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ACT’s most recent For-Hire Trucking Index shows a tight trucking market, with continuing increases in volume and rates, but with driver availability worsening.
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Trailer order saw another big leap in September, with net trailer orders increasing 82% over August with 51,208 units.
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While the American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index increased in September, it saw a dip compared to September 2019.
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The North American Council for Freight Efficiency has revised its Confidence Reports on low-rolling-resistance tires to reflect industry developments since they were published in 2015.
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According to preliminary reports from FTR, September’s U.S. net trailer orders hit a third-highest-month-ever record at 52,000 units, 23,500 units above August and 33,400 more than September 2019.
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According to the American Truck Business Services’ (ATBS) Mid-Year Independent Contractor Benchmarks and Trends Report, while some aspects of trucking, such as mpg, have improved since June 2019, revenue has seen an overall drop in the past year.
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According to FTR’s Trucking Conditions Index for August, carriers saw a positive rate environment with reading of 8.31.
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According to DAT Solutions, the average spot van rates set a record high in September, up 6 cents from the previous record set in June 2018.
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The U.S. Department of Transportation’s National Highway Traffic Safety Administration recently released a preview of 2019 data from the Fatality Analysis Reporting System, which included estimates for the first half of 2020.
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While the first eight months of 2020 showed used truck pricing 17% than the previous year, the recent bump from July to August saw a 7.8% increase over 2019, according to a recent report from J.D. Power.
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