Wabash and J.B. Hunt Transport have signed a multiyear deal that will supply J.B. Hunt with 15,000 trailers. The size and scope of the pact are significant, as the past two years saw pandemic-related supply chain disruptions throttle up new trailer orders, causing the average age of existing trailers to rise.
Sell-side research analysts have made their bets on trucking in 2021. Some believe a continuation in consumer spending and inventory restocking will benefit truckload carriers while others see less-than-truckload carriers gaining traction as the industrial economy advances.
The Cass Freight Index returns positive trends for shipments in October. The expectation is strong volumes will continue with the outlook for higher expenditures on the horizon.
Cass data for the month of August shows significant acceleration in demand and rates but the comparisons to 2019 still lag other data sources.
Declines in Cass freight data continue to outpace the industry by a considerable margin. The firm sees improved results on the horizon.
The truckload carriers have reported solid results to start second quarter earnings season, but some load data is still lagging.
Worse-than-expected data from Cass shows year-over-year declines grew in shipments and expenditures. Intermodal pricing falls out of bed.
April’s 20% year-over-year declines in Cass data may mark the bottom of the COVID-19 downturn.
Cass data plummets further, erasing any chance of second-quarter year-over-year growth in shipments and freight costs, according to report.
Stifel Financial sees an OK first quarter, but the picture gets less clear after that, with risks to second-quarter earnings estimates.
Stifel Financial’s conference call with industry executives forecasts supply chain disruption extending to July or longer.
Virus-related demand headwinds bring fresh declines in February Cass data. Visibility into a potential trucking recovery is further clouded.
Declines in Cass data accelerate but report calls for rates to inflect higher in 2020.
Truckload carrier heads talk demand, rates and capacity at investor conference.
The Cass Freight Index sees its steepest decline in shipments since the Great Recession.
Cass freight data shows softness again in November. While shipment declines extend to a full year, the rate of the declines may be moderating.
Cass announces two new partnerships designed to enhance the reporting and data methodology of its Cass Transportation Indexes.
