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According to ATA, October’s drop in truck tonnage was the largest in 21 months.
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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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While some have predicted a cliff-event drop in spot rates like in 2018, there is evidence that we may instead see more of a contract rate extended plateau, similar to what we saw in 2011-2012, Jeff Kauffman suggests.
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Spot truckload rates remained near all-time highs during the week ending May 3, one year after bottoming out as U.S. economies closed during the pandemic.
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FTR’s COVID-19 Impact Heatmap has been updated to show truck load data in the spot market, providing state-level impacts on truck load volumes for four equipment types: dry van, refrigerated, flatbed, and specialized.
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It's possible recent low diesel prices may start heading back up, with news that oil-producing countries plan to cut crude-oil production.
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Noël Perry, Truckstop.com’s chief economist and former analyst for FTR Transportation Intelligence, has launched a new website called Transport Futures that will serve as a platform to share industry insights.
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FTR has named Todd Tranausky Senior Transportation Analyst, responsible for content in FTR’s rail and intermodal services, as well as developing additional analysis and commentary to support those market segments.
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FTR has appointed Avery Vise as its vice president, trucking research, responsible for the content of all trucking oriented reports, publications, and analyses.
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FTR Transportation Intelligence has announced the conclusion of its business relationships with Noël Perry, principle of Transportation Economics, and Lawrence Gross, president of Gross Transportation Consulting.
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