November trailer orders rise but remain below expectations

November trailer orders rise but remain below expectations

Recent trailer data released by ACT Research and FTR Transportation Intelligence showed net trailer orders improving compared to October but below seasonal expectations, as fleets prioritize spending on Class 8 tractors. ACT Research reported November net trailer orders rose 23% to 20,800 units. Year-to-date orders are at 139,100 units, down 34% compared to November 2023’s total ytd orders at 211,000 bookings. While bookings rose, so did...

https://www.freightwaves.com/news/november-trailer-orders-rise-but-remain-below-expectations

November Class 8 Orders see positive momentum amid tariff uncertainty

November Class 8 Orders see positive momentum amid tariff uncertainty

Preliminary Class 8 order numbers look promising for November but remain lower compared to last year, according to recent data from ACT Research and FTR Transportation Intelligence. ACT Research reported November preliminary Class 8 orders at 37,200 units, a 21% increase from last month but 11% lower than last year. Kenny Vieth, president and senior analyst at ACT Research, wrote in the release, “We are still in the early...

https://www.freightwaves.com/news/november-class-8-orders-see-positive-momentum-amid-tariff-uncertainty

ACT Research forecasts market upswing in 2025

ACT Research forecasts market upswing in 2025

If 2024 was considered a freight market rebalancing for truckload, then 2025 is projected to be the end of the freight recession in the for-hire space, according to ACT Research. Its 58-page freight forecast paired aggregate spot data provided by DAT with a proprietary Supply-Demand balance curve. In the release, Tim Denoyer, vice president and senior analyst at ACT Research, said, “Currently, with a significant capacity contraction by for-hire...

https://www.freightwaves.com/news/act-research-forecasts-market-upswing-in-2025

Strong Class 8 orders beat seasonal expectations

Strong Class 8 orders beat seasonal expectations

Class 8 preliminary truck orders roared back to life as OEMs’ 2025 order books opened up, according to recent data from both ACT Research and FTR Transportation Intelligence. ACT reported that September saw 37,100 initial orders, double the number compared to August and up 0.3% year over year. Kenny Vieth, president and senior analyst at ACT Research, noted the Class 8 order jump was “well above trend and seasonally elevated expectations in...

https://www.freightwaves.com/news/strong-class-8-orders-beat-seasonal-expectations

New study shows detention improving slightly but still pervasive

Costs and Consequences of Truck Driver Detention: A Comprehensive Analysis

(Source: ATRI)

The American Transportation Research Institute recently released a report detailing the impacts and costs associated with truck driver detention. ATRI’s report defined detention as, “any time spent at a customer facility in which a driver is waiting for active operations to commence or resume is operationally considered detention, this research follows a standard industry definition of detention as any dwell...

https://www.freightwaves.com/news/new-study-shows-detention-improving-slightly-but-still-pervasive

Driver compensation rises despite poor freight market

Driver compensation rises despite poor freight market
(Photo: Jim Allen/FreightWaves)

On Tuesday, American Trucking Associations released its latest driver compensation study, which showed continued increases in driver pay in the past two years despite a deterioration in freight market conditions. The survey collected the data of over 120 fleets, which comprised more than 150,000 employee drivers and 14,000 independent contractors. 

Key findings in the the survey:

  • Truckload drivers earned median...

https://www.freightwaves.com/news/driver-compensation-rises-despite-poor-freight-market

J.B. Hunt partnership with Kodiak reaches 50,000-mile milestone

J.B. Hunt partnership with Kodiak reaches 50,000-mile milestone
(Photo: J.B. Hunt)

On Wednesday, J.B. Hunt announced the completion of 50,000 autonomous long-haul trucking miles in a collaboration with autonomous trucking company Kodiak Robotics and Bridgestone Americas. The Kodiak autonomous trucks ship Bridgestone car tires between South Carolina and Dallas and have reported no accidents and 100% on-time pickup and delivery since launching in January. 

FreightWaves’ Todd Maiden writes: “The...

https://www.freightwaves.com/news/j-b-hunt-partnership-with-kodiak-reaches-50000-mile-milestone