Freight Research Archives | Convoy

The freight economy remains in the midst of a recession despite stronger-than-anticipated industrial activity in August. Industrial Production data published this morning by the Federal Reserve Board Industrial Production were a welcome relief for anyone looking for a break from a recent string of soft manufacturing numbers. Still, despite the August pickup, factory activity is […]

When you drive a heavy truck, highways are your second home and many truckers have strong preferences for where they stop their rigs. Inspired by American Trucking Association’s National Truck Driver Appreciation Week, we identified the truck stop in every state most visited by our community of tens of thousands of carriers. When carriers turn […]

The freight industry is currently experiencing a recession, which began in October 2018.From peak to peak, the freight industry typically experiences a full industry-specific business cycle about every four years; the typical freight recession lasts around 10 months.While freight industry downturns often lead macroeconomic downturns by several months, about half of freight industry recessions over […]

Self-employed truck drivers — known as owner-operators in the freight industry — earn more per hour and work more hours for a combined higher income than company drivers who are paid per mile or per hour, though owner-operator earnings also vary more widely. [1] Eleven percent of truck drivers [2] nationwide are self-employed, a share […]

Today we are launching Freight Economics at Convoy — an initiative to feature the best of our economic analysis and freight data on the Convoy Blog and to share our perspective on freight market developments. As a marketplace that connects shippers that move goods around the country with the tens of thousands of carriers who […]