Fleet Management

Economy

1  -  25  of  1581

July 27, 2016 - Industry News

Economic Watch: Durable Goods Dive, New Home Sales Jump

While new orders for manufactured durable goods plunged in June, a closely watched economic indicator inside the preliminary Commerce Department report released Wednesday shows a gain for the first time in three months, as a separate report shows a big hike in new home sales and another is calling for even better retail sales.

Tags: Economy, Retail Sales, Durable Goods, Manufacturing, Home Sales

July 26, 2016 - Industry News

Earnings Watch: Hub, C.H. Robinson, Wabash National, Rush Enterprises

The second quarter earnings season continued on Tuesday with companies ranging from a fleet and 3PL to a trailer maker and mega-dealer, with all but one reporting higher earnings than the same time last year.

Tags: Economy, Truck Sales, 3PL, Rush Enterprises, Earnings, Wabash National, C.H. Robinson, Hub Group, Fleet Earnings

July 22, 2016 - Industry News

Economic Watch: Manufacturing, Leading Indicators Spark Optimism

A new preliminary report shows U.S. manufacturing rising this month at its fastest pace since November 2015, following a post-Great-Recession low in May – "an encouraging sign of revival," says financial information services provider Markit.

Tags: Economy, Manufacturing, Home Sales, Leading Economic Indicators, Home Building

July 22, 2016 - Industry News

Earnings Watch: Werner, Swift Profits Fall; Forward Air Reports Loss

Profits for two trucking companies turned lower in the second quarter of the year while a third moved into the red, according to newly released earnings reports.

Tags: Economy, Werner Enterprises, Forward Air, Swift Transportation, Freight Rates, Fleet Earnings

July 20, 2016 - Industry News

Truckload Linehaul Rates Remain Soft, Intermodal Rates Continue Steep Drop

Truckload linehaul rates in June were nearly the same as the month before, but they are still below levels from a year ago, while there seems to be no end to the recent drop in rates for intermodal shipments.

Tags: Economy, Cass Intermodal Linehaul Index, Cass Truckload Linehaul Index, Freight Rates, Freight Capacity

July 20, 2016 - Industry News

Landstar Profit Sinks 20%, Falls Short of Expectations

Asset-light trucking and related services provider Landstar System reported a 20% second quarter decline in earnings due to lower revenue and a big insurance claim.

Tags: Economy, Landstar, Landstar System, Fleet Earnings

July 19, 2016 - Industry News

Earnings Watch: Marten Profit Bumps 2% Higher

Temperature-controlled carrier Marten Transport reported an increase in its second quarter earnings. Although it's another small gain, it did beat analysts' expectations.

Tags: Economy, Marten Transport, Fleet Earnings

July 19, 2016 - Industry News

Freight Shipments, Expenditures Hit Highest Levels of 2016 but Will it Continue?

Freight shipments and expenditures edged up in June after three months of lackluster performance, hitting their highest levels of the year, according to the Cass Freight Index – but it remains unclear if this is part of a larger trend.

Tags: Economy, Freight Rates, Freight Volume, Freight Capacity, Cass Freight Index

July 19, 2016 - Industry News

Truck Tonnage Index Seesaws Downward in June

Source: ATA

American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index dropped by 1.5% in June, following a nearly 3% gain in May.

Tags: ATA, Freight, Truck Tonnage, Truck Tonnage Index, Economy

July 18, 2016 - Industry News

Earnings Watch: J.B. Hunt Improves Second Quarter Profit by 2%

Trucking and intermodal giant J.B. Hunt Transport Services reported its second quarter profit increased just slightly, falling short of Wall Street expectations.

Tags: Economy, 3PL, Intermodal, J.B. Hunt, Earnings, Fleet Earnings, Dedicated Fleets

July 15, 2016 - Industry News

Economic Watch: Retail Sales, Industrial Production Improve

A jump in retail sales and industrial output are just two of several economic indicators released Friday showing the economy is performing at least somewhat better, but there are still some lingering concerns.

Tags: Economy, Retail Sales, Industrial Production, Manufacturing, Consumer Prices, Wholesale Prices, Consumer Sentiment, Business Inventories

July 13, 2016 - Industry News

Total For-Hire Shipments Rise Despite Trucking Decline

Freight Transportation Services Index, May 2011 - May 2016. Graphic U.S. DOT

A U.S. Transportation Department measure of the amount of freight carried by the nation's for-hire transportation industry rose 0.2% in May from April, the second consecutive monthly gain, and is just 1.5% below the all-time high level hit in December 2014.

Tags: Economy, Freight, Freight Index

July 12, 2016 - Industry News

Economic Watch: Expect Increase In Retail Imports

Import cargo volume at the nation’s major retail container ports should see a small-but-significant increase this month as merchants stock up for the back-to-school season, then see a larger wave in late summer and fall for the holiday shopping season.

Tags: Economy, Retail Sales, Imports, Ports, Port Trucking

July 11, 2016 - Industry News

Earnings Watch: Daimler’s Adjusted Earnings Beat Forecasts

The second quarter earnings season got underway on Monday with Daimler AG unexpectedly releasing numbers showing its adjusted earnings in the second quarter of the year are “significantly above market expectations” – but the news did not carry over into its truck operations.

Tags: Economy, Detroit Diesel, Freightliner, Western Star, Daimler Trucks, Daimler AG, Earnings

July 8, 2016 - Industry News

Economic Watch: Trucking Left Out of Employment Surge

While U.S. non-farm payrolls swelled by 287,000 jobs in June, the most since October, the number of trucking jobs fell for the fifth straight month, according to a new U.S. Labor Department report.

Tags: Economy, Unemployment, Employment

July 1, 2016 - Industry News

Economic Watch: Manufacturing Continues Improving, Construction Falls

Two reports show the nation’s manufacturing sector is making continued improvements following a bumpy ride that began last year and early this year.

Tags: Economy, Manufacturing, Construction Spending

June 29, 2016 - Industry News

Economic Watch: Consumer Spending Fueling Better Overall Growth

One of the biggest drivers of the U.S. economy increased for the second straight month in May, adding to optimism that growth in the second quarter will be better than the slow first quarter pace.

Tags: Economy, Consumer Spending, Personal Income

June 28, 2016 - Industry News

Economic Watch: GDP Growth Improves Just Slightly

U.S. economic growth improved more than previous estimates, but not by much, according to Commerce Department figures released Tuesday. Stronger net exports and business investment offset an unexpected downward revision to consumer spending.

Tags: Economy, GDP

June 24, 2016 - Industry News

Trailers Orders Down 14% in May

Trailer orders fell nearly 14% month over month in May, coming close to earlier projections for a seasonal slowdown.

Tags: Economy, Trailers, ACT Research, Freight, Trailer Orders

June 24, 2016 - Industry News

Economic Watch: Business Investment Sinks as Durable Orders Decline

Orders and shipments of long-lasting durable goods fell in May, according to a preliminary Commerce Department report. One measure of business investment fell by the most in three months, but other reports show homes and consumers remain a cornerstone of the economy.

Tags: Economy, Durable Goods, Home Sales, Consumer Sentiment

June 23, 2016 - Industry News

Trucking Only Mode to See Monthly Hike in NAFTA Freight

Percent change in value of U.S.-Mexico freight flows by mode: April 2015-April 2016. Graphic: U.S. DOT

Trucks carried more U.S. freight by value between North American Free Trade Agreement partners Canada and Mexico in April 2016 compared to the same time a year ago, but declines in all other freight modes led to a 3.2% drop in the total current dollar value of cross-border freight.

Tags: Canada, Economy, Cross-Border Trucking, Mexico, NAFTA

June 23, 2016 - Industry News

Economic Watch: Manufacturing Rebounding, Overall Growth Moderate

The nation’s manufacturing is continuing to show signs of renewed life following a downturn, while separate reports show overall moderate economic growth with existing home sales booming.

Tags: Economy, Manufacturing, Home Sales, Leading Economic Indicators

June 22, 2016 - Industry News

Earnings Watch: Covenant Latest to Lower Second Quarter Outlook

Covenant Transportation Group Inc. has lowered expectations for its second quarter earnings report due to the current freight market as well as internal issues it’s facing.

Tags: Economy, Covenant Transport, Covenant Transportation Group, Fleet Earnings, Southern Refrigerated Transport

June 21, 2016 - Industry News

Earnings Watch: FedEx Narrows Loss, Werner Lowers Expectations

FedEx Corp. cut much, but not all, of its second quarter losses compared to a year earlier, while a preview of Werner Enterprises Inc. second quarter earnings sent heartburn throughout trucking and Wall Street amid concerns about second quarter trucking profits.

Tags: Economy, Werner Enterprises, FedEx, FedEx Freight, FedEx Ground, FedEx Express, Fleet Earnings

June 21, 2016 - Industry News

Truckload Linehaul, Intermodal Rates Still Dropping

Separate gauges of truckload line haul rates and intermodal rates both fell in May, according to newly released figures, following a Monday report showing freight levels are well below those of the last several years.

Tags: Economy, Intermodal, Cass Truckload Linehaul Index, Freight Rates

Previous||12345678910...6364||

Newsletter

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

GotQuestions?

Transmissions

The expert, Brian Fletcher from Eaton, will answer your questions

View All