While some have predicted a cliff-event drop in spot rates like in 2018, there is evidence that we may instead see more of a contract rate extended plateau, similar to what we saw in 2011-2012, Jeff Kauffman suggests.
Is a broad statistic that can give us a real-time second-level read on the magnitude and direction of freight trends? The answer is rail carloads.
How did publicly traded trucking fleets perform financially as the roller-coaster year of 2020 headed back uphill in the third quarter?
Most major freight indexes continued to advance last month, but the economy may not be as healthy as we would hope.
The global shutdowns caused by the COVID-19 pandemic continue to wreak havoc in economic forecasting.
For the third time this year, the economy seems to be doing better than trucking markets.
For the third time this year, the economy seems to be doing better than trucking markets. Let’s dig into third-quarter earnings reports from publicly traded fleets for more.
In early October, we received a series of weaker-than-expected consumer and industrial data. Whether or not this data proves to be an outlier because of trade concerns and the strike at General Motors remains to be seen.
The difference between last year’s high spot rates and this year’s average has dropped — but this year’s seasonal decline was less.
Bad weather, tariffs, a later than usual Easter holiday – all of it contributed to trucking company results that were worse than the overall economic trend would lead you to expect.
Growing up in the Midwest, you learn which cloud formations lead to slow and steady rain, and which often lead to more severe weather. Looking back at economic activity at the first half of 2019, we may be looking at the latter
The 3.2% first-quarter GDP figure released by the Commerce Department seems to portray a stronger volume environment than was experienced by the trucking industry, judging by first quarter fleet earnings.
The first few months of 2019 showed many inconsistencies in economic data, varying wildly from month to month. Is our economy really this inconsistent or is there another reason for the variation?
Every winter impacts the economy in some way, but this season was especially tough and could have led to a slowdown in truck freight.
Now that fleets have reported their 2018 earnings we take a dive into the results to see what it says about the current economic state of the trucking industry.