As automakers released financial results for the first quarter of 2024, some reported sales growth while others reported sales declined. Yet, one pattern seems to emerge — hybrids and electric vehicles showed the largest growth when measured as a percentage of sales increase.
What do Pandemic-Scrambled Retail Inventory Trends Mean for Trucking?
The inventories-to-sales ratio traditionally has been a key indicator for assessing near-term transportation demand. Right now they're very lean, which usually is good news for trucking – but there's a catch.