Alexandria, VA - NATSO, representing the travel plaza and truckstop industry, shared today with state and local governments as well as key members of the trucking industry a letter it received from the U.S. Department of Transportation stating that travel plazas and truckstops represent “essential businesses” that are vital to the nation’s emergency relief efforts as the United States grapples with COVID-19. Although many businesses will have to alter their services in the coming weeks, this letter reaffirms that truckstops and travel centers will remain open for business, providing fuel, food, and other amenities to the nation’s truck drivers.
FTR’s Trucking Conditions Index for July fell to a -5.59 reading from +0.95 in June as freight rates were the least favorable for trucking companies since April and most other…
View ArticleStagnant truck freight fundamentals in 2024 are continuing to suppress U.S. trailer demand. Total trailer build decreased by 3% m/m and 39% y/y in August, totaling just 17,535 units. This…
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