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Tag: recession
Overdrive Extra
‘We drive on’: A week in the pandemic, from truck stops, picks and drops, to home
Long Haul Paul Marhoefer shares insights on how the coronavirus is directly affecting his own trucking life, and others'. More on Overdrive.
March 16, 2020
Channel 19
Round-up: When a negative for investors is a positive for drivers, and early look at fully-electric Mack truck
Driver pay is bringing more cost to carriers, and that’s a good thing. Take the good with the bad, though: Freight outlook for the year, judging by the past few, isn’t great. Also: Mack’s first LR all-electric refuse truck goes to NYC sanitation, brief video ahead of WasteExpo next month.
April 23, 2019
Business
5 ways to prep for the downturn: With the economy cooling, owner-operators must be ready for leaner times
Owner-operators, especially those who’ve recently transitioned from company driver to leased owner-operator, or from leased operator to independent with operating authority, are perhaps most at risk in the next recession. Here are five key areas to help any owner-operator lay the groundwork for survival.
January 4, 2019
Overdrive Extra
2019’s crystal ball: Hot sectors, interest rates, used truck pricing, small-fleet hiring
A month from now, we’ll be inundated with experts reading the trucking tea leaves for 2019. Rather not wait for their pronouncements? Here’s an early jump on new-year predictions, as well as trends that go beyond 2019.
November 21, 2018
Overdrive Extra
Flatbed operators prospering as economy rebounds
Through September, flatbedder clients of ATBS had net income of $51,602. Even though miles driven did not change much during the first three quarters, net income per mile rose dramatically each quarter, indicating rapidly rising rates: 67.3 cents per mile, 74.7 cpm and 81.7 cpm.
November 17, 2017
Business
Rates could see a big boost in 2017 and 2018, forecasters say
The combination of major trucking regulations like the DOT’s electronic logging device mandate and the EPA’s coming emissions standards, increasing fuel costs and a boost in manufacturing will likely lead to an industry capacity crunch and a big increase in rates, said forecasters this week.
September 15, 2016
Business
State of freight: Market pressure on driver pay stalled?
Though recent years have shown better trends, with pay rising fairly sharply for company drivers and independents alike, there’s evidence from carrier surveys that such increases have now lulled. Lower volume expectations indicate increases in driver pay could be limited in 2016.
February 11, 2016
Business
Probability of recession in 2016 small, say analysts
At once, some put the probability of a true recession by 2018 around 80 percent. “Go long with your shippers” to solidify relationships, panelists at Truckstop.com’s user conference urge.
November 11, 2015
Business
Pay trends, part 1: Near-term forecast mixed
While industry analysts say rising owner-operator compensation for both leased drivers and independents is on a slow rise, anecdotal reports and some polls suggest otherwise.
October 15, 2012
Business
Freedom drives prosperity, economist tells fleet execs
Speaking to attendees of the inaugural Great West Fleet Executive Conference in Vegas on Wednesday, noted economist Dr. Barry Asmus gave an enthusiastic endorsement of American exceptionalism and the importance of maintaining freedom and limited government to our country’s future. With less than 5 percent of the world’s population, the United States produces 30 percent […]
June 14, 2012
Business
FTR: Hours rule delay postpones ‘crisis’
Trucking will not be able to restore quickly the driver and truck capacity it lost during the recession.
December 9, 2011
Business
Pulse
As you weigh any possibilities for expansion or changing carriers, consider these current resources to help assess your situation.
July 1, 2011
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