Explore the dynamic surge in the trucking industry growth, projected to hit 14.2 billion tons by 2034. Uncover key insights and trends shaping the future of trucking.
Explore the J.B. Hunt Intermodal Expansion, a strategic move marking a significant 6.6% growth forecast and market performance upgrades in the transportation sector.
Discover the shocking reality of the ongoing trucking industry exodus. Learn how fuel prices and the freight spot market are driving small fleets out of the industry and what this means for the future.
Explore our in-depth analysis of the 2023 Freight Market Outlook, with insights from key industry leaders. Discover how trends in freight rates, demand, and volume are shaping the trucking industry’s future.
Trucking dominates freight market in 28th edition of the Transportation Statistics Annual Report. Trucks transported 12 billion tons in 2019, or 67% of total domestic freight volume, about 10 times more than that of rail…
Freight recession nearing end, JB Hunt says expressing customer sentiment. Inventory correction at the heart of the current freight downturn. The leaders of J.B. Hunt Transportation said Jan. 18 they are hearing from customers that…
Freight shipments climbing with a sequential uptick in trucking shipments during the 2Q. Freight payments data released in late July showed a sequential uptick in trucking shipments during the second quarter, reversing the declining trend…
The largest drivers of freight demand are consumption and production, and for the past year the growth in consumption has been unprecedented. The four largest month-over-month gains in retail sales have come since April 2020…
Record freight rates continue to push commercial vehicle demand beyond truck and trailer manufacturers’ ability to supply equipment in a timely manner, according to ACT Research. Preliminary reports indicate that February’s net order volume of…
Many publicly traded fleets are optimistic about growth this year, saying they expect rate increases ranging from high single digit to low double digits. One carrier even anticipates rate increase percentages in the mid-teens. As…
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