Tagged: TruckingTrends

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…

Trucks on Roadway

Tractor Weights Climbing

The North American Council for Freight Efficiency (NACFE) has issued an updated report on the changing trends of light-weighting technologies since the council last published a study on the topic in 2015, including strategies to…

Intermodal containers stacked

J.B. Hunt Says Intermodal Lagging

Expectations around long-term intermodal margins were the main topic at J.B. Hunt Transport Services’ appearance at the Citi 2021 Global Industrials Virtual Conference in February. John Roberts, the company’s president and chief executive, said management…

Line of colorful semi-trailer cabs.

5 Trucking Merger & Acquisition Takeaways

The trucking merger and acquisition arena was anything but ordinary in 2020. Within the liquid/dry bulk vertical we saw several transfers of ownership. A few notable transactions included: Kenan Advantage’s purchases of Fort Transfer, Paul’s…

Trucks zooming on highway

Market for Class 5-8 Trucks Booming

Despite the plunge in new-truck orders during the spring COVID-19 pandemic shutdowns, orders of Class 5 through 8 trucks closed out 2020 in near-record territory, according to industry analysts FTR and ACT Research. Preliminary North…

Truck Driver Spain, Lorry Driver

Recessions Often Draw Workers To Trucking

During previous recessions and regional downturns, trucking recruited workers laid off from other industries. That built freight supply just at the moment when aggregate demand was typically soft.
Consider what happened during two recent downturns…

Tank Transport