Tag: <span>Rate</span>

Trucking Industry Faces Challenges Amid Rate and Economic Concerns

November 28, 2025

Ritchie Bros. Auctioneers, the leading global auctioneer for heavy equipment and trucks, has shared sales figures highlighting the difficulties faced by the U.S. trucking sector as companies deal with low rates and economic unpredictability. Prices for three-year-old 53′ dry van trailers, which reached a high of $48,000 in 2021, have now dropped below $20,000. The […]

Trucking Standards Evolve: The Rise of Spot Rate Adjustments

November 12, 2025

Dive Brief: Since the Fourth of July, spot rates have declined, yet executives at Werner Enterprises are optimistic about potential improvements as stricter enforcement leads to a reduction in drivers and trucks in the market, as noted in their earnings call on October 30. According to Chairman and CEO Derek Leathers, the pace of driver […]