Heavy-Duty Sleeper Truck Values in Long-Term Slide with Further Decreases Likely
Inventory levels for used heavy-duty sleeper trucks in Sandhills Global marketplaces have been rising since January 2022.
In California, Independent Truckers Face Uncertain Future
A California law making it harder for trucking companies to classify drivers as independent contractors is now in effect—with big implications for truckers at America’s largest ports.
With Warehouse Vacancy Rates Rising, Will This Be a Problem for Prologis?
As the U.S. enters 2023, fears of a recession are building after the Federal Reserve aggressively hiked the federal funds rate to get inflation under control. The Fed's tightening cycle was one of the most aggressive in history, and aggressive cycles usually trigger recessions. In a recession, consumer spending generally falls, which is bad for the retail sector...
Intermodal Briefs: Port Houston, Port of Oakland
While Port Houston in Texas posted record volume in 2022, December volume declined. Also, the Port of Oakland in California experienced full-year 2022 and December 2022 container volume falloffs...
JB Hunt eyes revival in struggling intermodal market, but it will be a hard slog
After a disappointing 2022, intermodal heavyweight JB Hunt is resigned to a flat first quarter – but hopes for a revival in the spring, citing positive signals from clients.
However, the intermodal market in the US is facing serious headwinds, which may not dissipate until much later this year...
Small Package-Delivery Companies Grow as Businesses Seek Alternatives to UPS, FedEx
Regional delivery companies try to add to pandemic gains, in part by capitalizing on possible strike at UPS. Smaller parcel carriers made big gains during the pandemic handling packages that the larger players couldn’t deliver. Some want to get bigger....