Dropping rates, moderating truck prices on the way: ACT Research

All things come to an end, and this is expected to hold true for everything from high freight rates to steep truck prices in the months to come. Spot rates…

Is the economic tide turning for trucking?

Truckers have been riding an epic wave of demand. But the tide is turning. Are we in a freight recession? Are we reverting to pre-pandemic supply chain patterns? Opinions are shifting fast. No…

Diesel costs dampened trucking conditions in December

Rising diesel prices dampened trucking conditions in December, even as other measures were in the trucking industry’s favor, FTR reports. The analysts’ Trucking Conditions Index – which measures changes in…

Truck fleets report plunging loads, layoffs amid Covid-19

TORONTO, Ont. – Trucking is identified as an essential service, but Canada’s trucking industry is under immense economic pressure in the face of Covid-19 – leading to plunging revenues, layoffs,…

ECONOMIC WATCH: Trucking conditions to soften, not break in 2020: Economists

GRAPEVINE, Texas – Bob Dieli, an economist with U.S.-based MacKay and Company, identifies these as economic boom times. But good things don’t last forever. “Our leading indicator has moved…

Supply chain faces speed bumps in 2020

My favorite quote from The Irishman is when legendary Teamster boss Jimmy Hoffa, played by Al Pacino, bellows to a group of truck drivers at an organizing meeting, “If you got it, a truck brought it!” Ironically, until I watched the trucking/mob flick over the holidays, I thought that iconic saying was a trucking association tagline. The quote also speaks to the realities of being a trucker.

Truckers slightly pessimistic about 2020 trucking conditions: Survey

TORONTO, Ont. -- Members of Canada’s trucking industry appear somewhat pessimistic about the economic conditions they’ll face in 2020, according to a recent survey by Today’s Trucking.

FTR offers steady economic outlook for trucking

INDIANAPOLIS, Ind. – Spot rates are down, freight demand has slowed, and there’s been a surge in fleet bankruptcies in the U.S. Overall truckload rates are expected to be down 7% this year and down 1.3% in 2020. Avery Vise of FTR doesn't seem worried.

TFI focuses on profitable business as trucking rates slump

MONTREAL, Que. – TFI International – Canada’s largest for-hire truck fleet – remains focused on profits and cost controls as it emerges from a record-setting second quarter for 2019.

Trucking to face challenges in 2019, but it’s not necessarily bad, analyst says

LAS VEGAS, Nev. — The economic activity affecting trucking could see a challenging year, according to Bob Dieli, president and founder of RDLB — an economic research and management consulting…

Shippers prepared for tropical storm, not ‘perfect storm’

INDIANAPOLIS, Ind. – Heading into 2018, Bruce Ridley, the vice-president of Packaging Corp. of America in charge of transportation, said the company was prepared for a tropical storm — but…

Updated: ‘An excellent position to set records’: Peterbilt GM

SUNNYVALE, Calif. – Peterbilt general manager Jason Skoog is understandably bullish about the state of North America’s truck market.

U.S. freight market will continue to improve: FTR

BLOOMINGTON, IN - FTR remains confident in this year's freight market, despite a March drop in its Trucking Conditions Index (TCI) that measures freight volumes, rates, capacity, fleet bankruptcies, fuel prices and financing. Spot rates are improving, and that indicates a market-wide move to tighter capacity, the analysts add.