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After the ups and downs of the Covid-19 pandemic and its aftermath, economic and industry numbers indicate that the industry is slowly getting “back to normal,” Bob Costello, American Trucking Associations chief economist, told attendees at ATA’s management conference in Nashville.
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Volvo's Magnus Koeck doesn't think the global truck OEM could have timed the launch of its new VNL tractor any better.
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The overall economy is performing better than many people think, but overcapacity in the trucking industry is still keeping freight rates from rising, according to FTR transportation analysts. Find out why they think we'll start seeing a slow improvement.
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A record Class 8 prebuy is likely ahead of the 2027 greenhouse gas emissions regulations, said Magnus Koeck, vice president of strategy, branding and marketing for Volvo Trucks North America.
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The American Trucking Associations expects truck tonnage will grow from 11.3 billion tons this year to 12.2 billion tons by 2034.
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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.
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FTR looks at key economic and trucking industry indicators and offers an outlook for freight transportation in 2023.
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Mack’s Jonathan Randall says the foreseeable future looks bright for truck makers, despite some less-than-optimistic economic indicators.
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Economic growth and freight rates are expected to remain solid well into 2022, according to transportation analysis firm FTR, but the struggle to find drivers is expected to continue to plague the industry.
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“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.
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