Stay up to date by signing up for Fleet Equipment newsletters. Nov 25, 2020 (Market Insight Reports) -- The report provides … According to Kroes, vaccine distribution is the single biggest driver for broader economic recovery. With conditions favoring larger fleets, Kroes noted that we may continue to see the big fleets getting bigger through mergers and acquisitions in 2021. Kroes noted that the medium-duty market as a whole has been recovering well, mostly driven by e-commerce. Insights on specific revenue figures generated are also given in the report, along with projected revenue at the end of the forecast period. The trucking industry can benefit from a similar shift in the persona of a truck driver. These insights were prepared through mapping business strategies and products that offer high revenue generation capacities. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Each of these categories forms an important base point for the competitive landscape analysis. This is borne out, as Kroes noted, by ACT Research Co.’s tractor utilization metric (seen above), which sees the driver shortage heavily outpacing the amount of equipment fleets have. Key Points of the Global Freight TruckingMarket Report: The report provides a basic overview of the Freight Trucking industry including its definition, applications, and manufacturing technology. You can also contact MarketWatch Customer Service via our Customer Center. All quotes are in local exchange time. Watch videos from Fleet Equipment's "On The Road" series. Copyright © 2020 MarketWatch, Inc. All rights reserved. By. Truck driver behavior visibility: what is it and why does it matter? Note: All the reports that we list have been tracking the impact of COVID-19. on. The report provides a comprehensive analysis of key factors that are expected to drive the growth of the Freight Trucking market. The competitive landscape further includes details about different players and their position on a global and a local level is also explained in detail in this compiled study. The report provides rational insights along with historical and forecast data to aid in better understanding of the Global Freight Trucking Market. Hackers steal $2.3 million dollars from President Donald Trump’s re-election fund. Financial. Our mission is to provide the latest and most comprehensive news affecting the trucking industry with our award-winning journalism and news coverage that is informative, objective and engaging. The amount of hauling capacity is no better, so not only do fleets have to haul all of the toys and electronics and everything else that gets consumed during the holidays, they are still being asked to haul everything else.”. Lawsuits. Kroes calls the current supply vs. demand conditions a “perfect storm,” causing a severe imbalance between the two. Used on handheld devices, those applications are designed to improve productivity and make life on the road easier. Trucking News. Financial . Trucking Crime. Nov 12, 2020 The trucking industry has seen a steady increase in the number of apps available for drivers. Managing Editor of Fleet Equipment Magazine. “For nearly every driver that fleets have, they are putting them to work constantly,” he said. The report includes thorough compilation of the quantitative analysis of the industry for the period of 10 years in order to assist players to grow in the market. From a trucking industry standpoint, one of the biggest trends of the year has been issues with the supply chain––issues that have not been resolved, and may in fact become more pronounced during the upcoming holiday season. State of Trucking. The report also explores the major international players in detail. Trucking Industry News February 07, 2019: ATRI Releases Report On E-Commerce February 04, 2019: 3 ArcBest Drivers To Join 2019-2020 America's Road Team January 31, 2019: Averitt Releases Annual North American Supply Chain Survey Results January 28, 2019: Old Dominion Frieght Line Drives MLB Send-Off Events January 23, 2019: ArcBest Named a Top Employer For Diversity By Forbes January 17, … This analysis sheds light in the current trends and opportunities in the global Freight Trucking market. As we enter 2020 and the beginning of a new decade, here are three news items that may be indicators of phenomena worth watching in the trucking industry between now and 2023.

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