
A rapid increase in demand
A softening freight market still benefits from pent-up demand despite rising fuel prices. While truckload volumes reached historic highs in March, spot rates fell last month as fuel prices soared and supply inched closer to the freight market demand. The weakening spot market rates and historic diesel prices in March overshadowed more robust truckload freight […]

ATRI asks fleets
The American Transportation Research Institute issued a call on April 5 for motor carriers to participaте in a survey.

Outlook for trucking
At the end of 2021 just over 86,000 new owner-operators had been issued an authority to operate by the FMCSA.

Shortage of truck parking
According to ATA, there are more than 11 drivers for every one parking space. Studies show that on average drivers spend nearly an hour of driving time every day trying to find parking, and 58% of drivers say they have parked in unauthorized places at least three times a week. The letter claims that the […]

Second hand truck prices are rising
Used Class 8 same-dealer retail sales grew 20% month-over-month in February but were 14% lower compared to the same period in 2021. ACT’s Classes 3-8 used truck report provides data on the average selling price, miles, and age based on a sample of industry data. “Presumably, the bumps in December and January new truck production […]
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