used truck prices

Thomas Wasson Thursday, June 29, 2023

Loaded and Rolling: Yellow stares down the precipice

Negotiations between the Teamsters union and Yellow Corp. remain ongoing, with the fate of the nation’s third-largest LTL carrier hanging in the balance. Yellow is facing stiff resistance from the Teamsters over proposed operational changes that would consolidate operations between purchased regional carriers New Penn and Holland and integrate them into Yellow’s nationwide network.

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Thomas Wasson Wednesday, November 24, 2021

Loaded and Rolling: House hearing on driver shortage, Operation Open Roads, Class 8 used truck inflation

House Transportation Committee hearing on truck driver shortages In remarks to the House Committee on Transportation and Infrastructure, MIT Professor David Correll recently outlined yearslong research conducted by the MIT Freightlab, detailing a chronic underutilization of the American truck driver.  Below are some highlights and reporting from the event. Interestingly there was additional research regarding […]

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FreightWaves Staff Monday, February 3, 2020

This Week’s Forecast February 3-7 2020

Tender rejections: Looking into the week, we expect the capacity to continue to loosen as volumes remain at midwinter levels. Occasional surges in demand are not unheard of in February, but they are unlikely to have much impact on capacity. Carriers who operate in California and around the ports need to start thinking about the […]

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FreightWaves Staff Monday, January 27, 2020

This Week’s Forecast January 27-31, 2020

Diesel fuel price outlook The rack-to-retail spread has widened to more than $1.10/gallon, creating an unearned windfall for trucking carriers. Diesel markets have been sliding in part on an overall decline in oil since the start of the year, but retail is slow to follow. Diesel itself has fallen farther than crude, primarily on fears […]

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FreightWaves Staff Thursday, September 13, 2018

A strong peak season, significant flooding, and a spike in truck orders: Werner’s latest market outlook

Werner Enterprises (NASDAQ: WERN) presented a market update at Morgan Stanley’s 6th annual Laguna conference on September 12, where John J. Steele made his predictions for the upcoming peak season and addressed issues and solutions related to the capacity crunch, e-commerce, and the potential impacts of Hurricane Florence on the market.

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