Class 8 truck orders have surpassed expectations in February, at 40,200 units for the month, according to preliminary reports from FTR and ACT Research.
Class 8 truck orders had a solid month in April, meeting expectations and beating the previous month, according to early numbers from FTR and ACT Research.
Despite falling compared to the previous month, net trailer orders in March remained robust, posting significant gains compared to last year.
Preliminary numbers for U.S. net trailer orders are projected to be up in August after weak order numbers in July, according to ACT Research.
Commercial trailer demand dropped in May compared to the previous month’s orders as part of a seasonal slowdown, according to the latest projection from ACT Research.
No fewer than five technology-based “disruptors” to freight transportation were identified in a recent survey of carrier/3PL/broker, shipper and trucking supplier executives conducted by Princeton Consulting.
How has the less-than-truckload business changed over the past decade? Stifel Transportation & Logistics Research Group decided to explore that topic in a recent note to investors.
For truckload carriers, the number one problem is the driver shortage – but the reasons go beyond pay, said Stifel's John Larkin at TMW Systems’ annual user conference in Nashville Monday.
Driver turnover, a problem that has traditionally plagued longhaul, irregular-route truckload fleets, is now affecting every type of fleet in the industry – and it's only going to get worse, according to industry analysts at investment advisory firm Stifel.
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.
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