Equipment Trailer orders rise in March, 2021 order boards nearly full April 14, 2021 U.S. trailer orders rose 6.4% in March to 27,400 units, according to preliminary data from FTR. The industry analyst says a few large dry van fleets increased 2021 orders, while…
Business Management Business environment for heavy-duty trucks has never been better: ACT April 12, 2021 ACT Research reports the business environment for heavy-duty trucks “is about as good as any we have seen in 35 years of monitoring heavy-duty market conditions.” The list of things…
Business Management Winter weather pushed down February freight tonnage: ATA March 23, 2021 U.S. for-hire truck tonnage fell 4.5% in February, and was down 5.9% year-over-year, according to the latest data from the American Trucking Associations (ATA). “February’s drop was exacerbated, perhaps completely…
Business Management Stars aligning for higher freight rates March 12, 2021 Port backups, rising commodity prices, more government stimulus in the U.S., and new truck backlogs are combining to create a positive rate environment for truckers. ACT Research reported in its…
Equipment Work truck market experienced pandemic-related decline March 10, 2021 Straight truck sales in Canada fell 26% in 2020, while Classes 7/8 tractor sales dropped 29.5%, according to data from the NTEA presented during the virtual Work Truck Show. Commercial…
Business Management Trucking conditions close to the ‘best ever’: FTR March 8, 2021 FTR’s Trucking Conditions Index (TCI) surged to a 10.37 reading in January, reflecting stronger freight rates and volumes that more than offset higher fuel costs. The index was up from…
Business Management Carriers could achieve record profits this year: ACT Research March 5, 2021 Carrier profitability in the U.S. is expected to reach record levels this year, as the freight-generating sectors of the economy are the strongest, according to the Commercial Vehicle Dealer Digest…
Business Management Business optimism returning in Canada February 25, 2021 Business sentiment is improving and the prospects for trucking are positive, according to new economic reports from The Conference Board of Canada and BMO. “Freight demand is up, with understandable…
Business Management Truck tonnage gets 1.4% bump in January February 23, 2021 U.S. for-hire truck tonnage rose 1.4% in January, according to the latest data from the American Trucking Associations (ATA). “Over the last four months, the tonnage index has increased a…
Equipment Trailer order strength carries over to 2021 February 11, 2021 Net trailer orders for January were up 94% year-over-year at 29,100 units, according to preliminary data from ACT Research. They were down 33% from December 2020 bookings. “The year-over-year gain,…
Equipment Truck OEMs struggling to keep up with orders February 3, 2021 Fleets continued to place large orders in January, while OEMs struggle to keep up with demand due to material shortages. FTR reported preliminary orders of 42,800 units in January, up…
Business Management Truck tonnage spikes in December, but down overall on the year January 19, 2021 For-hire truck tonnage was down 3.3% in 2020, but ended the year on a high note with a 7.4% jump in December, according to the American Trucking Associations For-Hire Truck…
Business Management Continued capacity tightness, higher rates expected in ’21 January 14, 2021 It’s a tale of two economies in 2021. The good news for trucking is that the goods economy will outpace the overall economy, and with no quick end to capacity…
Equipment Trailer market finishes 2020 on strong note January 13, 2021 Despite the Covid-19 pandemic, 2020 net trailer orders finished the year 40% stronger than in 2019, according to industry analyst ACT Research. U.S. trailer manufacturers took 42,500 net orders in…
Business Management 5 reasons why 2021 will be better December 31, 2020 Congratulations. You’ve made it through one of the most unpredictable, volatile, chaotic years in the history of trucking. Or as some economists like to refer to it, a “dynamic” year.
