Truckload volume surged and spot and contract freight rates hit new highs in August as logistics managers stare down their most challenging peak shipping season yet. The DAT Truckload Volume Index (TVI) rose to 231 last month, up 2% from July and 17% higher year over year. read more
SEP 17, 2021 - 6:10 am
According to a recent study from market research firm Graphical Research, the North America crane rental market size is set to register a significant growth, growing from more than $4.5 billion in 2019 at a CAGR of more than 3% from 2020 to 2026. read more
SEP 17, 2021 - 6:00 am
IDC forecasts "whole cloud" spending will surpass $1.3 trillion by 2025 while sustaining a compound annual growth rate (CAGR) of 16.9%. read more
SEP 16, 2021 - 6:30 am
The ACT Freight Forecast indicated that freight markets remain tight as we enter peak season with unprecedented containership backlogs. The chip shortage is easing but continues to slow equipment capacity growth. read more
SEP 16, 2021 - 6:20 am
While inventory levels within Sandhills Global marketplaces have ticked back down in August after leveling off briefly, auction and asking values for used agricultural equipment and heavy-duty trucks are continuing a sharp ascent, according to a new Sandhills Global Market Report. read more
SEP 15, 2021 - 6:10 am
Phoenix American has published a new white paper examining the history, evolution and prospects for aviation ABS in the wake of the COVID-19 pandemic economic downturn. read more
SEP 14, 2021 - 6:15 am
According to ACT Research’s latest release of the North American Commercial Vehicle OUTLOOK, commercial vehicle production forecasts for this year and next have been cut again, amid continued supply-side constraints. read more
SEP 13, 2021 - 6:15 am
IDC reported that the worldwide ethernet switch market recorded revenues of $7.4 billion in Q2/21, an increase of 10.8% year-over-year. Meanwhile, worldwide enterprise and service provider (SP) router market revenues declined 0.5% year-over-year in Q2/21 to $3.9 billion.
SEP 13, 2021 - 6:10 am
The Rail Working Group and Nexxiot will work together to drive complete digitization and security of worldwide cargo and rail assets. New partnership opens the way for rail freight KYC (Know Your Cargo) technology – transparent worldwide tracking of rail freight and rolling stock. read more
SEP 13, 2021 - 6:05 am
According to the International Data Corporation Worldwide Quarterly Server Tracker, worldwide server market revenue declined 2.5% year over year to $23.6 billion during Q2/21. read more
SEP 10, 2021 - 6:20 am
Fleet Advantage announced results of its latest fleet industry benchmarking survey showing how trends in fuel economy, maintenance, environmental concerns and procurement strategies have changed since last year. read more
SEP 9, 2021 - 6:20 am
According to preliminary data from ACT Research, North American Class 8 net orders in August reached 36,900 units, while Classes 5-7 net orders jumped to 31,900 units, both representing five-month high readings. read more
SEP 3, 2021 - 6:05 am
According to ABI Research, a global tech market advisory firm, shipments of SAE Level 4 automated commercial vehicles will rise worldwide by 186% from 2024 to 2026. read more
SEP 1, 2021 - 5:59 am
New market reporting from Sandhills Global shows substantial year-over-year gains in skid steer retail and auction values within Sandhills’ marketplaces over the three-month period ending July 31. read more
AUG 31, 2021 - 6:24 am
According to ACT Research, used Class 8 volumes (same dealer sales) were 4% lower month over month in July. In addition, volumes were down 18% year over year but up 13% year to date. read more
AUG 27, 2021 - 6:11 am