Uncertainty in the supply chain and commodity price vagaries are stretching out trailer orders beyond traditional cycles.
Don’t expect the restrictions that truck manufacturers are imposing on Class 8 order intake to last. There’s too much at stake.
New trailer orders surged to their highest level in 15 months in March, but a supply chain fraught with trouble means it could be an anomaly.
FreightWaves Founder and CEO Craig Fuller analyzes methods to generate more revenue in a trucking downturn.
Top commodities by weight and value
From a shortage of truck production workers to parts depot staff, Daimler Trucks North America is trying to keep up with blistering demand.
New trailer orders slid dramatically in April as manufacturers had more dry and refrigerated van bookings than they could build.
We spoke with Mark Haraburda about FreightWaves’ new data and content partnership with Barchart, a leading digital provider of commodities and futures data.
Global sugar prices fall over record production and decreasing demand; oil squeeze looks to be inevitable; Walmart’s size might not help much if prices keep increasing and trucking market remains tight.
The price for cartons of lemons (sizes 95-115) at wholesale was $36 to $39 on June 1 and as of last Friday was $52 to $55.
