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Indicators
April net orders indicates a “year of transition," forecast affected by overcapacity
EPA’s 2027 regulations, US and Mexico presidential elections, and interest rates are factors to watch closely that could impact market activity.
May 18, 2024
Fleets’ Q1 2024 earnings reveal market keeps getting weaker
The bleak freight market continues to take its toll on carriers, with fleets noting soft rates, low volumes, overcapacity and extreme weather.
May 15, 2024
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May 2, 2024
Growth in freight market hasn’t turned a corner, FTR analysts say
While analysts aren’t seeing growth on rates and loads, they also aren’t seeing major declines.
May 10, 2024
Economic trends
Class 8 orders align with reserved expectations
With low demand, excess capacity and poor profitability for carriers and truck buyers alike, the results are in line with what was expected given the conditions.
May 9, 2024
Indicators
Truck tonnage ticked down in March
ATA's Truck Tonnage Index saw a 2% decrease from February to March, representing a 1% year-over-year decrease. Also: Senators call on NHTSA for regs on automated driving systems; Service One Transportation renews SmartWay partnership.
April 24, 2024
Economic trends
Agility, data modeling will drive fleet business and sustainability success
Heavy duty fleet executives are cautiously optimistic about the current year and how it may shape up for their organizations.
April 23, 2024
Economic trends
Order activity for trailers drop in March, says analysts
When fleets are not profitable, their capacity or willingness to invest in equipment is “muted,” ACT said.
April 22, 2024
Indicators
Supply needs to get back into balance with demand, experts say
Capacity has continued to decline at slow, steady pace, according to ACT Research.
April 9, 2024
Indicators
Class 8 truck orders dipped in March, in line with seasonal trends
Despite decline in orders, ACT and FTR analysts noted it was expected.
April 5, 2024
Economic trends
Did increasing workloads allow carriers to stay profitable?
A new Truckstop.com survey noted that more than 2,000 carriers had to work harder in 2023 to stay profitable.
April 4, 2024
Indicators
Unexpected change plays role in used truck market activity
Excess of used trucks and the bankruptcy liquidation of Yellow Corporation’s of assets hints at market shifts.
March 21, 2024
Indicators
Trucking conditions better in January, yet challenges remain
Freight rates and financing costs were less negative than December, while fuel costs were up, FTR reported. Also: International LT trucks recalled for turn signal issue; Mack accepting 2025 calendar submissions.
March 19, 2024
Economic trends
Class 8 truck orders saw gains in February, beating last year’s numbers
Despite the soft freight market, new truck orders gained in February, notably beating last year’s numbers, according to FTR and ACT Research.
March 12, 2024
Business
What order cancellations say about the freight cycle
As carriers' revenues takes a hit, companies are reevaluating where to place capital, but experts believe "the freight cycle is on the cusp of improving."
March 6, 2024
Indicators
Mexico-bound Class 8 production to rise in 2024, says ACT
ACT Research forecast shows Class 8 production and sales rise in February, reflecting industry’s ability to aggressively sell into Mexico and export markets.
February 14, 2024
Indicators
January truck orders starts off strong with fleets willing to buy
Class 8 truck orders boost in January as data indicates that over-the-road U.S. truckers are still buying.
February 6, 2024
Indicators
ATA: Truck tonnage in 2023 saw 'worst' year since 2020
ATA's Truck Tonnage Index fell 1.7% in 2023 from the previous year, the first year with an annual decline since 2020. Also: Ruan names new executive VP; Empire Freight Logistics acquired; former U.S. Xpress exec named Sheer Logistics CEO.
January 25, 2024
Economic trends
Heavy truck production rates likely to drop near-term
The convergence of continued strong build rates, a fading U.S. tractor sales trend, and early in the year sales seasonality risk a Class 8 inventory surge early this year.
January 15, 2024
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