'Stagnant' trucking market expected in 2024: FTR
Steady consumer spending habits and falling diesel prices could prolong a capacity surplus affecting the trucking industry well into 2024. Speaking during
Source: trucknews.com
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Economic Trucking Trends: Less Class 8 demand, lower used truck prices and stronger rates
As we close the books on 2023, we see Class 8 orders weaken but close out a strong year with healthy demand and a historically strong run rate. Used truck
Source: trucknews.com
Class 8 tractor orders at healthy levels, despite December downtown, FTR reports
BLOOMINGTON, Ind. — Preliminary North American net orders for Class 8 tractors came in at 26,620 units in the final month of 2023. That's 26% less than
Source: thetrucker.com
A stagnant freight environment is expected to continue throughout 2024
FTR Transportation Intelligence's State of Freight shows stagnant freight market outlook for 2024.
Source: ccjdigital.com
Trailer orders falling as carrier concerns mount
Trailer build rates reached their lowest since last year, but a drop in production after October is normal.
Source: ccjdigital.com