The number of available loads on the spot truckload freight market rose 4% while van load volumes on the top 100 lanes hit an all-time high during the week ending Sept. 23, according to DAT Solutions. The number of available trucks increased 5% but load-to-truck ratios remained elevated: Vans: 6.4 available loads per truck, down 3% Flatbeds: 43.2 loads […]
August ties March for the longest trailer OEM work schedule of the year. Capitalizing on the additional work days, a sequential increase in U.S. trailer build was expected in August. “The longer schedule gave OEMs a bit of operational breathing room,” said Frank Maly, Director–CV Transportation Analysis and Research at ACT Research. He continued, “Daily […]
Due to recent hurricanes, the number of available loads on the spot truckload freight market increased 27% during the week ending Sept. 16, according to DAT Solutions. A 20-25% week-over-week increase in loads is not unexpected for the first full workweek after a holiday. National average spot TL rates remain at two-year highs: Van: […]
Following a quarter heavily driven by automated manual transmissions, the third quarter of 2017 has been focused to electric power, according to reports from Americas Commercial Transportation (ACT) Research and Rhein Associates. Three different companies have recently made significant announcements in the electric vehicle industry: Cummins Inc. stunned the trucking industry with the launch of […]
Fifty-nine percent of August’s North American Class 8 orders are scheduled for build this year, and the fill rates are generally in line with historical averages. “Based on the build plans, Q4 was filled to 62% versus a historical fill rate of 69%,” said Tim Denoyer, ACT Research’s Vice President and Senior Analyst. He continued, […]
American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index increased 0.1% in July, following a 4.4% drop during June. In July, the index equaled 138.5, up from 138.4 in June. Compared with July 2016, the SA index increased 2.3%. In June, the Truck Tonnage Index rose 1.2% on a year-over-year basis. Year-to-date, compared […]
