Drivers

Economy

26  -  50  of  51

November 20, 2013 - Industry News

Economic Watch: Retail Sales Pop, Consumer Prices Drop

Despite a partial government shut down last month, resulting in hundreds of thousands of people being out of work and with no paychecks, retail sales in the U.S. unexpectedly increased.

Tags: Economy, Retail Sales, Freight, Consumer Prices, Home Sales

November 8, 2013 - Industry News

Economic Watch: Strong October Job Growth, Consumer Spending Edge Higher

UPDATED -- A new U.S. Labor Department report shows there was a net gain of 204,000 jobs in the country during October, far more than economists were predicting, while trucking added just a few jobs.

Tags: Economy, Unemployment, Consumer Spending

November 6, 2013 - Industry News

Economic Watch: Leading Economic Indicators Increase

Conditions for the American economy are improving and may continue doing so, according to a new report out from one private research group.

Tags: Economy, Leading Economic Indicators

November 4, 2013 - Industry News

Economic Watch: October Auto Sales Jump

Sales of new automobiles in the United States increased 10.6% in October from the same time a year ago.

Tags: Economy, Auto Sales

October 28, 2013 - Industry News

Economic Watch: Industrial Production, Durable Goods Shipments and Orders Rise

Industrial production in the United States increased in September, posting its biggest gain in seven months. This follows a report Friday showing shipments of manufactured durable goods hit their highest level on record going back to 1992 -- but consumer confidence took a nosedive.

Tags: Economy, Freight, Industrial Production, Durable Goods, Consumer Sentiment

October 22, 2013 - Industry News

Economic Watch: Unemployment Dips Overall and for Trucking

The nation’s unemployment rate continues moving lower inch-by-inch, hitting a five-year low, according to the U.S. Labor Department. It fell to 7.2% in September compared to 7.3% in August.

Tags: Drivers, Economy, Fleets, Unemployment

October 21, 2013 - Industry News

Survey Says: Hours of Service Top Trucking Industry Concern

ATRI President and COO Rebecca Brewster delivering the results of a survey of top trucking industry concerns. Photo: Evan Lockridge

ORLANDO -- The changes to the federal commercial driver hours of service rules that went into effect July 1 caused the issue to top the American Transportation Research Institute's annual survey of more than 4,000 trucking industry executives, truck drivers, trucking industry suppliers and government.

Tags: Economy, ATA, CSA, Hours of Service, Driver Shortage, EOBR, ATRI, ATA2013

October 2, 2013 - Industry News

Economic Watch: September Auto Sales Slip

A more than two-year streak in U.S. auto sale gains came to an end in September, but don’t read too much into the decline, say analysts. Early estimates show new sales fell 4% in September compared to the same time a year ago, to a little more than 1.1 million vehicles.

Tags: Economy, Freight, Auto Sales

September 27, 2013 - Industry News

Economic Watch: Consumer Confidence Down, Personal Spending Lackluster

By Revisorweb via Wikimedia Commons

Following a string of at least slightly encouraging economic reports, two new economic reports are disappointing. U.S. consumer confidence fell this month to a five-month low, while personal spending in August increased for the fourth consecutive month.

Tags: Economy, Consumer Confidence, Consumer Spending

September 24, 2013 - Industry News

ATA Economist: Industry Faces Capacity Crunch

ATA Chief Economist Bob Costello speaking at TMW Transforum this week.

ANAHEIM -- The trucking industry is looking at a severe capacity crunch in coming years with a variety of factors contributing to the situation, according to Bob Costello, chief economist of the American Trucking Associations.

Tags: Drivers, Economy, ATA, Freight, TMW

September 24, 2013 - Industry News

Economic Watch: Trucking Freight Boom Forecast

Photo: Evan Lockridge

There could be a lot more freight for trucking to move in the future from the nation’s manufacturing sector.

Tags: Economy, Freight, Manufacturing

September 24, 2013 - Industry News

Economic Watch: Consumer Confidence Inches Back

Americans aren’t feeling quite as good about the state of the economy this month as they were in August, but they are still optimistic.

Tags: Economy, Consumer Confidence

September 11, 2013 - Industry News

Outlook Calls for Slightly Lower Diesel Prices, Gasoline to Drop More

Credit: DOE/EIA

A new government forecast is calling for diesel prices to average just below the same level this year as it was in 2012 and ease a little further next year.

Tags: Economy, Oil Prices, Diesel Prices, Gasoline Prices

September 5, 2013 - Industry News

Trucking Revenues Increase in First Half of 2013

Photo: Evan Lockridge

A new government report shows revenue in the trucking business increased 1.5% in the first six months of the year in the United States compared to the same time in 2012.

Tags: Economy, Fleets

August 28, 2013 - Industry News

Economic Watch: Crude Hits Highest Price Since May 2011

Photo: By Chad Teer, Coquitlam, Canada, via Wikimedia Commons

Following indications the United States will launch a military strike against Syria, the price of oil has reached a more than two-year high.

Tags: Oil Prices, Diesel Prices, Gasoline Prices, Economy

August 27, 2013 - Industry News

Economic Watch: Increasing Traffic Congestion Points to Improving Economy

If increased traffic along the nation’s highways is a accurate indicator of increased commerce and an improving economy, then things are better overall than they were the same time a year ago according to one firm, Inrix, which monitors traffic congestion.

Tags: Economy, Traffic Congestion, Freight, Inrix

July 8, 2013 - Industry News

Spot Market Freight Levels and Rates Bounce Back in June from May

Freight rates generally moved lower duing June, despite improving from May. Graphic: DAT

While June was a better month than May for spot market freight, it still was nowhere as good compared to the same time a year ago. However, things are expected to improve, at least month-to-month.

Tags: Spot Freight, DAT Transcore, Economy

June 26, 2013 - Industry News

Economic Watch: More Traffic Congestion, Better Economy

If trucking is the lifeblood of the nation’s economy, then surprisingly, there is no reason for alarm if the arteries carrying those trucks seem a little clogged. Traffic information services provider Inrix reports traffic congestion rose nationally more than 9% in May, signaling the continued strengthening of the national economy.

Tags: Economy, Traffic Congestion, Inrix

February 15, 2013 - Industry News

Spot Freight Index Shows Unusual Strength in January

This is the first time DAT's Spot Freight Index has shown an increase in freight availability from December to January.

Reaching the highest-ever volume for the month of January, the DAT North American Freight Index increased 42% last month compared to January 2012. Freight volume was unusually robust for the season, exceeding December levels by 24%

Tags: Economy, Freight, DAT, Spot Freight, Brokers

February 6, 2013 - Industry News

Congestion Cost Trucking $27 billion in 2011

Congestion has a price, and for the trucking industry, It's billions of dollars lost. The total financial cost of congestion in 2011 was $121 billion, up one billion dollars from the year before and translating to $818 per U.S. commuter. Of that total, about $27 billion worth was wasted time and diesel fuel from trucks moving goods on the system.

Tags: Economy, Traffic Congestion, Infrastructure, Highways

February 4, 2013 - Industry News

Preliminary Class 8 Orders for January Show Improvement

FTR Associates has released preliminary data showing January Class 8 truck net orders at 22,235, 7% higher than December but down 11% year-over-year. Orders for Class 8 vehicles have been above the 20,000 mark for the past four months, showing some strength after a soft period mid-year 2012.

Tags: Economy, Class 8, FTR Associates

January 28, 2013 - Industry News

Used Truck Sales Volumes Show Mixed Results for the Year

The wholesale used market was the only segment to grow from 2011 to 2012, up 3%. The auction and retail markets both fell 11%.

Tags: Economy, ACT Research, Used Trucks

January 23, 2013 - Industry News

Equipment Lease Finance Industry Confidence Increases in January

Overall, confidence in the equipment finance market is 54.2, an increase from the December index of 48.5, reflecting industry participants' improved outlook amid ongoing concerns with economic conditions and management of fiscal issues.

Tags: Industry, Economy

January 17, 2013 - Industry News

Engineers Warn About the Economic Impact of Not Investing in Infrastructure

A lack of funding in infrastructure will mean more to the people of the United States than a few more potholes in the road. According to the American Society of Civil Engineer's Failure to Act report, "The Impact of Current Infrastructure Investment on America's Economic Future," the U.S. government and its people will be feeling the lack of infrastructure funding in their wallets

Tags: Infrastructure, Economy

January 9, 2013 - Industry News

Trucking Conditions Index Continues to Rise into Strong Positive Territory

FTR's Trucking Conditions Index for November rose almost two full points to a reading of 9.7. The gain was expected by FTR as conditions impacting trucking will continue to improve in anticipation of a tightened market in 2013

Tags: Industry, FTR, TCI, Sandy, Economy

Newsletter

We offer e-newsletters that deliver targeted news and information for the entire fleet industry.



GotQuestions?

LUBRICANTS

The expert, Mark Betner from Citgo will answer your questions
Ask a question

Sponsored by


WHEEL ENDS SOLUTIONS

Wheel end expert Jeff Geist from STEMCO will answer your questions
Ask a question

Sponsored by

Magazine