INDIANAPOLIS, Ind. – Spot rates are down, freight demand has slowed, and there’s been a surge in fleet bankruptcies in the U.S. Overall truckload rates are expected to be down 7% this year and down 1.3% in 2020. Avery Vise of FTR doesn’t seem worried.
LAS VEGAS, Nev. — The economic activity affecting trucking could see a challenging year, according to Bob Dieli, president and founder of RDLB — an economic research and management consulting firm. But in a presentation during the annual Heavy Duty […]
INDIANAPOLIS, Ind. – Heading into 2018, Bruce Ridley, the vice-president of Packaging Corp. of America in charge of transportation, said the company was prepared for a tropical storm — but not the perfect storm that struck. “I think most of […]
SUNNYVALE, Calif. – Peterbilt general manager Jason Skoog is understandably bullish about the state of North America’s truck market.
BLOOMINGTON, IN – FTR remains confident in this year’s freight market, despite a March drop in its Trucking Conditions Index (TCI) that measures freight volumes, rates, capacity, fleet bankruptcies, fuel prices and financing. Spot rates are improving, and that indicates a market-wide move to tighter capacity, the analysts add.