Economic trends

Biden blames major jobs report miss on COVID as trucking pulls ahead

Though trucking emerged with positive growth, the overall jobs report for August shows a roughly 68% plunge from analysts' forecast which President Joe Biden blamed on the COVID resurgence.

September 3, 2021

Owner-operator income saw strong 2020 gains

The average net income in 2020 for leased and independent operators combined jumped to $67,742 in 2020, thanks to pandemic-related changes.

March 16, 2021

WTI flatbed truck on highway

Peering through the fog of 2021 spot freight and rates

We asked forecasters at DAT Solutions to peer through the fog and try to make sense of what lies ahead for freight demand and rates in 2021. The underlying forces in the spot market appear to point to a coming slowdown, though wildcards remain.

March 10, 2021

With the spot market jarred, we asked analysts and forecasters at DAT Solutions to peer through the fog and try to make sense of what lies ahead for freight demand and rates in 2021. The underlying forces appear to point to a coming spot freight slowdown, though wildcards remain.

Expect pandemic-boosted retail freight to stay strong, analyst says

Businesses that have benefited from the pandemic will likely stay strong even as services compete for consumers' discretionary spending.

February 26, 2021

Will Amazon and other businesses that have enjoyed a pandemic boost see it fade much as the economy reopens?

FMCSA's clearinghouse has sidelined more than 50,000 drivers

Most of the 52,000 drivers who lost their jobs in 2020 due to drug and alcohol violations have not completed their return-to-work procedure. Many are expected to find work outside of trucking.

February 10, 2021

Gloved hand about to dip a test strip into a urine sample

Analysts optimistic on trucking after chaotic year

2020’s strong second half and prospects for continued high freight demand bode well into 2022, FTR says. However, several factors will affect the timing and intensity of further recovery.

January 18, 2021

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Youtube

One owner-op's long road to steady dry-bulk freight, for the whole family

In this Overdrive Radio edition out on a dry-bulk haul with Kentucky-based John McCormick, the owner-operator lays out his own and his father's different histories in trucking. Their stories converged in recent years on this regular run.

John Highley's 2018 Kenworth W900L

John Highley’s custom specialized-freight-hauling 2018 W900L

Trucks Exiting Scale

More freight fraud inbound? Pessimistic rates outlook sets the stage

Kelvin Schmidt's 2018 Volvo, parked at home

Always headed home: Owner-op pulls in profit with a single goal in mind

Cummins new for 2023.

Cummins new for 2023.

One owner-op's long road to steady dry-bulk freight, for the whole family

More episodes »

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