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In this week’s Trucking Market Update podcast, Avery Vise unpacks what’s happening in trucking jobs, spot rates, and the broader economy. Here are the quick takeaways from Episode 330:
Trucking Jobs
For-hire trucking payrolls slipped by 900 in August, but earlier months were revised higher. Specialized carriers were the bright spot, adding nearly 3,000 jobs across June and July. We’ll know more once BLS releases its benchmark revisions later this week.
For more insights like these, be sure to catch the FTR Trucking Market Update podcast each week, where we break down the latest trends shaping freight and driver capacity. 📊 Download the full podcast deck and listen to Episode 330 at ftrintel.com/trucking-podcast.
Spot Market
Labor Day brought the usual seasonal swings:
- Dry van and reefer rates dipped after pre-holiday spikes.
- Flatbed finally ticked upward for the first time in nine weeks.
- Even with the holiday, flatbed volume was still up 34% from last year.
Economy at Large
Mortgage rates fell to their lowest since last October, the ISM Manufacturing Index showed continued contraction (though slightly better), and gold imports surged more than 1,000% as buyers rushed ahead of new tariffs.
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In It Together
Uncertainty is reshaping food industry freight. 🌎 On Oct. 2, Food Shippers of America & FTR experts reveal how tariffs, demand, and capacity will impact 2026.
The August Jobs Report
The broader labor market raised red flags: the U.S. added just 22,000 jobs in August, the weakest monthly gain since 2020. The unemployment rate climbed to 4.3%—its highest in nearly four years—while most industries outside of healthcare and leisure shed jobs.
🎧 Catch the full conversation and download the charts here: ftrintel.com/trucking-podcast
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