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Understanding the economic landscape is crucial for businesses in the trucking industry, which is closely tied to the broader economy’s fluctuations. “Economics to Grow By – 101,” offered through ELEVATE, is a dedicated resource designed to provide clients with up-to-date economic data and insights, empowering them to make informed decisions based on current economic trends.
Helping Small to Mid-Sized Carriers Stay Ahead of the Market
Last Updated: April 22, 2025
| Indicator | Current Value | Trend (linked) | Trucking Insight & Source |
|---|---|---|---|
| Dow Jones Transportation Avg (DJTA) | 13,166.64 | 📉 Down 2.02% | Slower freight outlook. Source |
| XLY – Consumer Discretionary ETF | $185.40 | 📉 Down 0.6% | Retail pullback = less freight. Source |
| 10-Year Treasury Yield | 4.42% | 📈 Rising | Financing gets tighter. Source |
| WTI Crude Oil | $63.73 | 📈 Up 1% | Fuel costs may rise. Source |
| Federal Funds Rate | 4.25%–4.50% | ➡ No change | Market holding steady. Source |
| Walmart (WMT) | $92.41 | 📈 Up 2.24% | Retail freight volume solid. Source |
| Amazon (AMZN) | $167.32 | 📉 Down 3.37% | E-commerce may be soft. Source |
| Inbound Ocean TEUs Index (IOTI.USA) | 1,896.68 | 📉 Down 0.23% | Slight decrease in bookings suggests reduced future imports and domestic freight. Source |
Disclaimer: The values listed provide a snapshot in time as an example of how market data can influence the decision making process. This information is not for comprehensive forecasting. Always consider broader market context when making decisions.
“Economics to Grow By – 101” is more than just an informational resource—it’s a strategic tool integrated within the ELEVATE platform to help trucking businesses thrive even in fluctuating economic climates. By staying informed about the economic factors that impact the trucking industry, companies can better navigate challenges and seize opportunities, driving growth and enhancing operational efficiency.
Wall Street reflects investor confidence and forecasts about the overall economy, and the transportation industry — especially trucking — is the heartbeat of that economy. Why? Because when the economy grows, goods move. When it contracts, freight slows.
Here’s how they connect:
Consumer confidence tends to be high.
Retailers order more goods.
Manufacturers ramp up production.
Result? More freight needs to move → More opportunities for trucking.
Investors brace for slowdown.
Companies cut spending.
Demand for products (and freight) drops.
Result? Rates drop, volume tightens, and small carriers feel the squeeze first.
Planning & Strategy: Watching Wall Street helps you anticipate slowdowns or booms. You can prep for lower spot rates or lean into direct sales when brokerage volume dries up.
Investment & Financing: Your ability to secure credit, purchase equipment, or hire depends on market confidence and interest rates — all influenced by Wall Street expectations.
Shipper Conversations: Knowing what’s going on in the market positions you as a strategic partner, not just another truck.
Absolutely. You don’t need to become a day trader. But understanding how Wall Street trends signal shifts in freight demand gives you a competitive edge.
A few indicators to watch:
