Trucking Industry Remains Strong Despite a Slowing Economy
U.S. economic activity is beginning to slow, but trucking freight will remain strong throughout the year, and driver wages will continue to increase.
02-23-2022
The Economy and Trucking Industry Remain Strong Despite Some Challenges
The U.S. economy is thriving, and although trucking will experience a slight slowdown from some of the record highs it has seen in recent years, it will continue to do well.
02-10-2020
Economic Activity, Freight Levels Paint Strong Picture for the Trucking Industry
The economy is accelerating, consumer spending is strong, freight volumes are increasing and the country is undergoing the third longest economic expansion in history, all of which is boding well for the trucking industry, Bob Costello, chief economist for American Trucking Associations, told attendees of NATSO Connect.
02-12-2018
Autonomous Trucking Technologies Gain Steam
Autonomous technologies are advancing rapidly, and traditional equipment manufacturers as well as new players entering the market are working to bring new capabilities to equipment that could improve safety and […]
11-01-2017
Top Trucking Economist Predicts Improved Year in 2017
Low unemployment rates, steady manufacturing and increased home construction will contribute to improved freight levels within the trucking industry for the year ahead.
01-24-2017
Truckstop Operators Respond To The Changing Fuel Efficiency Landscape
It is well known that higher productivity vehicles and fuel efficiency standards for trucks are gradually reducing the per-vehicle demand for diesel, which is likely to change operations at truckstop […]
08-31-2016
Top Economists Share Their Outlook for the Years Ahead
The worsening driver shortage, an increasing supply of oil and fluctuating manufacturing levels will continue to heavily influence motor carrier costs, two leading economists told attendees of The NATSO Show 2016 Feb. 23 in Lake Buena Vista, Fla.
02-23-2016
Top Economist Shares His Outlook for the Year Ahead
Truckstop and travel plaza operators attend The NATSO Show to gain insights into the trends that will affect their business. At this year’s show, Bob Costello, senior vice president and […]
01-01-2016
Freight Volumes, Driver Pay on the Rise
Freight volumes and driver pay will continue on an upward swing as the economy grows, Bob Costello, vice president and chief economist at the American Trucking Associations told NATSO Show attendees Feb. 18.
02-18-2015