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…
What this virus-induced recession will mean long term for the trucking industry is at this point subject more to conjecture than certainty. What is guaranteed, however, is that this second quarter will be brutal for…
Trucks hauled more than 70 percent of freight tonnage in the U.S. last year, generating $676 billion in revenues, according to the American Trucking Associations (ATA). But the industry is grappling with a growing problem…
Last year rail intermodel took away loads from over-the-road trucking, but now the pendulum is swinging back the other direction. Diesel prices are dropping, which makes dry van transportation more attractive and reduces the cost…
The advent of automated driving technology is poised to transform the trucking industry in the years and decades to come. However, many experts believe it is clear that autonomous trucks will not be ready to…
America is facing a dire shortage of truck drivers. The causes include lack of competitive wages, a perception problem, demographic challenges, and technology that might soon make truckers obsolete. And now a new research study…
The global recovery from the economic crisis has major implications for the commercial vehicle and tractor-trailer manufacturing industry. There are, essentially, two worldwide markets for trucks in the near future. The first, in Europe, North America, Japan…
The big drivers of global business have major influence on the commercial vehicle business. Several global-scale trends in particular — related to climate protection, competition for resources, social change and demographic shifts — are fundamentally…
Trucking industry revenues in 2016 were $676.2 billion, according to American Trucking Associations’ (ATA) American Trucking Trends, an annual compendium of data about the trucking industry. “The information in Trends highlights exactly what I...
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