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Preliminary net orders in October increased 3% year over year to 17,100 units. September had marked the first time orders trended below the prior-year results since April.

Port of Los Angeles is bidding to reach the 10 million-container mark for the third time in its history, according to Executive Director Gene Seroka. 

Carriers attribute the softer outlook to shippers front-loading inventory earlier in the year due to tariff concerns, combined with cautious consumer spending amid inflation worries.

Freight tonnage continued to slow sequentially in October, reaching its lowest level since the start of the year, American Trucking Associations reported Nov. 18.

The shutdown issue has not gone away for truck buyers, analyst Steve Tam cautions, despite Congress passing a short-term continuing resolution.

U.S. medium-duty truck sales dropped sequentially and compared with the prior year in October amid ongoing tariff headwinds and market uncertainty, according to data from Omdia Automotive.

“The overall economic market may not be growing, but the contract logistics industry is, and outsourcing is,” GXO CEO Patrick Kelleher said during an interview with Transport Topics.

NRF data shows that consumer spending accounts for more than 68% of the national gross domestic product, marking the highest proportion in nearly 15 years.

Monthly orders data has trended below prior-year results since the start of the year. President Trump’s focus on tariffs has created uncertainty for both OEMs and truck buyers.

Uber Freight has observed that the last-mile parcel delivery market is undergoing a major transformation driven by the rapid growth of e-commerce and rising consumer expectations.