Welcome news for the trucking sector saw a healthy increase of 2.7% in for-hire truck tonnage for the month of May across the United States. A promising month of growth on the back of two straight months of small decreases.
All data is part of the American Trucking Associations’ seasonally-adjusted For-Hire Truck Tonnage Index.
Specifically, in May, the tonnage rose by nearly 6% year-over-year which bring the updated yearly increase thus far to plus 4% versus 2015. Considering this year has seen variable economic and manufacturing results the numbers are encouraging, some of which must be aided by reasonable consumer spending trends.
ATA chief economist Bob Costello suggests that the coming months may see similar 'ups and downs' in the trends for the trucking sector.
“Following two consecutive decreases totaling 6%, May was a nice increase in truck tonnage. Better consumer spending in April and May certainly helped, but economic growth remains mixed and I’d expect the recent choppy pattern in tonnage to continue for the next quarter or two. We recently received good news on the inventory cycle, with the total business inventory-to-sales ratio declining for the first time in nearly a year. While one month doesn’t make a trend, this was good news for the trucking industry.”
Related Blog Posts
What is Hot Shot Trucking? aka HotShot Trucking
Modern business is all about strict timelines. Whether your field is manufacturing, extraction, retail, or research and development, your operations are bound to rely on a variety of activities that operate in tandem. The most minor of supply shortages can throw these activities off, potentially costing you thousands of dollars just for a few hours' delay. Success thus hinges on your ability to right the ship as quickly as possible after a...
The Advantages of Hot Shot Trucking for Small Businesses
In the world of logistics, small businesses often face unique challenges when it comes to shipping their products efficiently and cost-effectively. This is where hot shot trucking can be a game-changer. Hot shot trucking offers a range of advantages that can significantly benefit small businesses, enabling them to compete in the marketplace and meet customer demands. In this blog post, we will explore the advantages of hot shot trucking for...
How Highway Closure Impacts Hot Shot Trucking California
Natural disasters can disrupt any industry, but their impact is particularly serious for logistics companies. The recent mudslides in California are a powerful case in point. By blocking Highway 101, one of the Golden State’s most important roadways, this environmental crisis has diverted trucks from their usual routes. This has significantly increased the cost and difficulty of completing hot shot freight deliveries, hampering the economy of...
Louisiana's Transportation Plan To Benefit Hot Shot Trucking Industry
After years of discussion and debate from countless stakeholders, Louisiana is starting a new infrastructure project. Governor John Bel Edwards unveiled a $600 million plan to improve the state’s highways. Focusing on widening Interstate 10, this plan will be a boon to Hot Shot Trucking and other transportation companies that traverse the state. Governor Edwards announced the plan on Friday, May 13th, claiming that it was “of the utmost...
Essential Tips for Successful Hot Shot Trucking
Running a successful hot shot trucking business requires a combination of effective strategies, attention to detail, and a commitment to customer satisfaction. Whether you're a new entrant or an experienced hot shot trucker, adopting essential tips can help you navigate the industry and increase your chances of success. In this blog post, we will provide practical advice and strategies for running a thriving hot shot trucking business, covering...
Truckload Demand Remains Higher than this Time Last Year
Based on the latest reports on durable goods manufacturers’ shipments, orders and inventories, freight volume has yet to decline. The most recent numbers from the US Census Bureau show that orders for manufactured durable goods increased in May by 0.7% to $267.2 billion. This follows increases for seven of the past eight months. This May, shipments of manufactured durable goods increased by $3.6 billion or 1.3%, followed by a 0.3 % rise in...
House Bill 7095 / Section 4202
House panel to vote on bill with measures on CSA, SFD, HOS The Democratic leadership of the House Transportation & Infrastructure Committee on June 4 introduced legislation (H.R. 7095) to reauthorize transportation programs following the expiration of the FAST Act on September 30. Title IV of the bill addresses motor carrier safety and includes several significant provisions related to Federal Motor Carrier Safety Administration (FMCSA)...
Texas Trucking Company
Hot shot trucking companies in Texas specialize in hauling smaller, time-sensitive loads—often for the energy sector, where timing is crucial. From providing hot shot delivery services to offering competitive freight quotes, these companies are integral to the world of Texas logistics. In addition to their speed and accessibility, hotshot trucking companies in Texas offer a cost-effective alternative to larger freight services for small to...
The Types of Vehicles Used for Emergency Freight
When you're facing a shipping emergency, every minute counts. And you need more than just a truck – you need a solution. The right emergency freight choice ensures that your urgent cargo reaches its destination as quickly, safely, and cost-effectively as possible. Selecting the appropriate freight service depends on several key factors, including shipment size, distance, time constraints, and the nature of the cargo.
How to Start a Hotshot Trucking Business: A Comprehensive Guide
Today we're diving deep into how to get started in hotshot trucking. If you're looking for a way to enter the trucking industry with lower startup costs and more flexibility, hotshot trucking might be the perfect fit for you. We'll walk you through the key steps to launch your hotshot trucking business, from understanding what it is to finding your first loads. We’re an expedited freight company that works with hotshot truckers all across North...
Regulatory and Legislative Update - February 2023
Contents Regulation and Enforcement FMCSA proposes to revamp SMS, rejects IRT as ‘overly complex’ FMC judge rules in favor of motor carriers on intermodal chassis choice Further input sought on regulating autonomous trucking operations Three ELDs are removed from FMCSA’s list of registered devices CVSA International Roadcheck scheduled for May 16-18 FMCSA rejects driver’s requested exemption from HOS, ELD requirements Multiple carriers seek...
Regulatory and Legislative Update - January 2023
Contents Regulation and Enforcement FMCSA proposes changes in broker and forwarder requirements Exemption rejected for including hair testing results into drug clearinghouse FMCSA implements 10-year refresher training and certification for medical examiners DOT modal agencies adjust civil penalties for inflation FMCSA to begin work on vehicle crash causation study Stevens Transport receives CDL-related exemption FMCSA grants two driver training...
WHAT IS HOT SHOT TRUCKING? AKA HOTSHOT TRUCKING
Modern business is all about strict timelines. Whether your field is manufacturing, extraction, retail, or research and development, your operations are bound to rely on activities that operate in tandem. The most minor of supply shortages can throw these activities off, potentially costing you thousands of dollars just for a few hours' delay. Success thus hinges on your ability to right the ship as quickly as possible after a supply shortage arises.
Industries We Serve
Modern day hot shot trucking provides the speed and exclusivity you need to meet the most demanding and time-sensitive shipping requirements. We use every resource, avenue, and channel available to ship your freight by ground or air. Designed specifically to address supply and distribution problems that arise without warning, hotshot trucking tactics involve coordinating a network of carriers in a variety of locations. By calling on the vehicles closest to your supply or distribution points, hotshot brokers can fill any sudden gaps in your supply network almost as soon as they happen. This minimizes the disruption to your business and allows you to quickly return to ordinary operations, weathering the storm without skipping a beat.
Automotive
The automotive supply chain already has significant challenges. Don’t let malfunctioning equipment stop the production line. Step on the gas with HotShotTrucking.com’s suite of services that will get you back in the fast lane. With HotShotTrucking.com, companies are devising shipping strategies to swiftly deliver critical parts and equipment — whether it's ground expedite service with sprinter vans, box trucks and 53-foot tractor trailers or air freight and air cargo.
Aviation & Aerospace
Every moment a commercial airliner sits on the ground, it costs an airline money. Expedited freight services by HotShotTrucking.com can get you back in the air with prompt delivery of parts and equipment throughout North America. We are equipped with the expertise to navigate the complexities of shipping jet engines and other types of loads, and our network of hot shot drivers has extensive experience transporting aviation assets.
Construction
One shipping delay can snowball and cause delays throughout your entire project. You need an experienced 3PL provider who understands the construction industry and has the logistical reach to deliver your freight on time, anywhere. That 3PL partner is HotShotTrucking.com. Whether in the air or on the ground via truck and trailer, we can connect companies to expedited freight services for the prompt delivery of parts and equipment throughout North America.
Mining & Metals
From cranes to chemicals to excavators to conveyor belts, HotShotTrucking.com has the experience and industry know-how required for shipping sensitive, oversized, and hazardous equipment. Third-party hot shot trucking and logistics providers such as HotShotTrucking.com specialize in devising and implementing innovative shipping solutions, ensuring mines can swiftly return to operation. We’ll pick up your shipment, deliver it to the airport and receive it at the other end – providing hand-carried service as necessary or required.
Manufacturing
Every moment a manufacturing facility or factory sits idle costs a company money because of the high costs involved. With many manufacturers building to only just-in-time production rates, any disruption threatens parts and vehicle inventories. This is where the speed and expertise of freight services from HotShotTrucking.com can make a difference throughout the entire manufacturing supply chain. We do all the logistical legwork to find the optimal solution for your job, whether it's an exclusive air charter or expedited ground shipping.
Telecommunications
From servers to cell towers, information, voice, and data must flow to keep businesses, production, and the public online and connected. When equipment goes dark, depend on HotShotTrucking.com to get your systems flashing green again. This is where the speed and experience of trucking and freight services from HotShotTrucking.com can help. Our hot shot truck network excels at the prompt delivery of parts and equipment throughout North America.
Oil & Gas
The oil and gas industry faces challenging conditions in offshore and onshore oil rigs, often in remote locations with limited infrastructure. Don’t let oil pumps or pipelines sit idle waiting for equipment. By having the right plans, parts, people, and logistics partner like HotShotTrucking.com, you can effectively mitigate plant or pump downtime, unscheduled disruptions, and equipment failures.
Cost of Urgent Shipping
Which of our specialized shipping services best fits your needs?
Blog and Resource Center
How AirFreight.com Solved a PGA Tour Shipping Emergency
Learn how AirFreight.com located a lost shipment and helped save the PGA Golf Tour.
How AirFreight.com Saved The Farm By Solving A Major Shipping Delay
Learn how we saved a Montana-based artisanal farm thousands of dollars by expediting a shipment of perishable goods.
Expedited Shipping Vendor Comparison
We’ve done the research for you. This vendor comparison sheet breaks down how AirFreight.com stacks up against the competition.
talk to an expeditor now
Get a Quote in Minutes for Your Time-Critical Freight Needs
GET A QUOTECall (800) 604-2511