Orders for Trailers Reach Higher to Round Out 2022
With 2023 finally here, data from the end of 2022 is making the rounds, and it looks like trailer orders are heading in the right direction. FTR, the notable transportation intelligence organization, has reported that nearly 57,000 trailer orders were processed in December 2022. This represents a record not seen since October 2020. Interestingly, the […]
Why the Value of Trailers Fluctuates During Emergencies
Mexico’s government announced in late January that it has acquired hundreds of tanker trailers to alleviate fuel shortages and combat pipeline sabotage. Six hundred seventy-one tanker trucks and trailers, the equivalent of 140,000 barrels per day, were purchased at a cost of $92 million. The purchases are aimed at guaranteeing gasoline and diesel supplies are […]
Many Factors Contribute to Semi-Trailer Demand Rising
Road transportation for manufacturing, automotive, construction, energy, and agriculture is not only not going away anytime soon, it is vastly increasing in demand. The road freight transportation market in North America alone, is expected to grow at a steady rate of 4% each year for the next 4 years at least. According to ResearchAndMarkets.com, “The […]
FLATBED DEMAND RISES – TRAILER ORDERS SET ANOTHER RECORD IN FEBRUARY
During the first full week of March, the flatbed load-to-truck ratio hit an all-time high of 88.5, up from 79.9 the previous week and up from 61.8 a month before. The national average rate was at $2.50/mile – an increase of 11 cents from the previous week. Van and reefer trailer rates remained steady during […]
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