Economic trends: Page 4

Possible rail strike could be 'polar vortex-level shock to the freight market'
A looming railroad strike could have a historically significant impact on the U.S. economy and will influence every on-highway transport mode to some degree.
September 12, 2022
white semi-truck and train
Impossible task: ATA says 460,000 trucks needed to offset effect of potential rail strike
The trucking industry is freight rail’s largest customer and delivers the last mile of virtually every product transported by rail.
September 9, 2022
Truck passing over a train
Despite widespread economic headwinds, truck orders persevere
Order intake suggests demand still strong, but production challenges barely chipping away at backlog.
September 7, 2022
Mack truck assembly line
Investing in a SaaS-based TMS could reduce costs long term
TMS providers urge carriers to invest in SaaS-based model, which they say can help save money amid the squeeze of mounting financial pressures created by inflation and a softening freight market.
September 6, 2022
Trucks and cars on the Interstate
Truck tonnage down in July after June increase
ATA's Truck Tonnage Index fell 1.1% in July after rising by 0.5% in June. Also: Universal Logistics Holdings subsidiary joins Teamsters; Electric yard tractor manufacturer Orange EV has expanded its yard truck rental program.
August 25, 2022
ATA Truck Tonnage Index July 2022
Trucking conditions negative for second straight month
FTR's Trucking Conditions Index fell from -0.3 in May to -3.36 in June. Also: Ascend names new President of Distribution and Dedicated; Kenworth T680s recalled over fuel tank issue; medium-duty Macks recalled; Hub Group acquires TAGG Logistics.
August 23, 2022
June 2022 Trucking Conditions Index
Trailer orders dip, but production improving
Overall demand for new equipment remains exceptional and is expected to remain strong as carriers are still in need of new equipment to supplement their replacement cycles.
August 17, 2022
trucks at a warehouse
Shippers Conditions fell in May due to higher diesel, tighter capacity
The outlook for FTR's Shippers Conditions Index is for little change, as utilization and rates are expected to remain mildly unfavorable for shippers. Also: Nominate a driver for Pilot's Road Warrior award.
July 28, 2022
Truck at dock
Freight volumes, rates dipped in June
ACT Research's For-Hire Trucking Index for June showed an increase in trucking capacity and a decrease in freight volumes and rates. Also: Yellow opens a new Driving Academy in Detroit; Amazon begins rolling out custom electric Rivian delivery vehicles.
July 25, 2022
ACT Research For-Hire Trucking Index freight rates June 2022
Trailer orders skyrocket as backlog pushes into early 2023
OEMs are holding onto 'an enormous amount' of fleet commitments for 2023, but unstable commodity costs and other variables make quoting prices difficult.
July 24, 2022
semi trailer with doors open
Trucking authority revocations paint seemingly bleak but misleading picture
Expert says contract pricing is more than 50 cents per mile above the previous 2018 record high, "and poised to go higher."
July 21, 2022
net revocations of trucking authority
Trucking conditions fell back negative in May
Then-record diesel prices offset a freight market that was slightly stronger in May than in April, FTR reports. Also: FMCSA hosting info session on under-21 pilot program; former Daimler CEO joins AI Fleet's Board of Directors; more.
July 21, 2022
FTR's Trucking Conditions Index May 2022
ATA reports truck tonnage up 8% year-over-year
ATA's advanced seasonally adjusted For-Hire Truck Tonnage Index increased 2.7% in June after rising 0.3% in May. Also: TuSimple partners with Hegelmann in autonomous network development; U.S. Xpress sees benefits in DClimate APU partnership.
July 20, 2022
Reefer trailers at dock
ATA calls on Congress to address inflation | Truckers protest AB 5 at Calif. ports
ATA Chairman Harold Sumerford Jr. urged members of the House to address areas of inflationary pressure on the trucking industry. Also: California-based owner-operators are protesting AB 5 at the state's ports; Cummins names new president, CEO; more.
July 15, 2022
Semi getting fuel
Inflation surges to new high, small fleet per-mile profits turning negative
Inflation reaches record levels, again, and the operating profit among small fleets has slid as much as 66 cents per mile.
July 13, 2022
woman opening her wallet
Truck orders 'quite solid' despite ongoing assembly challenges
Class 8 orders have totaled 260,000 units over the last 12 months.
July 6, 2022
Mack assembly line
Report: Trucking costs soaring
Truckload carriers shouldered a 10.2% jump in cost, according to the report, while LTL carriers were hit for an extra 13.2%.
June 21, 2022
Shipping containers under the highway
Trailer orders flat under warnings of potential recession, driver surplus
The current inflation-driven economic slowdown is somewhat unique given healthy consumer and business balance sheets, strong employment demand and pent-up manufacturing sector activity.
June 14, 2022
driver hooking up gladhands
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Top Stories
Women in Trucking member Angelika Mangino is the group's Member of the Month for April. Though more women are entering the filed, a WIT survey showed that safety remains a top concern among female drivers.
Recruiting & retention
Female trucker surveys divide proponents on pay and cab design
Industry leaders agree on safety and respect as top issues among surveyed female truck drivers but disagree on pay and cab design.
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Mergers & Acquisitions
Pilot Company names new executives as part of Berkshire Hathaway ownership
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Technology
How technology is working to prevent your yard from becoming a trucking graveyard
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Safety
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