Economic Trucking Trends: Shippers pinched by fuel costs, vocational orders driving truck market

It’s another mixed picture for the trucking industry this week. We see shippers suffering alongside their trucking providers thanks to rising fuel costs — and facing the added challenge of…

Economic Trucking Trends: Lots to digest in busy week for economic news in trucking

It’s been a busy week on the economic front, with mixed signals for the trucking industry. We saw signs that for-hire tonnage has bottomed out, fleets are being disciplined in…

Slow and steady recovery in store for truckers: FTR

It’s a mixed picture for the trucking market, with no immediate end to a soft rate environment in the near-term but gradually improving conditions. That was the message from Avery…

Economic Trucking Trends: Continued weakness ahead, but spot market rates continue to improve

Speakers at an industry outlook conference cautioned that trucking conditions are likely to remain challenging into next year, but there are signs U.S. spot market rates are gaining some strength.

Economic Trucking Trends: Fuel prices pinching shippers and truckers, flatdeck continues to weigh on rate recovery

There are no winners in transportation when fuel prices rise, as evidenced by recent readings from both FTR’s Trucking Conditions Index and Shippers Conditions Index. Both trucking conditions, reported last…

Trucker Path integrates MercuryGate load postings

Trucker Path is offering brokers using MercuryGate software the opportunity to post loads directly to the app, increasing their exposure to truckers. “With a direct digital…

Economic Trucking Trends: Freight headwinds, worsening trucking conditions, and another supply chain disruption

It continues to be a tough go for trucking companies, according to industry indices, and now there’s another supply chain disruption that threatens to impact the ability of retailers to…

Economic Trucking Trends: Spot market carriers reach ‘critical point’ as exits extend to larger fleets

There’s lots to digest in this week’s trucking economic report. Motive says that industry exits in the U.S. are now reaching into the realms of larger-sized fleets, affecting operations with…

Economic Trucking Trends: Class 8 orders hold up, shipper conditions improve

Class 8 truck OEMs have yet to fully open 2024 orderboards, and strong production levels continue to eat away at the backlog. Shippers are still in the driver’s seat and…

Economic Trucking Trends: A ‘meh’ week for trucking economic indicators

Economic news affecting the trucking industry was mostly unexciting in the most recent week, but ACT Research is sounding alarms for those in the trailer industry. Higher cancellations and a…

Economic Trucking Trends: Freight recession lingers, but economic growth to improve

It was a busy week for trucking-related economic data, which painted a mixed picture. Canadian spot market volumes were steady, but spot market rates in the U.S. remained weak –…

Economic Trucking Trends: U.S. holiday brings positive signs for freight, equipment demand

The U.S. Independence Day holiday has come and gone, and with it came some encouraging signs on several fronts concerning freight and equipment. Trucking added jobs while there continues to…

Economic Trucking Trends: Latest data sends mixed signals on industry health

This week’s trucking-related economic data painted a convoluted picture for the industry. For-hire truck tonnage took a healthy jump, but remained in freight recession territory. Overall trucking conditions improved, but…

Economic Trucking Trends: 3PLs report freight declines are leveling off

The Transportation Intermediaries Association (TIA), representing 3PLs, has produced a report that predicts continued tough conditions through this year but offers reason for optimism in 2024. TIA’s 3PL Market Report…

Economic Trucking Trends: U.S. debt ceiling default aside, trucking has its own worries

As U.S. lawmakers scrambled to reach an eleventh hour deal to resolve the debt ceiling crisis – a failure to do so potentially causing broad economic repercussions – the trucking…