Economy

Rates up: A result of last week’s ELD protests?

Rates haven't been as good as they were last week since the Snowpocalypse of 2014, notes DAT's Ken Harper. But before you attribute that to the number of owner-operators who shut down last week in solidarity with ELD protests around the country, consider truck posts on DAT boards weren't off by much. Reefer, van demand updates here.

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Rates and volumes way up in the spot market

Any owner-operators shutting down this week in protest of the electronic logging device mandate might have missed some of the best freight and rate conditions on the spot market that have been seen in the past several years. Updates for dry van, flatbed, based on last week's data.

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ELDs not alone in driving up rates

These factors indeed point to a capacity crunch – Noel Perry predicts it happening between March and July – that clearly exceeds the market’s typical ups and downs.

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Fast-changing economy could upend trucking, analyst says

The U.S. economy is in the midst of major shifts in the way consumers buy and receive goods, and some of the largest segments of the economy — such as prominent freight-producing sectors like the food and automobile industries — will be upended in the coming decades, said forecasters at the FTR Conference.

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An ELD rate boost? Maybe, but look out for the safety banana peel

"The real tragedy is the runaway economic and safety burden will fall on an unsuspecting public at a time when economic stress has been at an all-time high since the Great Depression." --reader and truck owner Gary Carlisle

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Trucking employment slipped again in June

June’s trucking jobs dip comes amid an otherwise solid month for employment for the U.S. economy, which added 222,000 jobs in the month. The country’s unemployment rate was 4.4 percent.

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FTR’s Perry joins Truckstop.com as chief economist

Perry specializes in analyzing risks in the transportation market and focuses on the underlying fundamentals of transport demand, operations and competition. 

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Used truck glut can spell bargains for buyers

By January 2017, retail prices for 3- to 5-year-old sleeper tractors averaged $65,910. That was $7,412 lower than the same group a year ago, and with 2.2 percent fewer miles.

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Owner-operators trend optimistic about business in 2017

We can take the optimism expressed in these results with a crunchy-good grain of road salt or sand, but for the first time in the few years, a majority of owner-operators think this coming year will be better than the last. Recent indicators agree...

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Readers see racial element in U.S. election

White-grievance or -identity politics, a majority of November/December OverdriveOnline.com poll respondents noted, did play a role among Trump’s voters, while a more vocal minority believed it didn’t.

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