The industrial sector is trying to recover faster than transportation can react. There are numerous factors limiting the economic recovery, illustrating that it is harder to turn production back on than off.
Anthony and Zach discuss what to make of the subtle increase for the May PMI and orders, while domestic freight volumes surge. Also, produce season pushes agricultural rates over 2019.
Boeing delivered 380 planes last year, less than half of rival Airbus.
Truck maker TRATON Group S reported higher revenue and profit for the first nine months of the year, but warned of a tougher 2020 with an accelerating slump in orders and global economic uncertainty.
Durable goods and dry van orders are declining. Could this mean a rough second half of 2019?
Manufacturing numbers are not looking as robust after a booming early 2018. The flatbed freight market may be in line for a big correction as well.
FTR and ACT Research have both released their preliminary estimates of Class 8 truck orders in October. Here are the highlights.
Factory orders for durable goods bounced back after a large decline in the previous month. Gains during the month were broad based in a sign that freight demand should be solid in upcoming months
The consistent rise in demand of construction equipment kept truck sales rising for Volvo. The Swedish automobile manufacturer, according to Market Watch, saw third-quarter net profit exceed expectations. Demand remained high with truck orders shooting up to 32% in the quarter.
