Uncertainty in the supply chain and commodity price vagaries are stretching out trailer orders beyond traditional cycles.
Don’t expect the restrictions that truck manufacturers are imposing on Class 8 order intake to last. There’s too much at stake.
New trailer orders surged to their highest level in 15 months in March, but a supply chain fraught with trouble means it could be an anomaly.
FreightWaves Founder and CEO Craig Fuller analyzes methods to generate more revenue in a trucking downturn.
Top commodities by weight and value
From a shortage of truck production workers to parts depot staff, Daimler Trucks North America is trying to keep up with blistering demand.
New trailer orders slid dramatically in April as manufacturers had more dry and refrigerated van bookings than they could build.
We spoke with Mark Haraburda about FreightWaves’ new data and content partnership with Barchart, a leading digital provider of commodities and futures data.
Global sugar prices fall over record production and decreasing demand; oil squeeze looks to be inevitable; Walmart’s size might not help much if prices keep increasing and trucking market remains tight.
The price for cartons of lemons (sizes 95-115) at wholesale was $36 to $39 on June 1 and as of last Friday was $52 to $55.
“We’re still in a little bit of wait and see mode in terms of detail, but I think the outcome is pretty positive in my mind,” said Clive McDonnell, the Singapore-based head of emerging market equity strategy at Standard Chartered Bank.
The value of commodity indexes has grown about twice as fast as equities indexes in 2018 so far, prompting a wave of capital expenditure in timber, mining, and oil extraction and keeping demand for truckload miles hot.
Data from the Institute of Supply Management shows that manufacturing activity lost some momentum in April, as the current capacity crunch and recent tariffs have impacted production flows
The Federal Reserve reports the economy is still looking good, but still not without issues. Commodity prices surge and the impacts to trucking.
Volatility returns to commodity markets, with oil, aluminum, and nickel posting huge price increases. How long will these price shocks last, and how will they affect the economy?
The threat of retaliatory tariffs on American agricultural products could hurt wheat exports, which are already struggling to compete on the international market. Railroad grains volumes in 2018 YTD are down, in many cases by double digits.
