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How bad is the driver shortage? Bad enough for Wall Street to start calling it one of the biggest potential threats to the current economic boom. With the country entering a record 107th month of continuous economic
Read More →A robust economy, trade expansion, accelerating manufacturing activity, strong consumer spending, and high levels of construction activity have kept trailer demand at relatively high levels, according to Economic Planning Associates.
Read More →The U.S.-China trade agreement on Nov. 16 clears the last major hurdle for China to join the World Trade Organization (WTO) early next year. This will open the huge Chinese market to the world economy and strengthen both the truck equipment and truck freight markets in the U.S
Read More →The current hours of service regulations work just fine for less-than-truckload carriers, and do not need to be changed, says Tim Lynch, president and CEO of the Motor Freight Carriers Assn. In fact, changing the rules could be damaging to the economy, he says
Read More →Gradually slowing spending growth is pulling freight volume down with it. The Heavy Duty Trucking freight volume index increased 1.1 points to 151.3 in the third quarter. The annual growth rate of the index slipped just under 3.5% after nearly two years in the 6-7% range
Read More →With the U.S. economy in the midst of its longest peacetime expansion, Marc Gustafson, president and CEO of Volvo Trucks North America, questioned why truck stocks have not performed better in his speech to the Heavy Duty Manufacturers Assn. Friday at the Mid-America Trucking Show in Louisville, KY, last week
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