Equipment Finance News: Used-truck inventory drops despite day-cab market woes
Used heavy- and medium-duty truck inventory declined in November, signaling recovery on the horizon for the beleaguered transportation finance sector.
Used heavy- and medium-duty truck inventory declined in November, signaling recovery on the horizon for the beleaguered transportation finance sector.
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Refrigerated loads hit their highest weekly level since International Roadcheck, with rates rising more than 15% from last year.
US truckload spot rates have surged in recent days as cold weather, snowstorms and a compressed holiday shopping season tighten capacity ahead of Christmas, analysts say.
Winners and losers will emerge in road transport as Union Pacific and Norfolk Southern join forces, according to industry experts
Though spot market loads fell for all three major equipment types during Thanksgiving week, national rates were particularly strong for dry van hauls.
The Transportation Intermediaries Association (TIA) has established a partnership with the Federal Bureau of Investigation to aggregate truckload cargo theft and fraud incident information from its nearly 2,000 members.
In this economic-update episode of On the Move, Jen sits down with freight-market authority Dean Croke of DAT to break down what’s really happening in the transportation economy, and what’s coming next. Dean shares the key data points that matter most right now, the early signals pointing to the next market turn.
The Thanksgiving holiday took a bite out of the spot market last week with load posts on DAT One down 48% week over week to 1.3 million.