A combination of rising fuel prices, lowering spot rates and falling imports makes for a freight market in transition.
A California-based trucking and warehousing company, forced to cease operations more than a year ago, filed for Chapter 7 liquidation.
A study looking at U.S. recessions over a 30-year period suggests freight and the overall economy may rebound according to different timetables after the pandemic.
Lead Economist, Anthony Smith takes the reigns on this macro edition of Freightonomics. He chats with a diverse panel of guests about ways to optimize performance across business areas in a sluggish freight economy. Listeners will learn how to navigate today while preparing for the future of freight. Apple Podcasts Spotify Stitcher Watch the video
What is a Freight Recession?
Anthony, Zach, and special guest Kyle Lintner from K-Ratio discuss how the freight market is disconnected from the general economy; are we truly out of a freight recession; and how Freight Futures work.
Diesel consumption in California fell in the beginning of 2019, led some to believe that there was a sudden transition to other fuel sources.
Editor’s note: This story was updated to reflect that the company’s CEO says he is working to bring drivers home. HVH transportation, a 344-unit trucking company, has abruptly shut down. It’s the latest in a string of trucking failures stemming from an economic environment that has put pressure on operating ratios. The Denver, Colorado truckload […]
After a disappointing first half of 2019, the freight market finally appears to be heading another direction.
The FreightWaves Freight Intel Group’s latest research shows that a freight recession is taking place.
Truckload volumes on a national basis have been trending 3% above 2018 levels for a week.
Another motor carrier has fallen victim to this year’s freight recession as Terrill Transportation Inc. of Livermore, California, abruptly ceased operations on July 30.
The trucking industry’s technical recession is causing real-world impacts to the used truck market, where sales continue to fall and even sought-after low-mileage rigs are under pressure. Preliminary used Class 8 same dealer sales fell 8 percent in June compared with May, according to ACT Research. Used truck sales were down 25 percent compared with […]
Today on FreightWaves NOW, we bring you the economic data that supports a broad slowdown. We examine the Laredo markets and analyze whether or not carriers really are pulling freight forward ahead the promised tariffs. Also, we’re on the move with (Phil) Moody with the latest on the FreightWaves LIVE event.
Today on FreightWaves NOW, we are talking tech with two tech nerds. Ken Smith talks dirty data, and what it takes to clean it up. Lincoln Duff talks about Amazon’s new drone technology and what it means for last-mile delivery.
Today on FreightWaves NOW, Seth Holm brings us the not-so-good news about the current economic situation.
In partnership with Slync… There are numerous reasons to be worried about the health of global trade and the goods economy, even though, in our view, a full-on macro-economic recession in the United States is still unlikely.
