Economic trends

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
Joe Biden
Business
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
Business
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.
Business
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?
Regulations
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
Business
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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