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Economic trends: Page 25

Technology
Digital tools help carriers manage contract freight bids
All parties stand to benefit from a more intelligent and efficient process to manage bids for freight contracts.
February 25, 2021
woman working desk with two monitors looking at data
Finance
Truck replacement, investment strategies will rise in 202
As the tumultuous economy of 2021 makes its way through the first quarter, businesses are encountering sporadic patterns of equipment investment demand depending on which market sectors they serve.
February 23, 2021
three white semi-trucks parked in a row with for sale signs in their front windows
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Economic trends
Carrier failures mounted in '20, but so did new entrant carriers
Lack of load availability last spring -- and the cheap rates on the loads that were available -- were the prime contributing factor in the spike in carrier failures last year. But a hot spot market also drew a surge in new entrant motor carriers.
February 16, 2021
class 8 truck on the highway at night
Economic trends
Fleets locking in trailer build slots on 2021 optimism
The challenge currently facing trailer OEMs in the near-term is a raw material and component shortage.
February 11, 2021
Semi-truck trailers parked at a warehouse
Economic trends
Truck orders exceed 40K units for fourth consecutive month
Freight growth has pushed fleets to add capacity as fast as possible and OEMs and suppliers are wrestling to keep pace with surging demand.
February 2, 2021
Line of parked semi trucks
Business
Avoid the spot market? Analysts weigh in on 2021 freight outlook
Analysts have offered a rosy outlook as the freight recovery that burgeoned in the back half of 2020 is expected to continue through at least the first half of 2021. One prominent analyst, however, foresees a cyclical slowdown.
January 20, 2021
semi trucks at freight loading dock
Economic trends
Three areas to watch in 2021
The virus, the economy and regulations: Here's what to look for in 2021.
January 19, 2021
economy dashboard with 'restart' and 'pause' buttons
Indicators
2020 trailer orders beat 2019 levels
At current production levels, many OEMs could be fully-committed for 2021 production slots.
January 14, 2021
Year-end trailer orders have boosted backlogs from a low point in July during the throes of the pandemic.
MarketPulse
CCJ MarketPulse- October 2020
Key findings Carrier optimism continues to rise as the year draws to an end, with the business conditions index rising from 7.1 in September to 7.3 in October. Month-to-month sentiment rose for respondents with up to 100 power units from 6.7 in September to 6.8 in October, while sentiment for respondents from fleets with more […]
December 14, 2020
MarketPulse
CCJ MarketPulse- September 2020
Key findings Carrier sentiment for business conditions continues to track with the economic rebound, up to 7.1 in September 2020 compared to 6.83 in August 2020. Month-to-month sentiment rose for respondents with up to 100 power units from 6.47 in August to 6.7 in September, while sentiment for respondents from fleets with more than 100 […]
November 5, 2020
MarketPulse
CCJ MarketPulse- August 2020
Key findings: Carrier sentiment for business conditions continue to surge during the COVID shutdown recovery, up to 6.83 in August 2020 compared to 6.35 in July 2020. Month-to-month sentiment rose for respondents with up to 100 power units from 6.24 in July to 6.47 in August, while sentiment for respondents from fleets with more than […]
October 13, 2020
Business
As Amazon issues warehousing blockade, carriers scramble to make sense of early peak season and retail wave
Transportation companies see an increase in e-commerce for physical goods amid record-low inventories as Amazon announces warehouse blockade. Details on CCJ.
October 6, 2020
amazon-truck-dock-loading-shipper-receiver-2020-05-19-13-30
Business
Man vs. machine: Software battles empty miles and increases revenue
Trucking companies look to offset empty miles and increase profitability with efficient route planning software. Learn more here on Commercial Carrier Journal.
September 1, 2020
SMC3-Road-trip-slide-2020-08-31-22-45
Business
The quest for rates transparency: How carriers can leverage data to come out ahead
Variables that shippers, 3PLs and carriers use for freight rates make it difficult, if not impossible, to price shipments like a commodity. See CCJ for details
July 17, 2020
shutterstock_1331621192-2020-07-14-09-51
Business
When the free market and a pandemic collide: Is more oversight needed of trucking rates?
Freight markets have been volatile, but is more rate and cost transparency needed? Read CCJ to see how shippers, 3PLs and carriers are addressing this concern.
July 15, 2020
Liberty-3-2020-05-05-13-47
Business
The freight awakening? Demand roars back to life, though potential ditches lie ahead
Freight demand has crawled back, with load volumes soaring on the spot market. Some predict gains to continue, though key hurdles remain. Details on CCJ.
June 16, 2020
truck highway interstate-2017-07-11-07-38
Business
DHL Supply Chain execs discuss ‘whirlwind’ business climate
Truckload and LTL shipments are down. Carriers are furloughing drivers to keep their costs at bay. When will transportation rebound? See CCJ to find out.
June 2, 2020
DSC_1796-2019-10-21-21-49
Business
CCJ Upshift: Trucking economist predicts rapid post-COVID recovery
The second half of 2020 and the long-term impacts of the COVID-19 pandemic are unknowns, but one noted trucking economist is willing to predict the U.S. economy’s recovery will be more robust and occur more quickly than many might think.
May 27, 2020
swift-2020-02-27-14-20
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Top Stories
Electronic Toll
Technology
Court halts NYSTA surcharge on commercial trucking toll management service providers
The court's rulings pause the implementation of the surcharge and allow Bestpass by Fleetworthy and PrePass to continue their participation in NYSTA’s existing Standard Commercial Charge Account program while the court reviews legal and procedural issues related to the authority's newly established program.
Abilene will continue operating through Tuesday, January 27, the company said, maintaining its commitment to safe, reliable, and professional service as resources transition to Swift.
Business
Abilene Motor Express folding into Swift Transportation
Partnerships with MC Tank Lines and Leahy Transport brings the Quantix network to more than 70 locations.
Business
Quantix partnering with liquid bulk haulers MC Tank Lines, Leahy Transport
Koch said their Strategic acquisition of SOS to accelerates growth, expands reach, and bolsters geographic and industry-specific offerings for Koch Logistics & Warehousing.
Mergers & Acquisitions
Koch doubles its nationwide square footage with SOS acquisition
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CCJ Top 250
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