Tagged: TruckingReports

St Louis Fed - Inflation data

Rising CPI Pressuring Fleet Operations

Rising CPI pressuring fleet operations, effecting cost of financing equipment and other cost such as maintenance and repair. Knowing how to navigate this, as well as understanding a fleetโ€™s options, can potentially save millions toward the organizationโ€™s bottom line.

Photo by Yassine Khalfalli on Unsplash

Closures Rising For Small Truckers

Closures rising for small truckers. One of the hallmarks of the pandemic as it relates to trucking has been the unprecedented growth in the number of new, mostly small, for-hire trucking companies. Since July 2020โ€ฆ

Photo by Sander Yigin on Unsplash

Fuel Driving Out Truckers

Fuel driving out truckers as survey shows rising cost of fuel present a mountainous climb to overcome for small carriers. Many small carriers who entered the trucking industry in 2020-21 are finding todayโ€™s challenges too

ATA Truck Tonnage Release June 2022

Truck Tonnage Index Increased in June

ATA Truck Tonnage Index Increased in June 2022. American Trucking Associationsโ€™ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index increased 2.7% in June after rising 0.3% in May. In June, the index equaled 120.1 (2015=100) versus 116.9 in May.

Tesla Semi with Trailer

Half Of Trucks Could Become Electric

Half of trucks could become electric, report says roughly half of all U.S. and Canadian Class 8 tractors engaged in regional-haul applications could switch to battery-electric technology today with minimal or no impact on operations, productivity, or efficiency.

Huge truck in the evening glow

Trucking Sees New Player Surge

Trucking sees new player surge in the number of newly authorized trucking companies — especially small ones. From July 2020 -Sept, the FMCSA approved more than 104k new for-hire trucking companies, and thatโ€™s excluding private fleetsโ€ฆ

Photo by Yassine Khalfalli on Unsplash

Driver Shortage Sets New Record

The trucking industry is short 80,000 drivers, a record high, according to the American Trucking Associations (ATA). That’s a 30-percent increase from before the pandemic, when the industry already faced a labor shortage of 61,500โ€ฆ

Photo by Sander Yigin on Unsplash

Drivers Prefer Smaller Firms

Drivers, technicians and office workers in the trucking industry are more likely to be satisfied at small or medium-sized companies, according to WorkHoundโ€™s mid-year report. Workhound is a website that provides a forum for thoseโ€ฆ

Tank Transport