Blog thumbnail

COVID-19 Effect on Trucking (Fall 2020)

COVID-19 Effect on Trucking (Fall 2020)

Blog thumbnail

There are signs that trucking market continues to perform at a level higher than the overall economy.  Perhaps because the shopping that consumers have been doing throughout the COVID-19 crisis has been mostly about products/goods and supplies rather than service and travel-oriented spending, keeping the trucking industry quite busy. This period of volume growth for the…

Blog thumbnail

Covid Effect on Trucking (Summer 2020)

Covid Effect on Trucking (Summer 2020)

Blog thumbnail

We have been moving slowly and nervously through this COVID-19 crisis now for more than 3 months.  We hear the word unprecedented over and over because we have no real experience to look back on, especially involving trucking.  Many trucking companies have adapted and learned how to be flexible, creative, prepared and determined.  But the pandemic has definitely…

Blog thumbnail

COVID-19 Pandemic & Market Woes (Spring 2020)

COVID-19 Pandemic & Market Woes (Spring 2020)

Blog thumbnail

The world has adapted and survived various ups and downs over decades, however the COVID-19 pandemic is the biggest challenge for lives of people, the way we live and world economies.  Current pandemic is creating more than just fear of catching the virus, it is impacting the commercial trucking industry severely.  With all forms of transportation being…

Blog thumbnail

Spring 2020 Heavy Duty Industry Update – How Bad Can It Get?

Spring 2020 Heavy Duty Industry Update – How Bad Can It Get?

Blog thumbnail

Not so long ago, forecasts for the 2020 truck and trailer market were that we should expect a “correction.”  The strong 2019 market began to lose its luster in the final months of the year and opened 2020 as expected, without a bang.  But how much worse it has actually become, could not have been forecasted.  The unprecedented…

Blog thumbnail

Industry Update – Watching the Market

Industry Update – Watching the Market

Blog thumbnail

The high-expectations for orders in the Class 8 market have leveled out to a more modest strength,   November booking less than October by 4400 units.  Medium duty markets as well showing weakness in demand, caused by lower orders, falling backlogs and overstocked inventories.   Trailer supply has nearly caught up with trailer demand, sending ordering levels into a flat…

Hit Enter to search or Esc key to close