WebJun 16, 2024 · In this white paper, the Freight Intel Group establishes a definition for a freight recession: some combination of multi-quarter consecutive drops in Monday, … WebNov 22, 2024 · Friday, February 3, 2024. Home; Research. 3PLs; Carrier Outlook; Featured; Financials; Freight Market Outlook
Truckload capacity flips from unsustainably tight to unsustainably ...
WebDec 20, 2024 · Rachel Premack. · Tuesday, December 20, 2024. Trucking conditions aren't so hot this year. (Jim Allen/FreightWaves) Troy Hawkins, a longtime trucking owner-operator, enjoyed a take-home pay of around $70,000 in 2024. But, this year, he estimates his income has sunk to about $45,000 or $50,000. It’s not because the Baltimore-based … WebJun 1, 2024 · FreightWaves notes that dry van rates could be down as much as 37% since the end of 2024, which sparked it to say that a trucking recession may be on the horizon. Source March 2024 also broke the norm with an unusually soft truckload freight market . maytronics dolphin impeller
ATRI’s Latest Operational Costs Report Documents the Scale of …
WebAs of publication on Wednesday, FreightWaves was unable to confirm that Cromex Inc. had filed for bankruptcy. Cromex listed 15 power units and 16 drivers when it updated its MCS-150 form in October 2024, according to the Federal Motor Carrier Safety Administration's SAFER website. However, one of the drivers said that number had dropped to ... WebJan 3, 2024 · According to FreightWaves, in the first half of 2024, 640 freight companies have shut down. On average, the companies had around 30 drivers, resulting in over 20,000 trucks being removed from the roads. In all of 2024, 310 trucking companies closed down. The current trucking recession is hitting small carriers particularly hard as they operate ... WebApr 27, 2024 · Based on various data trends, several industry analysts, including those on Wall Street, are predicting the U.S. is heading toward a freight recession — that is, a period of declining freight volume, declining spot/contract rates, and declining tender rejection rates. “ Bank of America sounding the alarm on collapsing freight demand ” is ... maytronics dolphin login