Market Update

Flatbed report: Tariffs and economic anxiety weigh on farm equipment sales

Canadian agricultural tractor sales saw a 3.4% increase year-to-date through April, with 4-wheel-drive tractors surging by 46.3%. In contrast, U.S.

Dry van report: Contract freight tonnage slips in April

US truck freight tonnage experienced a 0.3% decline in April 2025, following a 1.5% decrease in March.

Reefer report: Trade policy expected to alter freight networks for agricultural imports

Agricultural imports are a crucial driver of year-round freight demand, especially for reefer and port-connected truckload carriers. Amidst trade uncertainties.

Dry van report: Truckload volumes into the Arizona desert are heating up

According to data from the Commerce Department, Arizona is recognized as the capital of foreign trade zones in the United States.

Flatbed report: Truckload demand posts its second successive quarter of improvement

Seasonally adjusted trucking ton-mileage improved for the second consecutive quarter in Q1 2025, showing a 0.3% increase quarter-over-quarter.

Flatbed report: Large construction project commencement dates start to slip

Amid recent fluctuating tariff announcements, "economic uncertainty" is a prominent concern in the trucking industry.

Reefer report: The old school buses are loaded and watermelon season is underway

Watermelon season in the U.S. generally runs from late spring through early fall, with regional variations that extend the availability.

Dry van report: Large truckload carriers continue to trim their fleet size

Large U.S. truckload carriers are reducing the capacity of their fleets even further to align with demand.

Dry van report: Counteracting forces move the Logistics Managers Index higher in April

The April Logistics Manager’s Index (LMI) recorded a slight increase to 58.8, indicating expansion in the logistics industry.

Reefer report: After a late start, Strawberry shipments spring back

Contributing to lower truckload volumes in the fresh fruit and vegetable industry are lower California volumes at the start of the season.

Flatbed report: Tariffs take their toll on residential housing construction

The latest data reveals a worrying trend in U.S. single-family homebuilding, which experienced a decline in April.

Flatbed report: The Inland Empire, a fast-growing region for residential housing

As of March 2025, recent data from the U.S. Census Bureau indicates that housing starts have experienced a significant decline.