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Economic trends: Page 8
Economic trends
Trailer net orders in August marked fifth-lowest in the past four years
The ‘pause button’ on demand will likely stay in place for the rest of 2024, with concerns extending to 2025 as well.
September 23, 2024
Economic trends
Owner-ops see mixed income gains with costs down, but wait for 'kickstart' on rates
Taking its midyear look at the last 12-month period, ATBS showed owner-operator income on average has been flat, though independents and leased flatbeds/reefers all posted modest gains.
September 20, 2024
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January 4, 2026
Business
Stagnant freight conditions push fleets to optimize operations
As freight market shows little change, fleets focus on cost efficiency.
September 16, 2024
Business
Weak truck orders could get a boost ahead of '27 emissions regulations
OEMs have maintained truck production at a high level.
September 13, 2024
Economic trends
How turnout will define the 2024 Presidential election
It’s election season and NAW's Chief Government Relations Officer Brian Wild shared what he's expecting in the final weeks ahead of Election Day Wednesday at the CVSN Summit in Las Vegas.
September 11, 2024
Economic trends
Truck market remains weaker than 2023, but increased last month
Fleets continue to invest in new equipment, though at a more modest rate.
September 6, 2024
Economic trends
Carriers should prepare for a potential market turn in 2025, analysts say
A continuation of relatively poor trucking conditions and a subdued spot market should lead to a continuation of driver exits and increased vulnerability to disruption as 2025 progresses.
August 28, 2024
Economic trends
Despite 26% monthly gain, July’s trailer orders were fourth lowest in four years
The challenging truck freight environment continues to subdue trailer demand, according to analysts.
August 26, 2024
Indicators
Truck tonnage saw slight gains in July
ATA reported a 0.3% increase in its seasonally-adjusted For-Hire Truck Tonnage Index from June to July, which was 0.9% lower than July 2023. Also: ATA names new executive director of its Moving & Storage Conference.
August 21, 2024
Indicators
FTR: Trucking conditions still positive in June
While still positive, conditions declined from May due to higher financing costs and a slowing of diesel price decreases. Also: RK Logistics acquires Arizona-based company; foodservice fleet PFG announces acquisition of Cheney Bros.
August 15, 2024
Economic trends
Stronger freight demand may be around the corner, broker survey says
Consumer spending and interest rates could be the strongest factors to influence market conditions in the coming months.
August 7, 2024
Economic trends
Truck orders decline for second consecutive month, sit just below replacement levels
Year-to-date order levels are just below historical averages and seasonal expectations, with market fundamentals staying relatively stable.
August 5, 2024
Economic trends
M&A midyear outlook: Deals on the horizon vary with risk appetite
Analysts say freight rates, interest rates and the upcoming election could significantly impact M&A activity.
July 31, 2024
Business
How to sell a trucking company: Maximizing buyer interest requires reducing perceived risk, analysts say
Besides ensuring your financial books are in order, it’s important to build trust between buyer and seller.
July 17, 2024
Business
How to buy a trucking company: buyer's strategy makes the difference
Having a buyer’s strategy is critical to enter the market.
July 25, 2024
Economic trends
Trailer orders plummet, but truck pre-buy taking shape
Trailer orders are falling but Class 8 tractor backlogs are thinning and retail sales remain above replacement, "the definition of a prebuy to a tee."
July 22, 2024
Indicators
Trucking conditions turned positive in May
Lower fuel prices and a less negative freight environment helped carriers in May, but FTR cautions it may be an outlier until later in the year. Also: FMCSA denies hours of service waiver request from specialized fleet.
July 19, 2024
Economic trends
FTR sees stable trucking capacity with slow, steady market recovery
"We are unlikely to go lower in terms of volume or rates. We're solid, but not showing any particular strength."
July 11, 2024
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