Economic trends: Page 49

Indicators: Trucking Conditions improve as capacity tightens

August was the second straight month the index climbed, and FTR projects the trend to continue through 2017 as new trucking regulations restrict capacity and drive up rates and margins for trucking companies.

October 27, 2016

Diesel prices level out after two weeks of significant increases

The U.S.’ average price of a gallon of on-highway diesel is now $2.478, according to the Department of Energy’s weekly report.

October 24, 2016

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Truck demand, rates spike in L.A.-outbound lanes despite Hanjin-caused dip in imports

Though import volumes at two major west coast ports slumped in September due to Hanjin’s late August bankruptcy, key lanes out of the Los Angeles market have seen rates spike in recent weeks as load-to-truck ratios soared on the heels of Hanjin ships docking and unloading at L.A.-area ports.

October 19, 2016

The First Hanjin Ship To Dock At The Port Of Oakland Following The Company's Bankruptcy Filing

Indicators: Tonnage tumbles in September, rates follow

Tonnage was down in September, continuing 2016’s trend of choppy freight. Likewise, rates fell for the 7th straight month, according to Cass’ Truckload Linehaul Index.

October 18, 2016

CCJ Marketpulse – August 2016

The CCJ MarketPulse is a short survey of 200 for-hire fleet executives. Its purpose is to gauge fleet sentiment regarding monthly business conditions and concerns as well as hiring and purchasing plans. Here are the key findings from the August 2016 CCJ MarketPulse survey: Carrier sentiment for business conditions in August rose from July, up […]

October 18, 2016

Diesel prices jump 3.6 cents in most recent week

The increase puts the average price in the U.S. for a gallon of on-highway diesel at $2.481, the highest price since mid-November 2015.

October 17, 2016

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ATA forecast: Trucking freight, revenue poised for big growth in coming decade

Though the trucking industry will likely see declines in freight and revenue in 2016, this year’s only an outlier when looking at the industry’s long-term trend, says the American Trucking Associations in a new report.

October 17, 2016

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Diesel prices jump to highest point in nearly a year

A considerable increase in the average price of diesel across the U.S. during the most recent week has diesel prices at their highest point in 11 months, according to the Department of Energy’s weekly report.

October 11, 2016

Indicators: Trucking employment stumbles in September

Following several years with steady employment growth in the industry, 2016’s seen mostly a downward trend, highlighted by five straight months of job losses between March and June. July and August both saw trucking employment gains. September, however, saw another dip in industry employment.

October 7, 2016

Reefer rates dip in September, van and flatbed steady

Spot market rates for van and flatbed segments were mostly unchanged in September, according to monthly rate data from Truckstop.com, while reefer rates fell a dime from the month prior.

October 5, 2016

Economic panel: Slow going for U.S. economy

The anemic economic recovery also is reflected in the trucking industry, with total truckload volumes flat on a year-over-year basis, said Bob Costello, ATA chief economist and session moderator. “Freight has slowed down but we kept adding some capacity,” he said.

October 3, 2016

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Diesel prices tick upward in most recent week

The price of a gallon of on-highway diesel rose by seven-tenths of a cent, regaining the decrease from the previous week.

October 3, 2016

TMW Systems develops bid management app

TMW Engage.Bid simplifies the conversion and analysis of shipper RFP documents.

September 30, 2016

TMW Systems’ president Dave Wangler

Fueled by data: how ‘machine learning’ detects fuel waste, fraud by drivers

Real-time analysis goes beyond card controls to detect fuel transactions that fleets consider wasteful or even fraudulent

September 28, 2016

The Exception Module in the WEX ClearView platform shows patterns in fuel transactions that indicate waste and fraud.

Truckstop.com launches new Rate Analysis system

The program allows companies to input their own rate history for any lane and compare it to other rates for the same lane. The company says Rate Analysis shows a live feed of available capacity for each lane and offers a tool to send direct quotes to potential customers.

September 28, 2016

Truckstop.com’s Rate Analysis system gathers rate information in real time to help fleets determine their best rate.

Hanjin bankruptcy fallout likely to drive spot market rates up

A load-to-truck imbalance created by Hanjin’s bankruptcy will likely put upward pressure on spot market rates, especially for loads originating on the West Coast and heading east.

September 27, 2016

This graph from DAT shows the recent Hanjin-caused jump in outbound loads in the Los Angeles area. “The bar graphs below tell the rest of the story: Load posts increased dramatically, to more than 4,000 per day instead of 2,000, while truck posts declined from about 900 per day to between 600 and 700 per day,” says DAT’s Peggy Dorf. These two factors have created a load-to-truck imbalance, which puts upward pressure on rates.

Diesel prices continue steady downward trend

The U.S.’ average price of a gallon of on-highway diesel is now $2.382. Two regions saw slight upticks in price, while all other regions dropped during the week.

September 26, 2016

Indicators: Truck tonnage soared in August, spot market activity mixed

Tonnage jumped in August, as did load volume on the spot market. Rates, however, continued to drag.

September 20, 2016

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Workforce Pell Grant unlocks funds for CDLs, diesel tech certs

Pell Grants would be available for programs lasting 8–14 weeks, helping students fund CDL and certain diesel mechanic certifications.

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Class 8 truck orders surge 159% in February, signaling cyclical recovery

Chief Financial Officer Chris Wikoff noted that last year, average truck count in Werner's One-Way division, where ECM operated, was 2,386, a 10% decrease year-over-year.

ECM Transport future in question amid Werner’s One-Way reorg

Founded in 2012, NHH Services provides specialized transportation and project management services throughout the United States and Canada, with expertise in heavy haul, flatbed, general freight, and complex cargo movements.

Bennett Family of Companies acquires Indiana fleet

FMCSA Administrator Derek Barrs speaks at TCA Truckload 2026.

FMCSA boss: 'We're going to bite off more than we can chew'

Get all the info on the top 250 trucking companies in America

View, sort and download the trucking industry’s most comprehensive ranking of for-hire carriers in North America, based on a blend of metrics including fleet size, annual revenue and number of drivers.

The Complete Tire Lifecycle

How fleets maximize value from cradle to casing