The Source for Multinational Fleet Professionals
Truck tonnage has flattened out, according to the American Trucking Associations, which has seen its tonnage Index fall slightly for two months in a row.
The sudden, devastating economic collapse caused by the COVID-19 pandemic was so unprecedented, that even seasoned economists admit it’s difficult to predict what the recovery will look like.
With all 50 states relaxing COVID-19 shutdown orders to various extents, trucking shipments and rates are heading back up – but don't expect a true recovery until 2021.
According to FTR’s projections for its Trucking Conditions Index, a combination of drastic declines in freight volumes, utilization, and rates due to the COVID-19 pandemic could lead to the worst overall trucking conditions on record during the second quarter of this year.
Season two of the HDT Talks Trucking podcast is now available, covering topics such as California’s AB5 law restricting the use of independent contractors, autonomous trucks, electric trucks, and reducing unscheduled downtime.
Upstaging, a fleet that specializes in hauling lighting, staging and other requirements for concerts and other live events, turned to hauling relief supplies as the COVID-19 outbreak intensified.
With all the information – and misinformation – coming out concerning the COVID-19 outbreak, HDT is offering a webinar that will delve into what trucking fleets should know during this global crisis.
A sudden war in crude oil prices between Russia and Saudi Arabia could mean a drop in diesel and gasoline prices at American fuel pumps. But the longer-term implications are more worrying.
Thus far, the novel Coronavirus is mostly affecting fleet operators operating out of West Coast ports. But the remainder of the industry — and continent — is watching unfolding events carefully.
Used Class 8 truck sales improved 4% month-over-month in January, but sales were down 1% year-over-year compared to January 2019.
media brand
The secure and easy all-access connection to your content.
Bookmarked content can then be accessed anytime on all of your logged in devices!
Already a member? Log In
