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Truck Market Analysis: Q2 2018

The main factors affecting the truck market in the second quarter are the Road Check, ELD Mandate, produce season and driver shortages. Additionally, rising fuel prices and the increasing load-to-truck ratio will have a heavy impact on the market in the summer months of 2018. Nationwide Road Check June 5th-7th The Commercial Vehicle Safety Alliance’s […]

Truck Market Analysis: Q1 2018

There are a multitude of factors contributing to the tight truck market that we will cover in this article: ELD Mandate, Consumer Confidence/Spot Market, Driver Shortage, Visa Enforcement and Weather. Electronic Logging Devices (ELDs) The Federal Motor Carrier Safety Administration (FMCSA), a branch of the US Department of Transportation (DOT), has mandated the installation of […]

Electronic Logging Device: What is the ELD Mandate?

Tight Truck Market/Mid-Year Outlook

Consumer confidence, ELDs and the driver shortage are driving the tight truck market.   Increased Tonnage and Volume due to Consumer Confidence According to the Market Demand Index (graph to the left), the spot market indicator rose to 35.3 in the last weekly update, compared to one year ago when the index was at 15.9. […]