Economics

Trucking is an indicator of the overall health of the United States, while domestic and international economic developments can alter the industry’s outlook in an instant. From Wall Street to Main Street, this category focuses on what it all means for your business.

Latest from Economics

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News

Freight rates, volumes promise market upturn

Nov. 26, 2024
For-hire rates and volumes continued to improve in October, again suggesting the freight recession is ending. Spot rates showed greater improvements than contract rates.

News

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With trucking technology companies and TMS providers launching a new AI-driven or AI-focused product nearly every week, it's safe to say AI is a major tech trend in the trucking industry.
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personal conveyance
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As consumers buy more goods, the medium-duty segment—most prominently in the delivery space—will likely see growth. Additionally, consumers help spur the vocational segment when they buy and build houses.
Economics

2025 medium-duty, vocational trucking outlook

Nov. 11, 2024
The trucking industry could be out of its years-long slump, with medium-duty and vocational segments as top winners in 2025. Here’s a snapshot of the current trucking market, ...
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Fuel Economy

Fuel prices continue to creep lower across U.S.

Nov. 5, 2024
The national diesel cost average dipped to $3.536/gal this week, with the national gas average roughly 50 cents ahead at $3.069/gal as costs continued to fall after Halloween....
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Operations

Survey says: Freight recovery begins with small gains

Nov. 1, 2024
A gradual recovery will be a good recovery, a leading transportation analyst explains, as he breaks down his shipper survey.
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truck sunset
News

Milestone rate improvements signal freight recession receding

Oct. 31, 2024
The freight recession may finally be ending. September's market data found some of the best year-over-year rate comparisons since 2022. Here is why several firms envision steady...

Latest From Economics

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diesel, gas prices increase
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Diesel down to $3.53/gal. nationwide, gas falls to $3.18
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US Mexico freight trade nearshoring economy
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for-hire trucking uphill sunrise
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truck moves uphill for upturn freight