Economic Forecast

Economic Growth Steady, But Recovery's Not a 'V'

Although the economic recovery from the COVID-19 shutdown is definitely not a “V” shape, it’s growing steadily – but don’t expect to be back where we were until mid-2022, said Jeffrey Rosensweig of Emory University.

Truck Freight Outlook Murky: FTR

Improvements in industrial production and housing may help drive a truck freight recovery, but spikes in COVID-19 cases in many parts of the country and questions about what Congress may or may not do leave a lot of uncertainty in the forecast, according to analysts at FTR.

Economic Recovery: Alphabet Soup or Tennis Ball Bounce? [Commentary]

The global shutdowns caused by the COVID-19 pandemic continue to wreak havoc in economic forecasting.

HDT Webinar to Explore Trucking Recovery from COVID-19

Pandemic lockdowns are easing and freight levels are increasing, but the COVID-19 virus is still out there, and it may take a while for the economy to recover. What does the future hold for our country’s economy and the trucking industry?

What Will COVID-19 Reopening Mean for Truck Freight Recovery? [Video]

How will reopening impact truckload demand and freight rates in the near future? What will freight rates look like in the next six to 12 months? This video from Convoy explores those questions.

FTR: COVID-19 Crisis to Take Toll on Trucking, Economy

The U.S. economy was rocked today by shocking numbers of 3.3 million people filing unemployment claims for the first time, but the worst is still to come for trucking.

ACT Research: Used Truck Sales Recover Slightly, Down Year-Over-Year

Used Class 8 truck sales improved 4% month-over-month in January, but sales were down 1% year-over-year compared to January 2019.

Economists: Economic Conditions will Soften, but not Break, in 2020

Bob Dieli, an economist with aftermarket research firm MacKay and Company, identifies these as economic boom times. But good things don’t last forever.

Training, Tech Wages Among Aftermarket Challenges

During a panel discussion during Heavy Duty Aftermarket Dialogue, trucking experts recognized that aftermarket businesses must continue to adapt to changing economic conditions and market forces alike.

Where are we headed in 2020? [Commentary]

For the third time this year, the economy seems to be doing better than trucking markets.

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