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

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.

December 12, 2019

6 Ways Fleets Should Take Advantage of a Strong Economy

6 Ways Fleets Should Take Advantage of a Strong Economy

“Business has been really good for everyone this year. Everyone has all the freight they can handle. So what do you do with that?” That’s the question McLeod Software President Tom McLeod posed to a crowd of customers in opening remarks at McLeod’s 2018 User Conference in Birmingham, Alabama.

October 2, 2018

Optimism Spurs Increased Heavy-Duty Truck Sales Predictions

Optimism Spurs Increased Heavy-Duty Truck Sales Predictions

There was a sense of optimism in the air at the Mid-America Trucking Show in Louisville, Kentucky, last week. As truck makers and suppliers made their presentations to the trucking press, many said thanks to solid economic indicators, truck orders are higher than they would have predicted just three to six months ago.

March 27, 2017

Economic Fundamentals Better Than They Appear

Economic Fundamentals Better Than They Appear

PHILADELPHIA — Freight volumes and GDP growth have not been as high as many hoped this year, but trucking companies should be ready for growth to return to higher levels, according to a presentation by two economists at the American Trucking Associations’ Management Conference & Exhibition.

October 18, 2015

Slow Economic Growth Likely to Continue; Fed Policy Big Unknown
Economy Still Sending Mixed Signals as Capacity Crunch Looms

Economy Still Sending Mixed Signals as Capacity Crunch Looms

Some economic indicators have not bounced back as well as others in the recovery from the Great Recession, but trucking is doing well, and a capacity crunch leads economic expert John Larkin to project truckload rates will rise this year.

March 10, 2015

Economic Watch: Employment Numbers Signal Strengthening Economy

Economic Watch: Employment Numbers Signal Strengthening Economy

Employers added 288,000 jobs in June, 17,000 of them in the transportation and warehousing arena, and the unemployment rate fell to 6.1%. That's well above the rate of hiring in the first five months of the year, a sign the economy continues to rebound.

July 3, 2014

FTR State of Freight: Steady Growth, Capacity Tightening
'Eyes on the Economy' Panel Examines 'OK' Economy

'Eyes on the Economy' Panel Examines 'OK' Economy

The economy and freight continues to chug along in an "OK" mode, while stagnant capacity and new and pending regulations put the industry "on the cusp of a capacity crunch" if the economy speeds up, according to a panel of economic and industry experts at the American Trucking Associations' annual convention Sunday.

October 20, 2013

Cass Freight Index up in September, but Don't Expect Strong Q4

Cass Freight Index up in September, but Don't Expect Strong Q4

Freight costs continued to rise in September, showing the largest month-to-month increase since March, but it's not due to a raise in rates. Meanwhile, North American shipment volumes also rose for the second month in a row, according to the Cass Freight Index.

October 10, 2013

Stifel: Soft Economy Makes Rate Hikes Tough, Despite Driver Shortage

Stifel: Soft Economy Makes Rate Hikes Tough, Despite Driver Shortage

Although a "cavalcade of regulations" is expected to make it harder than ever to find drivers, an economy that continues to grow at a sub-potential rate means fleets don't have a lot of leverage when it comes to raising rates, according to John Larkin and fellow transportation analysts at the Stifel Nicolaus investment firm.

September 5, 2013

TCA Fleet Panel Sees Drop in Driver Applications, But Positive Signs on Economy, Freight, Rates

TCA Fleet Panel Sees Drop in Driver Applications, But Positive Signs on Economy, Freight, Rates

The driver shortage is already intensifying, with the number of both new and experienced driver applicants down over the last couple of months, as economic signs lead to improved optimism about increases in freight and rates this year, according to a panel discussion of three major truckload executives Tuesday at the Truckload Carriers Conference annual convention in Las Vegas.

March 6, 2013

Steve Forbes Lays Out Policy Changes That Could Jump-Start Economy
Spot Freight Index Shows Unusual Strength in January

Spot Freight Index Shows Unusual Strength in January

Reaching the highest-ever volume for the month of January, the DAT North American Freight Index increased 42% last month compared to January 2012. Freight volume was unusually robust for the season, exceeding December levels by 24%

February 15, 2013

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