U.S. single-family homebuilding increased for a second straight month in March, following a 3.36% sequential gain. According to the U.S. Census Bureau, building permits, a leading indicator of future flatbed demand, increased by 4% m/m, offering some glimmers of hope for the depressed housing market ahead of the busy spring selling season. The industry started…
Last September, we wrote about carrier profitability and operating costs when spot rates fell and diesel came off record highs. At the time, we estimated operating costs for a typical long-haul truck operator to be around $2.01/mile – that includes wages, finance, insurance … basically everything it costs to run a truck and pay a…
As we head into planting season, combine harvester sales in the U.S. and Canada continue to grow while tractor sales are tracking closely with their 5-year average, according to the latest data from the Association of Equipment Manufacturers (AEM). This is good news for flatbed and specialized carriers looking to gauge service demand this season.…
Almost every week, the USDA reports a slight shortage of trucks to haul sweet potatoes in Eastern North Carolina despite the season being well past the shipping peak in November each year. According to the USDA, the coastal plains region of North Carolina produced around 67% of total annual sweet potato production in the last…