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The analysts at load posting giant DAT Services are predicting that the number of loads available will pick up over the next few months, even going so far as to say we're at the bottom of the economic downturn
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Two key economic reports issued yesterday both signaled that the U.S. economy is on the way back. The National Association of Purchasing Managers reported a rise in manufacturing in March, and the Census Bureau reported a strong rise in construction spending in February
Read More →The barometers that trucking sometimes turns to in order to gauge the future health of the industry are mixed. As recently as yesterday, several figures were released which, while they weren’t cause for celebration, weren’t cause for alarm, either
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The single most important factor that brought down the trucking industry’s fortunes was energy cost, and those fortunes won’t change until fuel prices decline, says Freightliner CEO Jim Hebe
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The trucking industry will expand to meet an enormous increase in demand over the next two decades. Internet-based technologies will provide new efficiencies, of course, but first we have a genuine recession to deal with
Read More →The Fed has spoken. Tuesday, the Federal Reserve cut short-term interest rates for the third time this year
Read More →Trucking companies won't be surprised by a business consultant's survey that trucking is perceived as one of the hardest-hit businesses by the economic slowdown. But they may not think about what they need to do to
Read More →Lower inventories are the key to a growth in freight volume later this year. In spite of headlines about layoffs, lower profits and plunging stock prices, there are very clear signs that the economy is now on the upswin
Read More →Truck makers may be in a slump, but more tires than ever rolled off assembly lines and onto highways last year
Read More →Although available loads continued to tighten beyond the normal seasonal trend in January and February, they have started to pick up
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