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Daily Archives: December 19, 2022

Market Update: New truck order books are open, but the industry faces headwinds

news, PublicationsBy marcusDecember 19, 2022

On a recent DAT Freight & Analytics iQ show, Tim Denoyer, Vice President and Senior Analyst at ACT Research, discussed the economic outlook for trucking in 2023. Here’s part of the interview with Ken Adamo, Chief of Analytics, and Dean Croke, Principal Market Analyst. Dean Croke: Let’s start with inflation, Tim. Following record highs this year,…

Flatbed Report: Carriers remain bullish based on new truck and trailer orders

PublicationsBy marcusDecember 19, 2022

The latest data for new equipment orders from ACT Research for November indicate carriers continue to have a bullish outlook for 2023. Preliminary new Class 8 truck net orders continue at robust levels, with November’s 33,000 orders down 22% m/m but up 245% y/y against easy comparisons to last year when order books remained closed.…

Reefer Report: Weather puts the squeeze on grapes this year

PublicationsBy marcusDecember 19, 2022

Like most produce growers in California, grape growers also faced various challenges in 2022. Katie Driver, Technical Services Manager for UPL North America, described the year as a “wild ride for agriculture starting with a frost that came through in the spring wiping out some grape crops and forced some tough decisions for growers. It’s…

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