimler trucks; Coca-Cola Canada adds EVs.
April 19, 2023
Economic trends
Trucking conditions fell in February with weak freight rates, volume
FTR's Trucking Conditions Index fell farther into negative territory in February. Also: TuSimple gets 'OK' from international autonomous safety auditor; Penske Truck Leasing opens new Alabama facility; Estes names two new VPs.
April 18, 2023
Economic trends
Truck orders fall for fifth time in six months, sales pace 'unsustainable' in current freight environment
While recent orders have softened, fleets continue to request equipment, and quote activity has been in line with past seasonal behavior.
April 5, 2023
Economic trends
ACT: Freight cycle likely nearing bottom
ACT Research reported that freight volumes and rates declined in February, but the freight downcycle is closer to the end than the beginning. Also: Teamsters, ABF start work on new deal; Looser capacity decreased shippers' conditions in January; more
March 29, 2023
Business
'Get ready to compete': New rail behemoth sets sights on trucking
Canada Pacific's merger with Kansas City Southern promises to take 64,000 truckloads off the road each year, and the Biden admin will likely hold them to that. The new rail behemoth is very clearly coming for trucking, but can the industry take it?
March 23, 2023
Economic trends
Trucking conditions improved in January, but downswing expected
FTR's Trucking Conditions Index improved from December to January, but the firm expects negative conditions into the third quarter of 2024. Also: Truck tonnage was up in February; R+L Carriers founder passes away; more.
March 22, 2023
Economic trends
Truck orders climb for the first time in five months
Order activity over the last six months has been strong and annualizes to 413,000 units.
March 7, 2023
Economic trends
Truck tonnage opened 2023 with slight increase
ATA reported a 0.7% uptick in truck tonnage in January. Also: FMCSA denies truck driver's HOS exemption request; another driver seeks split-sleeper flexibility; Fleetforce expands training programs in Florida; Tradepoint Atlantic expanding to Tampa.
February 23, 2023
Economic trends
Trailer backlog increasing as production rate drops
Demand overall remains strong, and cancellations are low, but some orders are being made to replenish dealer stock, rather than going directly to fleet customers.
February 20, 2023
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Top Stories
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.
Freight demand
Truckload rates hold steady as holiday freight season tests limited capacity
Components
Heavy-Duty parts inflation slows to .4% nationwide, masking steep regional swings
Freight demand
Proposed rail merger would slash 2.1 billion long-distance truck miles from the highway annually, report finds
Mergers & Acquisitions
PS Logistics expands flatbed footprint with Roane Transportation acquisition
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