Class 8 Demand to Jump 15% in 2014 on Rising Freight Market, ACT Reports
COLUMBUS, Ind. — Demand for new Class 8 equipment should rise about 15% next year, powered by a stronger domestic freight market and the ongoing need to replace old tractors, ACT Research reported.
September 30, 2013Trucking Shares Fall in Market Drop, But Analysts Confident of Industry
Trucking stocks have suffered a thrashing this month from investors as the overall stock market bounced up and down, pressured by worries about European debt, the United States’ debt downgrade and the global economy, but several analysts expressed confidence in the industry.
August 15, 2011Spot Market Activity Gaining as Hauling Capacity Tightens
Indications are growing that carriers, brokers and shippers are shifting freight-buying habits to make more use of spot markets and load boards as freight capacity continues to tighten, sources said.
July 25, 2011Heavy Shipper Use Raises Rates in Spot Market for Truckload Freight
Shippers are making heavy use of the truckload spot market to find freight haulers, leading to more loads and better rates — particularly for flatbed and refrigerated carriers — and worries for brokers who find themselves “under water” on some contracts with shippers.
November 29, 2010Navigate Uncertainty: A Freight Broker’s Guide to Success
In the face of a challenging market downturn, freight brokers must continue to showcase remarkable resilience and adaptability. Through proactive strategies and innovative approaches, they can survive and thrive in adversity. Discover the secrets behind success as we explore how freight brokers should navigate the uncertainty of a down market.
January 31, 2024Maximize Email Efficiency Through AI
Traditional freight brokerage operations have been historically inefficient. Manual processes and associated errors are now being overhauled by AI-driven technology that streamline the manual and time-consuming workflows, all while providing next-gen insights that foster data-driven decisions. Download the whitepaper to explore how we’re empowering brokers to maximize efficiency through automation.
September 18, 2023How Freight Brokers Survive in a Down Market
The second quarter of 2023 has revealed a potentially bleaker outlook for the freight market, almost reaching numbers of the freight recession witnessed in 2019. Discover the secrets behind success as we explore how freight brokers should navigate the uncertainty of a down market.
August 9, 2023