Uncertainty in the supply chain and commodity price vagaries are stretching out trailer orders beyond traditional cycles.
After nearly a year of accepting only orders they were sure they could build, heavy-duty truck OEMs fully opened orderbooks in September.
urricane season can frequently — and unexpectedly — change the trucking dynamic. Part of this involves the positioning of equipment in anticipation for hauling FEMA freight.
The outlook for trucking companies buying new or used Class 8 trucks can best be described like a 2005 Facebook relationship status — “It’s complicated.”
Truck manufacturers began to fill build slots for the first quarter of 2023 in August but pent-up demand for equipment remains unstated.
The second FreightWaves Autonomous and Electric Vehicles Summit will feature leaders in autonomy and all things electrification.
A severe recession deserves some mindshare among scenarios that could play out in coming months, ACT Research economist Jim Meil says.