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The outlook for national average on-highway diesel prices is for them to be higher this year and in 2019 than they were last year and in 2016, but they should at least be fairly stable during this time, according to the latest Short Term Energy Outlook from the U.S. Energy Department.
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It’s no secret that orders for Class 8 trucks have been in decline this year, but May is projected to hit new lows, according to preliminary reports from FTR and ACT Research.
Read More →Efficiencies — both with people and equipment — was the theme of a panel discussion with HDT’s 2018 Truck Fleet Innovator honorees at the Heavy Duty Trucking Exchange conference in Scottsdale, Arizona.
Read More →In its latest For-Hire Trucking Index Report, ACT Research found downticks across each of the volume, productivity and capacity results, though freight rates have improved since August.
Read More →The American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index only decreased 1% in May to 106.1 after falling 10.3% in April to 107.2.
Read More →COVID-19 brought on the worst recession in U.S. history, but the recovery is underway and economic conditions should return to pre-COVID levels by late next year.
Read More →March’s Trucking Conditions Index (TCI) of -8.69 is just the start for industry, according to FTR, which predicts it will lead to the worst quarter on record.
Read More →Activity in the nation’s manufacturing sector continued to throttle back in April from a near two-year peak earlier in 2017, but it continues to expand. Separate reports show drops in consumer spending and construction, but analysts remain generally optimistic about the entire year.
Read More →Class 8 truck orders hit a high point for 2019 in October; however, in what is traditionally a great month for truck orders, that performance marked the weakest level since 2016, according to preliminary reports.
Read More →The political slugfest over the 34-hour restart dominated the news from Washington, D.C., in the second half of 2014, but that obscure provision of the hours of service rule is not nearly as important as other developments during the year.
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