Trailers - Leased Without Drivers for Truck Transportation, All Establishments, Employer Firms
TTTLWDAEEF73484 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
201.00
Year-over-Year Change
2.03%
Date Range
1/1/2013 - 1/1/2022
Summary
This economic trend measures the number of trailer leases without drivers for truck transportation businesses. It provides insights into the logistics and equipment needs of the trucking industry.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Trailers - Leased Without Drivers for Truck Transportation, All Establishments, Employer Firms series tracks the volume of trailer rentals or leases by trucking companies that do not include the driver. This metric reflects the capital expenditures and equipment utilization strategies of transportation firms.
Methodology
The data is collected through surveys of U.S. businesses in the truck transportation industry.
Historical Context
This trend is used by economists and policymakers to monitor the operational and investment activities within the trucking sector.
Key Facts
- Trailers are a major capital asset for trucking companies.
- Leasing allows firms to right-size their fleets more flexibly.
- Trailer utilization is a key operational metric in the industry.
FAQs
Q: What does this economic trend measure?
A: This trend measures the volume of trailer leases or rentals by trucking companies that do not include the driver, reflecting their equipment and capital investment strategies.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the logistics, capital expenditures, and operational efficiency of the trucking industry, which is a critical component of the broader transportation and logistics sector.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. businesses in the truck transportation industry.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this trend to monitor the health and investment activities within the trucking sector, which has significant implications for the broader economy.
Q: Are there update delays or limitations?
A: The data is subject to the typical publication schedule and revision processes of the U.S. Federal Reserve's statistical releases.
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Citation
U.S. Federal Reserve, Trailers - Leased Without Drivers for Truck Transportation, All Establishments, Employer Firms (TTTLWDAEEF73484), retrieved from FRED.