Author: Fleet Owner Staff

Despite December low, trailer orders reach record high

FTR reports preliminary trailer orders for December at 28,000 units, a 38% drop from November and 39% below a year ago.  Trailer order activity moderated in December after experiencing tremendous levels over the previous three months. Total trailers

Spot rates slump as truck capacity comes back strong

The number of available trucks on the spot truckload freight market jumped 77% during the week ending Jan. 12, well ahead of the 9% gain in available loads, said DAT Solutions, which operates the DAT network of load boards.
The surge in capacity and

Spot rates' latest rise may be temporary

Tighter capacity led to a 3-cent increase in the national average spot rates for dry van, reefer, and flatbed freight. The trend may be brief, however, as lower fuel surcharges and weaker rates on many high-traffic lanes may impact rates.

Meritor launches 22 electrification programs

In addition to the 130 fully electric trucks hitting the road, 60 of these trucks received funding from the California Air Resources Board as part of a broader effort to reduce carbon emissions in freight facilities.