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Newsby StaffDecember 26, 2019

November Tonnage Report 'Tough to Sugar-Coat'

The American Trucking Associations’ numbers tracking tonnage hauled by for-hire trucking companies fell again in November, leading ATA Chief Economist Bob Costello to say, “It’s tough to sugar-coat November’s reading.”

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ArticlesDecember 23, 2019

New Year to Bring Challenges for Trucking Industry

The new year will be a tough one for the trucking industry, according to Steve Tam, vice president of research for ACT Research.

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Newsby StaffDecember 23, 2019

Used Truck Sales Return to Downward Track

ACT Research said North American used truck sales volumes fell 35% in November.

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Newsby StaffDecember 19, 2019

ACT Research: A Strong 2019 Will Mean Weaker Truck Markets Next Year

Although a recession is unlikely next year, ACT Research said uncertainty regarding the economy in the latter half of 2019 will detrimentally affect medium- and heavy-duty truck markets next year.

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Newsby Jack RobertsDecember 17, 2019

Volvo Announces Layoffs at New River Valley Assembly Plant

Due to weakened orders for heavy duty trucks in North America, Volvo has announced it will lay off 700 workers beginning in January of next year.

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Newsby StaffDecember 16, 2019

Trailer Orders Fall in November

FTR and ACT Research report that preliminary trailer orders fell significantly in November as fleets become more cautious about freight conditions in 2020.

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Newsby StaffDecember 13, 2019

YRC Hit by Industrial Slowdown, Makes Leadership Changes

The industrial slowdown has hit less-than-truckload giant YRC Worldwide, which reported tonnage is down significantly compared to a year ago, as it announced changes to its CFO and board of directors.

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Newsby Deborah LockridgeDecember 13, 2019

FTR: 2019 Freight Market 'Steadier' Than it May Seem

While it’s been a challenging year for the trucking industry in some ways, comparisons to the runaway market of 2017-2018 may make it seem worse than it is. In their monthly State of Freight webinar Dec. 12, the transportation intelligence analysts at FTR discussed the top trends affecting freight volumes and rates.

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Newsby David CullenNovember 26, 2019

Cummins to Trim Workforce in Line with Market Demand

Engine maker Cummins Inc. is planning to lay off about 2,000 workers due to the downturn in the market.

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Newsby StaffNovember 18, 2019

FTR: Freight Environment is Weak, But Unlikely to Get Worse in the Near Future

FTR’s Trucking Conditions Index slipped into negative territory again for September when it hit its lowest point since May, reflecting a relatively weak environment for carriers.

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