Improvements in industrial production and housing may help drive a truck freight recovery, but spikes in COVID-19 cases in many parts of the country and questions about what Congress may or may not do leave a lot of uncertainty in the forecast, according to analysts at FTR.
July 9, 2020
Truck fleets seem cautiously optimistic about freight and business levels in the coming months as the economy continues to work to recover from COVID-19 shutdowns, according to an HDT survey – and they see some positive long-term takeaways from the pandemic.
July 6, 2020
The global shutdowns caused by the COVID-19 pandemic continue to wreak havoc in economic forecasting.
July 6, 2020
Less-than-truckload company YRC announced it is getting a $700 million loan under the CARES Act – while the U.S. Treasury gets a 29.6% equity stake in the company.
July 1, 2020
Originally planned to take place September 27-29, in Washington, D.C., McLeod Software has decided, in light of the current COVID-19 environment, to create a fully virtual user conference instead.
July 1, 2020
Trimble has opened registration for its 2020 in.sight user conference and expo, which will now be held as a virtual event Aug. 24-26.
June 26, 2020
After a record-setting year in 2018, where tight capacity led to rate increases for carriers, 2019 was back to a more normal year in freight and logistics, and the industry was poised for a solid 2020—and then the pandemic hit. What this means for logistics and transportation professionals is highlighted in the 31st annual State of Logistics Report from the Council of Supply Chain Management Professionals.
June 24, 2020
The American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index only decreased 1% in May to 106.1 after falling 10.3% in April to 107.2.
June 23, 2020
Pandemic lockdowns are easing and freight levels are increasing, but the COVID-19 virus is still out there, and it may take a while for the economy to recover. What does the future hold for our country’s economy and the trucking industry?
June 18, 2020
Driving data collated by Samsara shows that while long haul transportation and food and beverage sectors have essentially reached pre-COVID-19 commercial driving activity, other industries, like transit, education, and oil and gas are far from recovery.
June 17, 2020
The COVID-19 pandemic continues to affect all aspects of the industry, and while one conference is going virtual, another has decided to move forward with an in-person meeting.
June 12, 2020