Freight Industry News

Truckstop.com’s transportation data analyzed by Chief Economist, Noël Perry. The data indicate a need to monitor upcoming market changes.

Over the weekend, we met thousands of hard-working Truckers at the Mid-America Trucking Show, known to most people in the industry as MATS.

According to a newly-released JOC whitepaper, the U.S. surface transportation market is changing rapidly under the influence of stresses that include a faster-paced US economy, changing consumer expectations, new technology, demographics, and government regulations. Those factors combined in 2017 to tighten available truck capacity and push up rates and pricing as the second half of the year unfolded. More highlights:

Trailer backlogs are at historic levels and order expectations for 2016 are optimistic, according to data released Monday by FTR. FTR reports U.S. trailer net orders for December fell 35 percent month-over-month to 25,500 units, and 43 percent year-over-year. Full-year 2015 orders totaled 313,000 units. Read the source article at ccjdigital.com