Last month was a somber one for trailer sales, as the numbers were lower than they were the same month in 2020. This month is a little more disheartening than that, as not only was July 2021 lower than July 2020, but June 2021 as well. July 2021 Trailer Sales Freight Transportation Research (FTR) estimates […]
On August 5th, Joseph Robinette Biden Junior signed “Executive Order on Strengthening American Leadership in Clean Cars and Trucks.“ It instructs various entities within the executive branch such as the Department of Transportation and Environmental Protection Agency to work towards better truck emission standards on all vehicles, especially heavy-duty trucks and their engines. Truck Emissions […]
Trailer orders might have ended their 2021 year-over-year increase streak in June, but truck orders are still going strong in July 2021. ACT and FTR have the estimates. Truck Orders for July 2021 ACT Research pins the number at 25,800 units sold in the month; FTR, 26,500. The order numbers are ever so slightly down […]
The Bureau of Labor Statistics (BLS) has updated the numbers for the trucking industry yet again. The numbers, while mostly preliminary, are looking good. Trucking Job Numbers Every month, the BLS updates the data for the last three months. They make a new preliminary estimate, revise an older preliminary, and solidify the final number for […]
DAT Freight & Analytics has updated its freight rates for July. Here is what the freight rates are for July 2021, as well as the previous two months having their numbers updated. Freight Rate Numbers for July Dry van went up six cents, an increase of two percent, to a total of $2.73 per mile. […]
Tesla Motors has announced that the launch date for the Tesla Semi has officially been pushed back to 2022. Details The news comes from Tesla’s investor call on Monday, July 26th. Tesla says that the decision to delay comes not only from the battery cell shortage from earlier, but also from other components. In particular, […]
On the 22nd of July, Senator Todd Young (R-IN) introduced bill S.2435 co-sponsored by Senator Ben Cardin (D-MD) to repeal the Federal Excise Tax (FET) on new heavy-duty truck purchases. This is not the first time that the FET has been under scrutiny, but with senators behind it, it is the furthest it has traveled […]
It should not be a surprise to anyone that governments tend to be lazy, even with each other. Federal regulations call for states where drivers are convicted to transmit conviction data to the state where the driver is licensed either electronically via the paperless Commercial Driver’s License Information System (CDLIS), or by mail, but not […]
The Commercial Vehicle Safety Alliance (CVSA) may have a week of brake inspections coming up, but that was warned of months in advance. On May 26th, the CVSA performed an unannounced day of a blitz of safety inspections. Here is what they found. Brake Inspection Day Results The day-long event took place across the three […]
Anyone who has been in the trucking industry for longer than a year knows that demand for trucks (new, used, and components) is rapidly outpacing supply, at least for the short term. What better time to leverage your position than when you are needed most? Whether that was their plan or the timing just happened […]