Truck fleets order new trailers in record numbers as covid recovery strains freight capacity
Trucking sector enjoys hot demand due to “intense stress” in consumer goods supply chain, but second virus wave looms, FTR and ACT say.
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Truck orders jump in September as fleets respond to sustained freight demand
Stats reflect pent-up demand after orders sank in March, April, and May, FTR and ACT say.
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Driver shortage forces tight freight market as pandemic impacts linger
Shipping rates soar as tight capacity and spiking demand squeeze fleets.
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Freight markets are withstanding Covid-19 better than broader economy
ACT report predicts a “steady, if modest” rebound in Class 8 vehicle sales, as home-bound consumers boost e-commerce and goods-based purchases.
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Orders for medium- and heavy-duty trucks jump to six-month high in July
Rising demand shows imbalance of freight capacity as pandemic squeezes fleets in many regions, ACT and FTR say.
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Trailer orders ticked up in May, but still lag 2019 figures
ACT says net orders for the month rank as second weakest in industry history, and expiration of PPP funds could hit small and medium fleets hard.
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Trucking market conditions fall to all-time low marks as health crisis bites freight sector
Covid-19 shutdowns knock bottom out of freight market, according to FTR, ACT, ATA reports.
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Ryder reports steady sales of used trucks despite coronavirus shutdowns
Truck purchases still lag historic patterns for March and April, but first-time buyers drive demand.
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Covid-19 recovery models predict 2021 could be a “transition year”
Trucking and air freight sectors eye slow return to past levels by 2022 or 2023, according to ACT, IATA.
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Transportation and logistics firms ponder Covid-19 reopening plans
Strategies for running a business in the “next normal” could include safety and testing protocols, remote sensors, worker contact tracing.
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