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Economic trends: Page 7

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
ATA Truck Tonnage Index October 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
Tom Landstreet with Trusco Investment Management
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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
semi trucks parked in a line
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
October Class 8 orders
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
truck and trailers backed to dock doors
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
truck backed to dock
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
September Trailer Orders
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
FTR webinar
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
Class 8 market
Economic trends
ATA economist on trucking: It's getting a little bit better
There are glimmers of hope for a trucking rebound in 2025, although it could be an unsatisfying change of fortune.
October 14, 2024
Bob Costello
Economic trends
The economy is again trucking's top concern, driver shortage continues to fall
While the driver shortage persists as a significant challenge in the trucking industry, the recent economic downturn has emerged as a more pressing concern for many businesses.
October 12, 2024
Semi trucks in traffic
Indicators
Helene cleanup led to higher demand for flatbed capacity, DAT reports
Spot loads surge from Helene cleanup and brief ports’ strike, with Hurricane Milton to follow similar pattern.
October 9, 2024
Spot Market Surge
CCJ Top 250
2024 CCJ Top 250: Revenue reckoning
Revenues for the nation's largest for-hire carriers shrink across nearly all market segments, while equipment counts and driver numbers remain relatively flat.
October 9, 2024
money going down a drain
Technology
Experts say technology is vital as trade with Mexico grows
Report shows nearshoring is an emerging trend that U.S. carriers think will have the greatest impact on freight transportation over the next three years, and experts say technology will play a key role in the Mexico-U.S. cross-border process.
October 8, 2024
Trucks at border
Economic trends
Class 8 net orders jumped above trend in September, signifying balanced order number
The order number indicates an initial healthy level of demand for new trucks in 2025.
October 7, 2024
September Class 8 orders
Business
Affected carriers turn to contingency plans as port strike ensues
As port strike ensues, carriers focus on flexibility, customer communication and driver retention.
October 1, 2024
Port Strike Carrier Impacts
Business
Port strike creates 'opportunities' for spot market carriers
Members of the International Longshoremen’s Association (ILA) went on strike just after midnight Tuesday.
October 1, 2024
containers at the Port of New Jersey
Freight demand
Truck tonnage hit 18-month high in August
ATA's Truck Tonnage Index showed an increase for the second month in a row in August. Also: Volvo delivers 70 VNR Electric trucks under grant program; Southeastern Freight Lines expands in Southwest; brokerage announces acquisition.
September 25, 2024
ATA Truck Tonnage Index August 2024
Previous Page
Page 7 of 79
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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
4 Tips for Improving Fleet Cybersecurity
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CCJ Top 250
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