A severe recession deserves some mindshare among scenarios that could play out in coming months, ACT Research economist Jim Meil says.
Fleets are holding off on Class 8 truck orders because supply shortages continue to delay acceptance of 2023 bookings.
FreightWaves recently conducted a survey of owner-operators outlining business issues and outlooks on profitability in 2022 compared to the previous year.
A common theme during the downward swing in the cyclical freight market cycle is the movement of owner-operators in and out of large fleets.
Cautious OEMs allowed the smallest number of trailer orders so far this year, pushing back bookings until late summer.
Experts expected a closing of the gap between record-high auction and retail used truck prices. Now both are in retreat.
New rules proposed by the Securities and Exchange Commission regarding disclosure of climate-related risks and greenhouse gas emissions could greatly impact the trucking industry.
Don’t expect the restrictions that truck manufacturers are imposing on Class 8 order intake to last. There’s too much at stake.
Los conductores que persiguen las tarifas al contado se rinden ante la caída de las mismas
Auction prices for used trucks are dropping as more equipment shows up amid cooling spot freight demand.
