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Economic Forecast

Costello: What it Will Take to Get Freight Back in Balance

If the pandemic-triggered boom times were the party, what we’ve been experiencing for the past year is the hangover, said Bob Costello, American Trucking Associations chief economist, in a session at ATA’s management conference in Austin this week.

4 Trends Trucking Can Expect in 2021

“2021 will be a story of contending tailwinds and headwinds,” says U.S. Xpress in a blog post about its 2021 Economic Forecast. See what key trends the truckload carrier's analysts expect this year.

How COVID is Still Affecting the Supply Chain and Where We Go From Here

With a severe driver shortage and a supply chain still in chaos from pandemic-induced shifts in consumer behavior, one industry observer is warning of likely hoarding as we get into the holidays. Longer term, vaccine distribution is “THE driver” for broader economy recovery and the post-2021 outlook.

Economic Growth Steady, But Recovery's Not a 'V'

Although the economic recovery from the COVID-19 shutdown is definitely not a “V” shape, it’s growing steadily – but don’t expect to be back where we were until mid-2022, said Jeffrey Rosensweig of Emory University.

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