freight market

Oil Prices Tanked After Iran Reopened the Strait of Hormuz — Here's What It Means for Diesel Truckers may finally be catching a little relief at the fuel pump after oil prices dropped sharply on April 17 following Iran's announcement that the Strait of Hormuz was back open to commercial vessels...

Used Class 8 Truck Sales Are Picking Up — But Buyers Aren't Going All In Just Yet The used truck market showed more life in March, and if you're an owner-operator or small fleet watching every equipment dollar, that's worth paying attention to. ACT Research reported that preliminary...

Port and Rail Freight Costs Are Rising Again — And This Time It's Coming From Every Direction If you've been waiting for a sign that freight conditions are shifting, ITS Logistics just handed you one. The company's April U.S. Port/Rail Ramp Freight Index shows every major port and rail region...

U.S. Trailer Orders Jumped 42% in March — But Don't Pop the Champagne Yet There was finally some life in the U.S. trailer market in March, but it's a little too early to call it a full recovery. ACT Research reported preliminary net trailer orders came in at 18,800 units for the month, up...

New data on Class 8 truck orders is adding fuel to the argument that the long trucking downturn may finally be nearing its bottom. Recent reports from industry analysts show a noticeable increase in new truck orders, a sign that fleets could be preparing for stronger freight demand ahead...