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Tag: Economy: Page 2
Business
Profits at large public fleets continue to swell
The strong numbers stem from a booming freight economy that has tested industry capacity and spurred big rate hikes, with carriers posting revenue increases for the first nine months as high as a billion dollars and profit growth as much as $100 million.
November 6, 2018
Business
Like other trucking indicators, industry employment on a hot streak
According to the Department of Labor, the trucking industry added another significant amount jobs in September. Get more details here on Overdrive Online.
October 9, 2018
Overdrive Extra
In this hot market, remember to learn while you earn
In a strong freight market, truck drivers see career move risks tilting in their favor. Get more information and other trucking news here on Overdrive Online.
September 27, 2018
Overdrive Radio
Owner-operator income benchmarking, freight relationships and best practices
Listen as Todd Amen, Keven Rutherford, and Richard DeForest take on current events in trucking, how to deal with customers, and best business practices.
September 21, 2018
Business
Freight boom, ELDs created ‘most disruptive time seen in trucking’
The FTR Conference covered trucking and the combination of economic growth, ELDs and hurricanes forcing record-tight truck capacity and historically high rates.
September 18, 2018
Overdrive Radio
How long will good times in the economy last? And: Mailbag from the no-parking trail
Truckstop.com panelists discuss predictions for how long economic conditions will continue to favor trucking. Plus, owner-operator expresses parking dismay.
June 1, 2018
Overdrive Radio
Podcast special edition: Lay of the land for owner-ops, by the numbers again with ATBS’ Todd Amen
This special edition of the Overdrive Radio podcast features audio from ATBS President Todd Amen’s March 20 conference call for owner-operators outlining annual mileage, revenue and income averages from 2017, among other metrics, for segments among its clients — with a look ahead through this year.
March 20, 2018
Overdrive Extra
Hot economy pushes flatbedders’ income way above their peers
ATBS averages for independents and dry van haulers in 2017 were close to $60,000, but reefer haulers averaged only $49,267.
February 8, 2018
Channel 19
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.
October 11, 2017
Business
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.
October 6, 2017
Overdrive Extra
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.
September 29, 2017
Business
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.
September 15, 2017
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