Tagged: FreightVolumes

Sunset on Semi Truck - Photo by Caleb Ruiter on Unsplash

Trucking Dominates Freight Market

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…

J.B. Hunt Transport, Inc Truck Fleet

Freight Recession Nearing End

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…

Forklift Loading Truck - Economy Up

Freight Shipments Climbing

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…

Trucks on Roadway

Freight Demand Likely To Remain High

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…

Forklift Loading Truck

Freight Rates Push Vehicle Demand

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…

Green Trucks in Lineup

Fleets Expect Strong Growth This Year

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…

Tank Transport