CCJ Top 250
Will debt ceiling drama be avoided?
The U.S. owes more than $31 trillion. Just like many households have mortgages, car notes and credit cards, the U.S. government also carries debts that allow it to pay for programs and services for Americans.
May 26, 2023
Trucking conditions still loose, but rebalancing is underway
ACT Research reported freight volumes, rates and capacity continued to decline in April, but the supply-demand rebalancing has begun. Also: Florida HHG mover pleads guilty to scheme charges; autonomous firm Kodiak adds new VP of Safety.
May 26, 2023
April marked lowest month for truck tonnage since September 2021
ATA's Truck Tonnage Index hit its lowest level in nearly two years in April. Also: FedEx launches new sustainability tracking tool; Digital freight network Convoy joins Volvo autonomous program.
May 25, 2023
Conditions for carriers continued to fall in March
FTR reports lower fuel costs and slightly stronger utilization partially offset a more negative rate environment as spot rates continued to deteriorate. Also: NTTC names annual top driver; ATA seeks industry image award nominations; more.
May 23, 2023
Truck orders fall for sixth time in seven months
There still are indications that fleets are requesting equipment, and there has been no notable uptick in cancellations.
May 7, 2023
Trucking conditions fell in February with weak freight rates, volume
FTR's Trucking Conditions Index fell farther into negative territory in February. Also: TuSimple gets 'OK' from international autonomous safety auditor; Penske Truck Leasing opens new Alabama facility; Estes names two new VPs.
April 18, 2023
Truck orders fall for fifth time in six months, sales pace 'unsustainable' in current freight environment
While recent orders have softened, fleets continue to request equipment, and quote activity has been in line with past seasonal behavior.
April 5, 2023
Trucking conditions improved in January, but downswing expected
FTR's Trucking Conditions Index improved from December to January, but the firm expects negative conditions into the third quarter of 2024. Also: Truck tonnage was up in February; R+L Carriers founder passes away; more.
March 22, 2023
Truck orders climb for the first time in five months
Order activity over the last six months has been strong and annualizes to 413,000 units.
March 7, 2023
Carriers' conditions improved in December with falling diesel prices
FTR reported other indicators – including freight volume, capacity utilization, and rates – were negative. Also: ATRI wants carrier feedback on marijuana legalization's impact on recruiting; New SVP at Atlas Van Lines; more.
February 16, 2023
Recession likely still inbound in months ahead but freight outlook less pessimistic
Freight brokers near evenly spit on spot rate outlook but far less optimistic on contract rates.
February 13, 2023
Truck orders skid for fourth month in a row
With backlogs already solidifying production slots, it's no surprise that orders have fallen off the torrential pace set late last year.
February 9, 2023
Trailer demand surges to record highs
Lower trailer build rates and a jump in end-of-year factory shipments caused inventory levels to drop by 18% month-over-month.
January 27, 2023
Truck tonnage ticked up to close out 2022
ATA reported truck tonnage was up slightly in December, while tonnage for the year increased 3.4% over 2021. Also: Shippers' conditions on the rise; California fleet orders 15 Nikola hydrogen fuel cell trucks; Xcell Logistics opens new Texas warehouse.
January 26, 2023
Supply chain correction helps put the 'worst of the inflation crisis behind us'
The price of lumber is down by roughly two-thirds over the last year, not far from its five-year average. Brent crude too, has fallen by roughly one-third since last summer along with shipping costs. Why? The supply chain adapts and overcomes.
January 18, 2023
Trucking conditions, while improved, remained negative in November
FTR's Trucking Conditions Index showed slight improvement in November. Also: Schneider gets eCascadia in SoCal intermodal operations; FMCSA denies driver's HOS exemption request; Mack unveils refreshed Granite model; Estes opens new Texas terminal.
January 19, 2023
Report forecasts 'surprising' strength in LTL freight for early 2023
Carriers are competing for more limited demand while searching for ways to claw back revenue.
January 18, 2023
Rates end 2022 on a high note, signaling 'bottoming process' underway
While market conditions remain broadly loose, there are increasingly signs of slowing supply – a key to the bottoming process, according to experts.
January 17, 2023
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Mergers & Acquisitions
Best Dedicated Solutions acquired by port-to-door logistics company
Chicago-area-based Best Dedicated Solutions (BDS) has been acquired by STG Logistics.
Doomsday emissions regulations
Brakebush program recruits new drivers from within
Oral fluid testing rolls out today, but program is still on pause
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