Fleet Management


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October 8, 2015 - Industry News

Slow Economic Growth Likely to Continue; Fed Policy Big Unknown

One economist is predicting continued slow growth for the economy, but believes our current economic models aren’t working when it comes to federal fiscal policy.

Tags: Economy, FTR Associates

October 2, 2015 - Industry News

Economic Watch: Employment, Manufacturing Disappoint; Construction Skyrockets

Despite a booming construction sector, the latest reports on jobs and manufacturing have some concerned that the U.S. economy is losing some of its steam.

Tags: Economy, Construction Industry, Unemployment, Manufacturing, Factory Orders, Construction Spending, Employment, Factory Shipments

September 30, 2015 - Industry News

Economic Watch: September Job Additions Total 200,000

Monthly additions in total nonfarm private employment.

Private sector employment increased by 200,000 jobs from August to September, according to a new report from the payroll processor ADP, but manufacturing lost jobs.

Tags: Economy, Employment

September 29, 2015 - Industry News

Economist Shares Positive Outlook at ACT Research Seminar

Tuesday attendees at ACT Research seminar. Photo: ACT

At least one economist is feeling good about the U.S. economy. Speaking at the 53rd ACT Research seminar Tuesday, Augustine Faucher, senior economist for PNC Financial Services Group, told the audience that the market “continues to look good for U.S. produced goods.”

Tags: Economy, ACT Research

September 29, 2015 - Industry News

U.S.-Cross Border Freight Movements Drop 8% in Value

Percent change in value of U.S.-NAFTA freight flows by mode: July 2014 - 2015. Graphic: U.S. DOT

The value of freight moved between the U.S. and its next door neighbors Canada and Mexico totaled $93 billion in July 2015. All modes except air carried less freight than in July 2014.

Tags: Canada, Economy, Cross-Border Trucking, Mexico, Surface Trade, Freight

September 29, 2015 - Industry News

Economic Watch: Consumer Confidence, Spending Increasing

Consumers are feeling better than they were before and are spending more money because they are taking home larger paychecks, according two new reports. That bodes well for truck freight.

Tags: Economy, Consumer Confidence, Personal Income, Personal Spending

September 25, 2015 - Industry News

Swift Transportation Revises Profit Expectations

Photo by Evan Lockridge

Swift Transportation has lowered projections for profits for the final two quarters of the year and for the full year, due in large part to at least one accident, legal claims and expected lower freight volume.

Tags: Economy, Swift Transportation, Fleet Earnings

September 25, 2015 - Industry News

Economic Watch: GDP Revised Upward, Consumer Sentiment Declines

The U.S. economy performed better in the second quarter of the year than earlier thought, according to a new Commerce Department report Friday, leaving some wondering if this puts the Federal Reserve closer to raising interest rates.

Tags: Economy, GDP, Consumer Confidence, Federal Reserve, Gross Domestic Product

September 24, 2015 - Industry News

Economic Watch: Manufacturing Cools, New Homes Soar

Economic watchers got a mixed bag of reports on Thursday. One showed an easing in part of the manufacturing sector, including a measure of business investment. However, two others were upbeat regarding housing and the upcoming holiday sales season.

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

September 21, 2015 - Industry News

Economic Watch: Existing Home Sales Slow

Following three straight months of gains, existing–home sales dipped in August, according to a new report from the National Association of Realtors.

Tags: Economy, Fuel Prices, Diesel Prices, Crude Oil Prices, Home Sales

September 18, 2015 - Industry News

Economic Watch: Leading Economic Index Points to Slow Growth

A measure of the health of the nation’s economy and where it's headed moved slightly higher, but one analyst says the rate of growth remains unimpressive.

Tags: Economy, The Conference Board, Leading Economic Indicators

September 17, 2015 - Industry News

Economic Watch: Interest Rates Unchanged, Housing Starts Fall

Following a highly anticipated two-day meeting, the U.S. Federal Reserve’s Open Market Committee announced it is keeping interest rates unchanged, despite earlier indications it was moving toward a hike.

Tags: Economy, Housing Starts, Federal Reserve

September 16, 2015 - Industry News

Economic Watch: Inflation Well Below Fed’s Goal for Interest Rate Hike

As the U.S. Federal Reserve’s Federal Open Market Committee begins a two-day policy meeting to decide whether to raise interest rates, it’s missing one key element.

Tags: Economy, Consumer Prices, Federal Reserve

September 16, 2015 - Industry News

FedEx Reports $692 Million Profit, Increases Rates

Weaker LTL industry demand is prompting FedEx to lower its guidance for the year. (Photo courtesy FedEx.)

FedEx Corp.'s profits in its most recent fiscal quarter increased from a year earlier, but the company lowered expectations for the full year.

Tags: FedEx, FedEx Freight, FedEx Ground, FedEx Express, Fleet Earnings, Economy, LTL

September 15, 2015 - Industry News

Economic Watch: Latest Indicators May Keep Lid on Interest Rate Hike

Retail sales in the U.S. posted another gain in August, leaving some wondering if it will be enough to push the Federal Reserve to hike interest rates from near zero for the first time in several years.

Tags: Economy, Retail Sales, Industrial Production, Federal Reserve

September 14, 2015 - Industry News

Economy Improving, But Challenges Abound

John Larkin, Stifel Nicolaus, discusses the economic outlook at TMW Systems' user conference Sept. 14 in Orlando. Photo by Jim Beach

There are a number of positives for the U.S. economy and for trucking going forward, but a number of “headwinds” remain. That according to John Larkin, managing director of the investment firm Stifel, Nicolaus & Company.

Tags: TMW Systems, John Larkin, Economy, Industry Trends

September 14, 2015 - Industry News

Cass Freight Index Posts Unusual Drop for August

North American freight shipment volume and expenditures dropped for the second month in a row during August as the summer slowdown hit.

Tags: Economy, Cass Freight Index

September 10, 2015 - Industry News

For-Hire Freight Shipments Rebound After One-Month Decline

Freight Transportation Services Index, July 2010 - July 2015. Graphic: U.S. DOT

A measure of the amount of freight moved by the nation’s for-hire transportation industry rose 0.6% in July from June, following a single month decline.

Tags: Economy, Freight Index, Freight Transportation Services Index

September 4, 2015 - Industry News

Trucking Gains 700 Jobs, Unemployment Drops to 5.1%

Photo: Schneider National

August employment numbers show a 700-job gain for the trucking industry, while unemployment dropped to its lowest level since April 2008.

Tags: Economy, Unemployment, Employment

September 2, 2015 - Industry News

Economic Watch: U.S. Jobs Picture Improves, Manufacturing Struggling

The employment picture in the U.S. continues to improve but the manufacturing sector is fighting to show better signs of life.

Tags: Economy, Manufacturing, Factory Orders, Employment, Factory Shipments

August 27, 2015 - Industry News

Cross-Border Freight Value Falls During June

Percent change in value of U.S.-NAFTA freight flows by mode: June 2014 - 2015. Graphic: U.S. DOT.

The value of freight moved between the U.S. and its North America Free Trade Agreement partners fell in June, according to a new Transportation Department report, totaling $99 billion, as all modes except truck carried less freight.

Tags: Canada, Economy, Cross-Border Trucking, Mexico, Surface Trade

August 27, 2015 - Industry News

Economic Watch: Growth Accelerates in Second Quarter

The U.S. economy grew by leaps and bounds in the second quarter of the year compared to the first quarter, according to a new government estimate released Thursday, which should ease investors fears in the wake of a global stock market sell-off.

Tags: Economy, GDP, Gross Domestic Product

August 25, 2015 - Industry News

Economic Watch: Latest Readings Don’t Merit Wall Street's Panic

The underlying fundamentals of the U.S. economy are better than, or at least nowhere near as bad as, the panic that set into Wall Street starting late last week and extended into Monday, according to several newly released reports.

Tags: Economy, Consumer Confidence, Manufacturing, Home Sales, Non-Manufacturing, Leading Economic Indicators

August 19, 2015 - Industry News

Economic Watch: Inflation Below Fed's Goal for Raising Interest Rates

Inflationary pressures on the U.S. economy remain low, as evidenced by a report released Wednesday by the Commerce Department showing an increase of just 0.1% in July from the month before.

Tags: Economy, Consumer Prices

August 18, 2015 - Industry News

Truckload Rates Rising Rapidly, Intermodal Lagging

Truckload shipping rates continue to rise, while intermodal shipping continues to get cheaper, according to two of the latest monthly readings. A wider report on freight transportation showed a seasonal lull.

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



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