Government, Business, Equipment, Fuel

High Freight Demand Provides Momentum for Trucking Industry

Trucks John Sommers II for Transport Topics

Economic indicators suggest the trucking industry could be poised for growth in 2021, after the coronavirus pandemic caused a topsy-turvy year in 2020 marked by unpredictable demand and continued uncertainty in the driver pool.

Connor D. Wolf | Staff Reporter
November 24, 2020
Business, Technology

Tesla Analysts Warn on Demand, Profits as Quarter Nears End

Tesla Justin Chin/Bloomberg News

The concerns around the demand for Tesla Inc.’s cars are resurfacing as the second quarter nears a close, with Goldman Sachs analyst David Tamberrino saying volume estimates for the second half of the year and beyond appear to be high, considering there are now fewer “levers to pull to stoke demand going forward.”

Esha Dey | Bloomberg News
June 20, 2019
Business, Equipment

May Truck Sales Fall 6%

truck sales

U.S. retail sales of Class 8 trucks fell 6.1% in May, but still topped 16,000 units for the highest volume of 2017 as sales started to align with the improvement that orders and production have shown this year, experts said.

Roger Gilroy | Senior Reporter
June 19, 2017
Business, Fuel

California Drought, Texas Floods Cut Produce Truck Demand

California’s drought and Texas’ floods have softened freight demand and created a more stable environment for produce shipments, in sharp contrast to 2014’s painful price spikes and capacity constraints, industry officials said.

June 8, 2015
Business, Fuel

Trucking Rates Expected to Rise, FTR Index Shows

Trucking rates are expected to rise this fall as capacity tightens on regulatory effects and improved freight demand, according to FTR’s Trucking Conditions Index.

September 13, 2013
Business, Fuel

Shippers Cite Steady Demand, Are Optimistic on Rest of 2011

NEW YORK — Shippers from the retail, building products and chemical industries said that demand has remained steady in recent weeks, a sign the second half of 2011 will not be as weak as some economists have suspected.

September 12, 2011
Business, Fuel

Surveys See Lagging Freight Demand, Capacity Constraints Persisting in 2011

Recent surveys of carriers and shippers are signaling that slower freight demand growth and continued capacity constraints will be common phrases within the trucking industry during 2011.

December 20, 2010