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Section: Economic trends
Economic trends
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
Economic trends
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
Economic trends
Get ready for a historic boom in the freight industry: Top economist
Semiconductor shortage? Runaway inflation? Driver shortage? Supply chain nightmares? All these issues are simply growing pains of an economy readying for a historic boom, Donald Broughton told CCJ.
December 13, 2021
Business
CCJ MarketPulse: Optimism about trucking business conditions abounds
The CCJ MarketPulse Report contained a survey with over 200 trucking company executives where nearly 80% expressed optimism regarding trucking business forecast
July 31, 2017
Business
California port backlog an 'emergency' requiring the national guard?
President Joe Biden floated the possibility of using National Guard troops to move freight as a group of California businesses demand temporary deregulation to address the massive port backlog.
October 26, 2021
Business
CCJ MarketPulse: Fleets optimistic about 2017
MarketPulse survey respondents are bullish about business conditions over the next six months, with 56.5 percent expecting business conditions to improve.
January 9, 2017
Business
Diesel prices jump back above $3 mark
Diesel fuel prices climbed back above the $3 per gallon mark during the week of March 26 with a 3.8-cent hike, according to the Department of Energy’s weekly report.
March 26, 2018
Business
Diesel prices tick up above $3 per gallon
For the first time in three years, the national average price for a gallon of diesel fuel topped $3 this month. Read more on this at Commercial Carrier Journal.
January 22, 2018
Business
U.S. diesel price rises above $2 again
Prices increased in all regions except New England, where prices dropped by seven-tenths of a cent. The most significant increase came in the Rocky Mountain region and the Midwest region, where prices increased by 4.6 cents in each.
March 7, 2016
Business
Diesel continues downfall with 5.5-cent drop
Another significant drop in the price of a gallon of on-highway diesel has brought prices down below the $2.70 mark for the first time in nearly six years, according to the Department of Energy’s weekly report.
August 3, 2015
Business
FTR ‘optimistic’ about truck orders after paltry 2019
“We were abnormally high, and now we’re abnormally low,” said Don Ake, vice president of commercial vehicles for FTR, speaking at the 2019 FTR Transportation Conference on Wednesday. But averaging the two years together, order numbers are still above the seven-year average, he says. “It’s not a crash. [It’s] trying to recover to some sort of normal level.”
September 12, 2019
Economic trends
Trailer orders exceed build rates by about 3,000 per month
OEMs have been carefully managing trailer order intake but inbound orders still outpace the number of finished trailers.
March 14, 2022
Business
Indicators: Driver turnover at large fleets surges above 100%
2015’s fourth quarter was the second straight in which turnover at large fleets was at 100-plus, the first time since 2012.
April 25, 2016
Economic trends
Tesla's Musk says Semi passes 500-mile, 81K test
With just days until initial deliveries begin, Tesla CEO Elon Musk says the electric Semi can do 500 miles at 81,000 pounds. Also: Averitt Express expands; ACT Research believes the rate bottoming process is underway; ATRI seeks input on predatory towing.
November 29, 2022
Business
The path to visibility: carriers able to share instant tracking, pricing info
New technologies are ironing out the wrinkles that have always been part of freight transactions.
June 20, 2016
Business
Diesel price average picks up a half-penny, still above $4
March diesel price swings continue to come in more lamb than lion: The national average diesel price climbed slightly, up a half-cent to $4.021 in the week ended March 10, according to the Department of Energy’s Energy Information Administration.
March 10, 2014
Business
Truck orders skyrocketed in January, reaching nearly 50k in a single month
According to ACT Research, Class 5-8 net orders show the trucking industry booked over 80,000 units in the month of January. Get more info right here on CCJ!
February 5, 2018
Business
Trucking employment up 8,400 jobs in November, unemployment rate dips to 5-year low
A total of 8,400 payroll jobs were added to the for-hire trucking industry’s payroll in November — the first real jump since the spring of this year, coming on the heels of about six months of stagnant or no growth in the industry’s employment. Moreover, October’s preliminary employment numbers were upwardly revised to 2,400 jobs added.
December 6, 2013
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