Domestic Market Updates –
- Equipment: Recent data shows U.S. Class 8 truck sales reach a double digit decline (13%) in April, per Ward Intelligence.
- Ports: The Port of Portland’s container service may continue after all, as Oregon governor proposes funding to allows those service to be maintained. How did we get to this point? Read this blog for more information.
- Equipment: Trailer orders in April saw a year-over-year increase (37%) for the first time in several months, per ACT Research.
- Equipment: Two ELD’s have been removed from the FMCSA’s list of registered ELD’s due to not meeting the proper requirements.
- Ports: Container rail and truck dwell times at the LA/LB ports saw declines in April, per the JOC, leaving stakeholders optimistic as we get closer to peak season.
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