For the months of July and August it is normally expected that the sales of big rigs slow down. However, this year for the month of August, sales were 49% higher than they were in August of 2016. With 21,200 class 8 trucks being ordered in August it gives it a 13% increase over July. Demonstrating a consecutive three-month increase for truck sales. Normally the highest volume of orders is in October when companies trade out their old trucks or expand their fleets. This increase portrays how the growth of freight is also being reflected in the sale of trucks. Not only can it be seen in the rise of contracting prices but the manufacturers of trucks and equipment. For example, the truck maker Navistar International had a net income of $37 million in the third quarter compared to 2016 when they had a $34 million loss. Learn more about the rise in truck sales in The Wall Street Journal’s article. ​

According to the June 2017 Case Freight Index Report, Shipments decreased by 0.4% MoM. However expenditures increased by 1.9% MoM as well as 5.4% YoY. The statistics are an example of how consumers are inclined to spend in the trucking industry demonstrating that their will continue to be growth. One of the main factors contributing to these changing numbers is the e-commerce industry. Since consumers are spending more online it is resulting in a growth for the trucking industry.

​Overall the freight industry has resulted in growth since the March 2015 recession. It is forecasted that freight will continue to grow by 2.8% for 2017 while trucking will continue to be the dominant freight mode.

Read more about the industry’s growth on Supply Chain Dive.