ECONOMIC TRUCKING TRENDS: Private fleets continue to add capacity, insource

Frustrated by the length of the current for-hire freight market downturn? Blame private fleets! They continue add capacity and pull more freight within their own networks, according to ACT Research.

ECONOMIC TRUCKING TRENDS: Slow recovery continues, but trailer orders remain weak

The latest economic reports show a continued slow recovery in freight conditions, with U.S. for-hire truck tonnage edging up slightly in July. The news isn’t as promising for trailer makers,…

ECONOMIC TRUCKING TRENDS: Canada’s spot market posts strong July

We get mixed signals from this week’s economic reports. Trucking conditions softened slightly in June, according to FTR, due to high financing costs and a slower retreat in diesel prices.

CN Rail, CPKC begin halting shipments of certain goods as strike threat looms

The country’s two main railways have started to halt shipments ahead of a potential strike or lockout next week, the first step toward a possible shutdown as the bargaining deadline…

ECONOMIC TRUCKING TRENDS: Class 8 orders, spot rates both slide

Class 8 orders were down month over month and year over year in July, but industry analysts FTR and ACT Research said it’s no big surprise as July is a…

Collaboration, digital tools will help industry overcome challenges: Trimble report

Enhanced collaboration via transportation management platforms, real-time freight visibility to guard against freight fraud, and digital tools to speed up and streamline processes will help the transportation industry overcome obstacles…

ECONOMIC TRUCKING TRENDS: Brokers see improvement around the bend, spot rates soften

It was a light week for economic trucking news, but a new survey from Truckstop and Bloomberg Intelligence suggests brokers are feeling better about the market and feel improvements are…

ECONOMIC TRUCKING TRENDS: Freight volumes weaken but balance returning to market

The latest trucking economic data paints a mixed picture that reflects softening freight volumes, but an improving alignment in supply and demand. Shippers saw conditions improve but FTR warns the…

ECONOMIC TRUCKING TRENDS: Trailer orders weaken, but trucking conditions improving

The trucking market continues to improve, with the Trucking Conditions Index returning to positive territory and Motive declaring an approaching end to the persistent freight recession. But improving conditions aren’t…

ECONOMIC TRUCKING TRENDS: Spot market continues to improve, trailer orders dive

Trailer orders dove in May, suggesting fleets are choosing to direct their limited capex budgets to power units ahead of EPA27 emission standards that will add about US$20,000 to the…

ECONOMIC TRUCKING TRENDS: Trucking conditions continue to improve; spot market steady

“Better days are in sight for trucking companies.” Words fleets are eager to hear, coming this week from FTR’s vice-president of trucking, Avery Vise. But the recovery is coming slowly…

ECONOMIC TRUCKING TRENDS: Class 8 orders spike, spot market rates ‘stable’

May was a strong month for Class 8 truck orders. Does it signal improving freight conditions or the beginning of a pre-buy ahead of costly EPA27 emissions regulations? And the…

ECONOMIC TRUCKING TRENDS: Competition from private fleets easing

Private fleets have thus far been driving Class 8 truck orders and have been taking more freight in-house to avoid supply chain disruptions they experienced after the pandemic. However, competition…

ECONOMIC TRUCKING TRENDS: Truck tonnage dips, and Roadcheck rate bump underwhelms

This week we learned that for-hire truck tonnage in the U.S. suffered another decline in April, and that spot market rates got a smaller bump than usual for a Roadcheck…

ECONOMIC TRUCKING TRENDS: Freight recession to end in September, Motive predicts

Preliminary trailer order numbers for April show a sluggish market, and buyers are likely to prioritize buying tractors when cash allows. This, to get ahead of costly EPA27 emissions standards.