Tag: <span>Decline</span>

Truck Transportation Jobs See Significant Decline in Annual Employment Report

May 17, 2026

Workforce Decline in Truck Transportation In 2025, the number of individuals employed in truck transportation was significantly lower than previously reported. The Bureau of Labor Statistics (BLS) released its monthly employment report in February, which includes the annual revision that reflects updated employment data accumulated over time, beyond the typical monthly updates. Impact of Annual […]

New Insights on the Rapid Decline of Trucking Capacity

April 5, 2026

Overview of October’s Trucking Market ACT Research’s October analysis offers one of the first extensive assessments of the trucking market since stricter enforcement of English Language Proficiency (ELP) regulations has been introduced. The repercussions on trucking capacity are evident, but it remains unclear whether demand will respond accordingly. Trucking Capacity Trends The ACT For-Hire Trucking […]

Trucking Jobs See Minor Decline Amid Unexpected Payroll Dip

March 27, 2026

Decline in U.S. Payrolls and Trucking Jobs The recent report on nonfarm payrolls revealed a surprising decrease of 92,000 jobs in the U.S., when a slight increase had been anticipated. This drop may have been partly due to a small decrease in the trucking sector. Truck Transportation Job Statistics According to the Bureau of Labor […]

Heavy-Duty Equipment Values Decline as Medium-Duty Trends Upward

January 15, 2026

Declining Values in Used Heavy-Duty Construction Equipment Amidst Rising Medium-Duty Equipment Prices LINCOLN, Nebraska — July 7, 2025: The latest market reports from Sandhills Global indicate varied trends in the used construction equipment market based on June data from their platforms, which include used construction equipment, farm machinery, trucks, and trailers. In the heavy-duty equipment […]

Inventory Decline in Used Trucks Amid Day-Cab Challenges

December 13, 2025

In November, the inventory of used heavy- and medium-duty trucks saw a decline, indicating a potential recovery for the struggling transportation finance industry. Although the market is gradually reducing its overcapacity, there remains a surplus of inventory, particularly day cabs that are 5 to 10 years old, according to Jim Ryan, Equipment Lease and Finance […]

Trucking Industry Employment Experiences Small Decline in September

November 30, 2025

Overview of Trucking Business Indicators CCJ‘s Indicators provides a summary of the most recent reports on various aspects of the trucking industry, including rates, freight, equipment, and economic conditions. Employment in the Trucking Industry Stays Flat According to the Department of Labor’s Employment Situation Report, the for-hire trucking sector saw little change in employment for […]

Medium-Duty Truck Values Decline While Heavy-Duty Stays Steady

November 22, 2025

Market Overview: Used medium-duty truck values saw a decline in October, while heavy-duty truck values experienced a minor increase. Inventory and Demand Concerns: The truck market faces challenges due to an oversupply of 5- to 10-year-old inventory, which is prevalent in listings. This outdated stock lacks financed buyers, resulting in lower than anticipated values despite […]

Trucking Jobs Decline First Time Since October as Orders Hold Steady

November 11, 2025

Overview of CCJ’s Indicators: CCJ’s Indicators provides a summary of the latest trucking industry statistics concerning rates, freight, equipment, and economic factors. Job Losses in the Trucking Sector: The total employment in the trucking industry fell by 600 jobs in February, as per the Department of Labor’s recent Employment Situation Report. This marks the first […]

Daimler Truck Financial Services Sees 13.5% Decline in Originations

November 8, 2025

Decline in Financing and Sales The financial division of German commercial vehicle manufacturer Daimler Truck experienced a decrease in originations during the third quarter, coinciding with a sharp decline in truck sales in North America. Revenue Increase Despite Challenges Nonetheless, Daimler Truck Financial Services reported increased revenues in Q3, attributable to better portfolio margins and […]

Penske Reports Decline in F&I Revenues Due to Truck Sales Drop

October 30, 2025

In the third quarter, truck dealerships Penske Automotive Group and Rush Enterprises felt the effects of challenges in the transportation sector, whereas Custom Truck One Source thrived due to robust demand for vocational vehicles. Penske’s F&I Revenue Takes a Hit Penske, based in Bloomfield Hills, Michigan, reported a 28.8% year-over-year decline in finance and insurance […]