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Economic trends: Page 5
Economic trends
Freight market poised for gradual growth in 2025 amid economic shifts, analysts say
Steady economic recovery and improving truck utilization drive steady growth, though persistent inflation and potential tariffs pose challenges.
January 14, 2025
Economic trends
Is a meaningful freight recovery inbound this year?
Pinpointing the freight recovery bounce isn’t any easier this year than last.
January 10, 2025
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February 19, 2025
Business
One week per year wasted sitting in traffic, study finds
Congestion resulted in drivers losing an average of 43 hours to traffic jams in 2024 – more than four billion hours lost nationwide and costing $74 billion.
January 9, 2025
Economic trends
Truck orders in 2024 better than 2023 levels
Net orders remained relatively strong for what is typically a slower month, reflecting positive momentum into the new year.
January 8, 2025
Economic trends
How healthy is the used truck market going into 2025?
How the used truck market changed this year, and what it will look like next year.
December 24, 2024
Economic trends
November trailer orders see uptick but sustainability remains uncertain amid demand outlook
Trailer net orders showed a promising uptick, but analysts caution against calling it a trend.
December 20, 2024
Indicators
How freight rates, capacity, fuel impacted market conditions in September
According to FTR, the market was down for carriers, while it improved for shippers during the month. Also: Drug testing firm to begin training for oral fluid specimen collection; Estes unveils diabetes awareness trailer wrap.
November 28, 2024
Economic trends
Survey shows carriers eye market equilibrium despite ongoing challenges
The industry is showing early signs of recovery, with growing optimism about demand and rates improving in the next months, according to a Truckstop and Bloomberg survey.
November 26, 2024
Economic trends
October trailer net orders see modest uptick amid year-over-year decline and market challenges
Despite a slight uptick, trailer orders remain at low levels, reflecting weak demand and ongoing market challenges.
November 22, 2024
Indicators
Truck tonnage improved in October, as market forecast shows optimism
ATA reported its Truck Tonnage Index increased from September to October. Also: FTR's Trucking Conditions Index showed a decline for September, but the firm's outlook is for positive readings on the horizon; fleet owner guilty of Ponzi scheme; more.
November 21, 2024
Economic trends
UTA speaker says inflation could dominate 2025 economy
History often repeats itself. Thomas Landstreet hopes that’s not the case for the U.S. economy in 2025, but when he looks at the economic data from the past and compares it to what we’re seeing today, he says there’s too many similarities to ignore.
November 14, 2024
Used trucks
Number of used daycabs in the market passes sleepers for first time
Truck values continue to decline, impacting both asking and auction prices.
November 8, 2024
Economic trends
Class 8 orders slip, CDL downgrades bring demand shift
Class 8 orders indicate cautious fleet planning as truckload capacity faces potential challenges from regulatory CDL downgrades.
November 7, 2024
Indicators
Market conditions improved for carriers in August: FTR
FTR's Trucking Conditions Index was closer to neutral, though still negative, in August. Also: Schneider enhances owner-operator load board platform; fleet owner sentenced in Salt Lake City FedEx Ground bribery scheme.
October 25, 2024
Indicators
Truck tonnage fell in September after recent increases
Despite the dip in tonnage hauled, ATA reported that tonnage is still up from January's low. Also: Fleet's split-sleeper waiver request reopened for comments; I-11 sign replacement begins in Nevada; Big fines for trucks in Tennessee national park.
October 23, 2024
Economic trends
Trailer orders in September plummet to lowest monthly output since 2016
High trailer inventories at dealerships, lower fleet spending on trailers, and shrinking backlogs will likely continue to pressure on trailer build rates for the rest of 2024.
October 21, 2024
Economic trends
Hurricane impact on rates temporary until the holiday shipping surge
Despite the effects of a hurricane, spot freight rates remain lower than the same period last year, indicating a weaker freight environment.
October 21, 2024
Economic trends
Class 8 market still impacted with overcapacity; used truck sales beat expectations
As overcapacity dampens demand for Class 8 market, used-truck retail sales volumes in September saw an 11% month-over-month increase.
October 16, 2024
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