lmi

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

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

Transportation capacity steps higher in August, survey shows

Growth in transportation capacity accelerated in August while price increases slowed, a sentiment survey revealed on Tuesday.

The Logistics Managers’ Index, a monthly poll of supply chain executives, returned a 56.7 reading for transportation capacity in August, 5.8 percentage points higher than in July and the highest reading since May. (The LMI is a diffusion index in which a reading above 50 indicates expansion while one below 50 signals contraction.)

The report said the heightened view on...

https://www.freightwaves.com/news/transportation-capacity-steps-higher-in-august-survey-shows

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

Transportation capacity, pricing sentiment signaling recovery

Sentiment around transportation capacity signaled slight growth in July. However, readings on utilization and pricing increased more meaningfully, suggesting a freight market correction is on the horizon.

The Logistics Managers’ Index (LMI), a survey of logistics supply executives regarding eight key components of the supply chain, displayed a 50.9 reading for transportation capacity in the month. That was less than 1 percentage point higher than in June and just barely into expansion territory....

https://www.freightwaves.com/news/transportation-capacity-pricing-sentiment-signaling-recovery

Transportation capacity in June: No growth for first time in over 2 years

A monthly supply chain survey registered a neutral reading for transportation capacity in June, the first time in more than two years the index didn’t expand. Sentiment around transportation pricing signaled growth for a second consecutive month.

The Logistics Managers’ Index (LMI) displayed a 50 reading for capacity in June. The last nongrowth reading on transportation capacity was in March 2022, just ahead of the freight recession’s onset. The capacity subindex was 7.3 percentage points lower...

https://www.freightwaves.com/news/transportation-capacity-in-june-no-growth-for-first-time-in-over-2-years

May sentiment survey sees higher transportation rates but capacity up again

Sentiment on transportation pricing among supply chain executives flipped from contraction to expansion in May, a monthly survey showed on Tuesday. While the pricing data set inflected positively during the month, the capacity subindex stubbornly remained in growth mode as well.

The Logistics Managers’ Index (LMI), a compilation of eight key components of the supply chain, increased 2.7 percentage points from April to a reading of 55.6 in May. The LMI is a diffusion index in which a reading...

https://www.freightwaves.com/news/may-sentiment-survey-sees-higher-transportation-rates-but-capacity-up-again

CVSA International Roadcheck hits Tuesday-Thursday

CVSA International Roadcheck hits Tuesday-Thursday
(Photo: Jim Allen/FreightWaves)

The Commercial Vehicle Safety Alliance (CVSA) is holding its annual International Roadcheck next Tuesday through Thursday, with a focus on tractor protection systems and alcohol and controlled substance possession. This high-volume, 72-hour enforcement blitz will see some smaller fleets and owner-operators take time off to avoid potential violations and possibly being put out of service. The yearly event causes...

https://www.freightwaves.com/news/cvsa-international-roadcheck-hits-tuesday-thursday

Transportation metrics weak in April but improve throughout month

Transportation metrics weakened in April, results from a monthly supply chain sentiment survey showed Tuesday. Following three straight months of expansion, freight rates slipped back into contraction territory, the report highlighted.

The transportation prices subindex (44.1 reading) fell 8.9 percentage points from March, with declining fuel prices presenting a modest drag on the data set. Transportation capacity (61.4) was up 1.8 points, remaining in “a robust rate of growth,” while...

https://www.freightwaves.com/news/transportation-metrics-weak-in-april-but-improve-throughout-month

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