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American Trucking Associations’ seasonally adjusted For-Hire Truck Tonnage Index showed that tonnage was down compared to the month before, but the decrease was less than expected.
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While the turnover rate at large fleets sank to a two-year low, turnover at small carriers jumped a bit, according to American Trucking Associations' latest numbers.
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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.
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The $450 million rights offering will allow Roadrunner Transportation to pay down debts and expenses and refocus the company after a tumultuous 2018.
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The freight market is still tight in 2019, despite changing conditions over the course of 2018 that originally drove it forward. Noël Perry, chief economist at Truckstop.com, thinks that the current data points to three possible outcomes.
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ATA's seasonally adjusted For-Hire Truck Tonnage Index rebounded from small drop in December, increasing 2.3% for the month of January.
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LTL carrier New England Motor Freight and its subsidiaries have voluntarily filed for Chapter 11 bankruptcy in New Jersey, intending to facilitate an orderly wind down of its operations.
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With our 2019 economics and truck volume forecast in place, where should that take us in terms of earnings, and where are we in the course of the earnings cycle for truckers? Commentary from the February issue of Heavy Duty Trucking magazine.
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Bill Strauss, senior economist and economic advisor at Federal Reserve Bank of Chicago, told aftermarket suppliers that the U.S. economy is likely to keep expanding the next couple of years, albeit at a more-typical pace.
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This year should be challenging when it comes to truckable economic activity, according to economist Bob Dieli, speaking at the Heavy Duty Aftermarket Dialogue in Las Vegas on Jan. 28.
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