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		<title>Bob Costello to Break Down Trucking Economy at Truckload 2026</title>
		<link>https://truckdriversus.com/bob-costello-to-break-down-trucking-economy-at-truckload-2026/</link>
		
		<dc:creator><![CDATA[Truck Drivers U.S.A]]></dc:creator>
		<pubDate>Tue, 11 Nov 2025 14:00:09 +0000</pubDate>
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					<description><![CDATA[<p>Truckload 2026 is shaping up to be a must-attend event for drivers, fleet owners, and logistics professionals. Bob Costello, chief economist and senior vice president at the American Trucking Associations, [&#8230;]</p>
<p>The post <a href="https://truckdriversus.com/bob-costello-to-break-down-trucking-economy-at-truckload-2026/">Bob Costello to Break Down Trucking Economy at Truckload 2026</a> appeared first on <a href="https://truckdriversus.com">Truck Drivers USA</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><span data-contrast="auto">Truckload 2026 is shaping up to be a must-attend event for drivers, fleet owners, and logistics professionals. Bob Costello, chief economist and senior vice president at the </span><a href="https://www.trucking.org/"><span data-contrast="none">American Trucking Associations</span></a><span data-contrast="auto">, will give an economic update on Monday, March 2, at the </span><a href="https://truckload.org/"><span data-contrast="none">TCA Annual Convention</span></a><span data-contrast="auto"> in Orlando, Florida.</span><span data-ccp-props="{&quot;134233117&quot;:true,&quot;134233118&quot;:true,&quot;201341983&quot;:0,&quot;335559740&quot;:240}"> </span></p>
<p><span data-contrast="auto">“Join us Feb. 28 – March 3 at the Gaylord Palms in Orlando, Fla., for the truckload industry’s premier event,” TCA said. “From high-impact sessions like this to unmatched networking and celebration of our members, there’s no better place to prepare for the year ahead.”</span><span data-ccp-props="{&quot;134233117&quot;:true,&quot;134233118&quot;:true,&quot;201341983&quot;:0,&quot;335559740&quot;:240}"> </span></p>
<p><span data-contrast="auto">Costello is widely regarded as one of the most reliable voices on trucking economics. His session will cover key topics like freight demand, rate trends, consumer spending, inflation pressures, and how global markets can impact U.S. trucking. Drivers and carriers attending will walk away with insights to help plan routes, negotiate rates, and make smarter decisions for 2026.</span><span data-ccp-props="{&quot;134233117&quot;:true,&quot;134233118&quot;:true,&quot;201341983&quot;:0,&quot;335559740&quot;:240}"> </span></p>
<p><span data-contrast="auto">“Bob will unpack the trends shaping truckload in the year ahead,” TCA said. “From freight demand and rates to consumer spending, inflation pressures, and the broader global economy. His insights will help you anticipate challenges, identify opportunities, and align your strategy with the realities of today’s market.”</span><span data-ccp-props="{&quot;134233117&quot;:true,&quot;134233118&quot;:true,&quot;201341983&quot;:0,&quot;335559740&quot;:240}"> </span></p>
<p><span data-contrast="auto">Truckload 2026 also promises entertainment and networking beyond the economic sessions. NFL legend Jimmy Johnson will give the keynote, while Sugar Ray will close out the event with a live performance. Attendees can combine industry learning with a chance to relax and connect with peers from across the country.</span><span data-ccp-props="{&quot;134233117&quot;:true,&quot;134233118&quot;:true,&quot;201341983&quot;:0,&quot;335559740&quot;:240}"> </span></p>
<p><span data-contrast="auto">For truck drivers, small fleet operators, and dispatchers, sessions like Costello’s aren’t just numbers on a chart. They provide practical information that can affect pay, freight planning, and business decisions for the year ahead.</span><span data-ccp-props="{&quot;134233117&quot;:true,&quot;134233118&quot;:true,&quot;201341983&quot;:0,&quot;335559740&quot;:240}"> </span></p>
<p><em><span class="TextRun SCXW71749486 BCX0" lang="EN-US" xml:lang="EN-US" data-contrast="auto"><span class="NormalTextRun SCXW71749486 BCX0" data-ccp-parastyle="Normal (Web)">Source: </span></span><a class="Hyperlink SCXW71749486 BCX0" href="https://www.thetrucker.com/" target="_blank" rel="noreferrer noopener"><span class="TextRun Underlined SCXW71749486 BCX0" lang="EN-US" xml:lang="EN-US" data-contrast="none"><span class="NormalTextRun SCXW71749486 BCX0" data-ccp-charstyle="Hyperlink">The Trucker</span></span></a><span class="EOP SCXW71749486 BCX0" data-ccp-props="{&quot;134233117&quot;:true,&quot;134233118&quot;:true,&quot;201341983&quot;:0,&quot;335559740&quot;:240}"> </span></em></p>
<p><em>Image: American Trucking Associations</em></p>
<p>The post <a href="https://truckdriversus.com/bob-costello-to-break-down-trucking-economy-at-truckload-2026/">Bob Costello to Break Down Trucking Economy at Truckload 2026</a> appeared first on <a href="https://truckdriversus.com">Truck Drivers USA</a>.</p>
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		<title>Ryder Recognized as One of “America’s Most Innovative Companies</title>
		<link>https://truckdriversus.com/ryder-recognized-as-one-of-americas-most-innovative-companies/</link>
		
		<dc:creator><![CDATA[TruckDriversUSA]]></dc:creator>
		<pubDate>Tue, 15 Apr 2025 15:00:17 +0000</pubDate>
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		<guid isPermaLink="false">https://truckdriversus.com/?p=623830</guid>

					<description><![CDATA[<p>Ryder has secured a prestigious position on Fortune’s 2025 list of America’s Most Innovative Companies, a testament to the company’s focus on cutting-edge solutions and advancements. Karen Jones, Ryder’s Chief [&#8230;]</p>
<p>The post <a href="https://truckdriversus.com/ryder-recognized-as-one-of-americas-most-innovative-companies/">Ryder Recognized as One of “America’s Most Innovative Companies</a> appeared first on <a href="https://truckdriversus.com">Truck Drivers USA</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><a href="https://www.ryder.com/en-us">Ryder</a> has secured a prestigious position on Fortune’s 2025 list of <a href="https://fortune.com/ranking/americas-most-innovative-companies/">America’s Most Innovative Companies</a>, a testament to the company’s focus on cutting-edge solutions and advancements.</p>
<p>Karen Jones, Ryder’s Chief Marketing Officer and head of new product development, expressed pride in the recognition, stating, “To fully optimize supply chains and transportation networks, we continue to build on the $1.7 billion in strategic investments we have made since 2018 to develop, acquire, and invest in innovative customer-centric technologies, products, and services. This recognition from Fortune is a testament to our team’s dedication to shape the future of logistics.”</p>
<p>This honor follows another milestone for Ryder, which was also featured on <em>Fortune&#8217;s World’s Most Admired Companies</em> list for 2025 earlier this year.</p>
<h2><strong>The Role of Innovation and Collaboration</strong></h2>
<p>Its consistent collaboration with startups and tech leaders is at the core of Ryder’s forward-thinking approach. These partnerships aim to revolutionize areas such as e-commerce fulfillment, warehouse automation, robotics, digital logistics, artificial intelligence, and advanced vehicle technologies. Ryder’s strategy is designed to adapt to the shifting dynamics of modern supply chains while retaining its position as a logistics industry leader.</p>
<h3><strong>About the List</strong></h3>
<p><em>Fortune’s America’s Most Innovative Companies</em> recognizes 300 U.S.-based businesses that showcase exceptional performance in three fundamental areas:</p>
<ol>
<li><strong>Product Innovation</strong> – Assessed based on product uniqueness, usability, design, and market appeal.</li>
<li><strong>Process Innovation</strong> – Examines how businesses optimize processes, including production, marketing, sales, and customer support.</li>
<li><strong>Innovation Culture</strong> – Evaluates a company’s ability to nurture creativity and entrepreneurship within its workforce.</li>
</ol>
<p>Developed in collaboration with Statista, the rankings draw insights from surveys involving 40,000+ employees and 2,500 industry professionals. The analysis also includes a comprehensive review of companies’ intellectual property portfolios.</p>
<h3><strong>Ryder’s Smart and Efficient Solutions</strong></h3>
<p>Karen Jones explains that innovation at Ryder extends far beyond technology alone. “At Ryder, we recognize that innovation is not just about technology—it’s about finding smarter, more efficient ways to serve our customers and drive the industry forward. Over the past year, we have strengthened our supply chain solutions by expanding our capabilities in AI-driven analytics, process automation, and next-generation fleet technology. These advancements ensure our customers are well-equipped to meet the evolving challenges of modern logistics while optimizing their transportation networks for maximum efficiency.”</p>
<h3><strong>Ryder’s Game-Changing Innovations</strong></h3>
<p>Ryder has introduced many breakthrough technologies and initiatives to enhance the customer experience and reshape the logistics landscape.</p>
<ul>
<li><strong>RyderShare</strong> – A revolutionary logistics platform offering real-time, end-to-end visibility, enabling seamless collaboration for all stakeholders moving goods through the supply chain.</li>
<li><strong>RyderGyde – A</strong> unique app that allows drivers, fleet managers, and owners to manage fleet operations from anywhere on any device.</li>
<li><strong>Electric and Autonomous Vehicles</strong> – Ryder collaborates with cutting-edge manufacturers to bring electric vehicles, charging infrastructure, and autonomous systems to commercial logistics.</li>
<li><strong>RyderVentures</strong> – A $50 million fund that fosters partnerships and investments with emerging startups developing next-generation supply chain technologies.</li>
<li><strong>Baton, Ryder Technology Lab</strong> – Based in Silicon Valley, this innovation hub drives research and development to improve supply chain efficiency through advanced technology.</li>
</ul>
<p>Ryder’s dedication to innovation ensures its customers are always equipped to face new challenges, delivering smarter, greener, and more effective logistics solutions for the future of global supply chains.</p>
<p class="text-body"><i><span style="font-size: 11.0pt; font-family: 'Calibri',sans-serif;">Source: </span></i><a href="https://www.thetrucker.com/"><i><span style="font-size: 11.0pt; font-family: 'Calibri',sans-serif;">The Trucker</span></i></a><i><br />
</i><em>Image Source: Ryder</em></p>
<p>The post <a href="https://truckdriversus.com/ryder-recognized-as-one-of-americas-most-innovative-companies/">Ryder Recognized as One of “America’s Most Innovative Companies</a> appeared first on <a href="https://truckdriversus.com">Truck Drivers USA</a>.</p>
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		<title>OOIDA Foundation Freight Market Update Highlights Potential Market Shift</title>
		<link>https://truckdriversus.com/ooida-foundation-freight-market-update-highlights-potential-market-shift/</link>
		
		<dc:creator><![CDATA[Truck Drivers U.S.A]]></dc:creator>
		<pubDate>Mon, 06 Jan 2025 14:00:18 +0000</pubDate>
				<category><![CDATA[News]]></category>
		<category><![CDATA[class 8 truck sales]]></category>
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		<category><![CDATA[freight market update]]></category>
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		<guid isPermaLink="false">https://truckdriversus.com/?p=601467</guid>

					<description><![CDATA[<p>The OOIDA Foundation has released its December freight market update, suggesting that an upcycle for the freight industry may be on the horizon. Building off the Foundation’s third-quarter report, which [&#8230;]</p>
<p>The post <a href="https://truckdriversus.com/ooida-foundation-freight-market-update-highlights-potential-market-shift/">OOIDA Foundation Freight Market Update Highlights Potential Market Shift</a> appeared first on <a href="https://truckdriversus.com">Truck Drivers USA</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>The OOIDA Foundation has released its <a href="https://www.ooida.com/wp-content/uploads/2024/12/06-Monthly-Market-Update-2024-12.pdf">December</a> freight market update, suggesting that an upcycle for the freight industry may be on the horizon. Building off the Foundation’s third-quarter report, which anticipated growth beginning in Q2 2025, the latest insights reinforce these projections.</p>
<p>The data for December identifies market conditions as stabilizing, with demand remaining flat, capacity finding equilibrium, rates trending upward, and operational costs steadying. For the second month in a row, the Foundation has maintained a neutral outlook for the near-term future but remains optimistic about a market rebound.</p>
<p>“As the number of owner-operators continues to increase, we believe the market will turn upward in early Q2 2025,” the Foundation stated.</p>
<h2><strong>Van Market Insights</strong></h2>
<p>The van market experienced mixed results in December, with half of all regions reporting declines in the market demand index. Spot rates saw little to no movement month-over-month but were anticipated to rise toward the end of the year. According to the Foundation, the divergence between spot rates and the three-year moving average highlights the current stage of the dry van market cycle.</p>
<p>Other noteworthy observations include:</p>
<ul>
<li>The inventory-to-sales ratio stayed unchanged.</li>
</ul>
<ul>
<li>Household appliances continued their strong performance since late 2023.</li>
</ul>
<ul>
<li>Retail sales, adjusted for seasonality, showed growth in electronics, appliances, and furniture sectors while declining for general merchandise.</li>
</ul>
<h2><strong>Flatbed Market Outlook</strong></h2>
<p>Flatbed carriers operating in the Southeast and Mountain Central regions performed better in terms of freight ratios. However, spot rates for flatbeds experienced their 28th consecutive month of year-over-year declines.</p>
<p>Key flatbed market updates:</p>
<ul>
<li>After a brief uptick in August, the seasonally adjusted flatbed composite index dipped again in September.</li>
</ul>
<ul>
<li>Federal interest rate cuts are expected to take months to impact the market indirectly, as they don’t directly influence mortgage rates.</li>
</ul>
<ul>
<li>Inventory levels for building materials, garden equipment, and supplies remain a challenge, sitting 4% above 2019 levels. High inventory continues to hinder freight demand.</li>
</ul>
<h2><strong>Reefer Market Trends</strong></h2>
<p>The reefer market faced an unusual decline in demand for December, a trend not typically seen during the end-of-year period. Despite this, spot rates posted gains and bounced back considerably from April 2023 lows.</p>
<p>Additional insights for the reefer market include:</p>
<ul>
<li>The Mexico-Texas region recorded the most substantial month-to-month increase in carrier pay-per-mile, according to the USDA.</li>
</ul>
<ul>
<li>Eight regions reported significant dips in reefer volumes.</li>
</ul>
<ul>
<li>Truck capacity saw tightening, contradicting lower volumes and rates. This anomaly suggests volume data may adjust positively next month.</li>
</ul>
<h2><strong>Broader Trucking Market Analysis</strong></h2>
<p>The trucking market is simultaneously facing pressures and opportunities as various economic factors take shape.</p>
<ul>
<li>Private fleets are moderating demand within the for-hire market, but slowing private fleet growth and pre-tariff shipping could boost for-hire activity in the first half of 2025, according to the Cass Shipment Index.</li>
</ul>
<ul>
<li>Class 8 truck sales—both new and used—declined slightly; however, used truck sales exceeded new sales for the 11th month in a row.</li>
</ul>
<p>“Given that typical seasonality called for a decrease of 18% month-over-month, the small dip [in used sales] was a big win,” said Steve Tam, vice president at ACT Research.</p>
<ul>
<li>Transportation prices rose for the second-highest reading in two years, as indicated by the Logistics Managers’ Index, signaling that the freight market is nearing equilibrium.</li>
</ul>
<p>Other economic factors shaping the trucking market include:</p>
<ul>
<li>Diesel prices have dropped $2.23 since their peak in June 2022, now showcasing much-needed relief for carriers.</li>
</ul>
<ul>
<li>Slight increases in wages and salaries have been offset by a rising Consumer Price Index.</li>
</ul>
<ul>
<li>Despite weak demand, supply chains remain adequately equipped, with shorter lead times reported. However, sporadic product shortages have emerged.</li>
</ul>
<p>“A general construction slowdown in the fourth quarter has created a surplus of finished goods,” the OOIDA Foundation shared. “We are closely monitoring demand in Q1 to assess whether permanent workforce reductions may be necessary.”</p>
<p>For the full monthly and quarterly freight market updates, visit the <a href="https://www.ooida.com/foundation/monthly-trucking-market-update/">OOIDA Foundation website</a>.</p>
<p><em>Source: </em><a href="https://landline.media/"><em>Land Line</em></a></p>
<p>The post <a href="https://truckdriversus.com/ooida-foundation-freight-market-update-highlights-potential-market-shift/">OOIDA Foundation Freight Market Update Highlights Potential Market Shift</a> appeared first on <a href="https://truckdriversus.com">Truck Drivers USA</a>.</p>
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