Fleet Management

Economy

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May 13, 2013 - Industry News

Retail Sales Rise in April

Retail sales in the United State edged slightly higher in April after falling the month before, but analysts say the gains are broad-based.

Tags: Economy, Retail Sales

May 3, 2013 - Industry News

Big Job Gains in April, Reports U.S. Labor Department

Job creation overall in the United States as well as in trucking both posted solid gains in April according to a new report, leading to a surge on Wall Street as well as an increase in the price of oil.

Tags: Economy, Unemployment

April 24, 2013 - Industry News

Durable Goods Shipments Increase in March but New Orders Slide

The government’s first look at shipments and new orders for manufactured durable goods in the U.S. during March shows mixed performance.T he U.S. Commerce Department reports shipments increased in March from the month before by 0.4% to $230 billion. This is the highest level on record, going back to 1992.

Tags: Economy, Durable Goods

April 24, 2013 - Industry News

ATA Truck Tonnage Index Increased 0.9% in March

The American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index gained 0.9% in March after decreasing 0.7% in February. Tonnage has now increased in four of the last five months.

Tags: ATA, Truck Tonnage Index, Economy

April 23, 2013 - Industry News

Reports Show Home Sales Slowly Improving

Sales of new homes in the United States continue getting better, while sales of existing ones have dipped just slightly.

Tags: Economy, Housing

April 18, 2013 - Industry News

Index for Future U.S. Economic Activity Falls Slightly

The latest read on where the U.S. economy is heading suggests activity will slow a bit in the coming months.

Tags: Economy, The Conference Board

April 16, 2013 - Industry News

Latest Economic Numbers Better Than Last Week’s

The latest numbers about the health of the U.S. economy are more upbeat than those that came out last week. Industrial production rose in March by 0.4% from the month before due to utilities using more energy and a surge in auto production and new homes starts in the country have hit an annual level not seen in nearly four years.

Tags: Economy, Industrial Production, Home Starts, Consumer Prices

April 12, 2013 - Industry News

Latest Economic Numbers Disappointing

Retail sales in March fell the most in nine months.

Retail sales and consumer confidence have taken a downturn, but the reasons for it aren’t clear, while producer prices fell and business inventories have barely moved higher.

Tags: Economy, GDP, Retail Sales, Consumer Confidence

April 5, 2013 - Industry News

Overall Job Growth Slows in March, Trucking Jobs Fall

Job growth in the United State stumbled in March, according to a report released Friday morning. Employers added a total of only 88,000 jobs, according to the U.S. Labor Department, about half the number many analysts were expecting.

Tags: Economy, Unemployment

April 2, 2013 - Industry News

Factory Orders/Shipments and Construction Spending Post Gains

A new full report from the U.S. Commerce Department shows factory goods shipments and orders are continuing a nearly non-interrupted streak of increases, which combined with other evidence bodes well for the near future of trucking.

Tags: Economy, Durable Goods, Manufacturing, Construction

March 19, 2013 - Industry News

ATA Truck Tonnage Index Edged Higher In February

The American Trucking Associations' Truck Tonnage Index rose 0.6% in February, marking the fourth straigth month of increases -- which hasn't happened since late 2011.

Tags: Economy, ATA, Truck Tonnage Index

March 6, 2013 - Industry News

Factory Shipments, Orders Reports Better Than They Appear

If you take out the volatile, often big-ticket transportation sector, manufacturing numbers look a lot better.

A new government report on U.S. manufactured shipments and orders for February is the latest in a recent string of economic numbers that sound worse than they really are.

Tags: Economy, Durable Goods, Manufacturing

March 6, 2013 - Industry News

TCA Fleet Panel Sees Drop in Driver Applications, But Positive Signs on Economy, Freight, Rates

Lana Batts, Max Fuller, Derek Leathers and Dan England during TCA's Tuesday General Session.

The driver shortage is already intensifying, with the number of both new and experienced driver applicants down over the last couple of months, as economic signs lead to improved optimism about increases in freight and rates this year, according to a panel discussion of three major truckload executives Tuesday at the Truckload Carriers Conference annual convention in Las Vegas.

Tags: Drivers, Economy, Hours of Service, C.R. England, Werner Enterprises, TCA, U.S. Xpress

March 5, 2013 - Industry News

Steve Forbes Lays Out Policy Changes That Could Jump-Start Economy

Many economists have called the slow 1.5% to 2% GDP growth "the new normal." But Steve Forbes, chairman and editor in chief of Forbes Media, calls it "the new abnormal" and believes a few significant policy changes would turn things around.

Tags: Economy, Health Issues, TCA, Business Costs

February 26, 2013 - Industry News

New Reports Show Bright Spots In The Economy

While trucking and the rest of the nation are nervous about the increasing likelihood of federal budget sequestration and its effect on the economy, some of the first numbers out show the year has started off better than expected.

Tags: Economy, Consumer Confidence, Housing

February 15, 2013 - Industry News

Consumer Confidence Better than Expectations, Industrial Production up Year over Year

Consumer confidence rose in February, according to the latest Thompson Reuters/University of Michigan survey, blowing past what a poll of economists were forecasting, but January industrial production numbers were not so stellar.

Tags: Economy, Consumer Confidence, Industrial Production

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 14, 2013 - Industry News

Retail Sales Barely Move Higher In January

Retail sales for the country started off in low gear during January, hitting their slowest pace in three months, with some analysts blaming the expiration of Social Security payroll tax cuts for the drop.

Tags: Economy, Retail Sales

February 11, 2013 - Industry News

Truckload and Intermodal Linehaul Rates Rose In January

Truckload linehaul rates rose for the fourth straight month in January, increasing 0.9% from December, according to the Cass Truckload Linehaul Index. Annually, rates are up 4.1% from last January. Superstorm Sandy may have much to do with the larger-than-normal January increase.

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

February 7, 2013 - Industry News

FTR Trucking Conditions Index Remains at Normal Recovery Level

FTR’s Trucking Conditions Index for December came in with a reading of 8.38, which the transportation forecasting group says is reflective of the current good environment for truckers.

Tags: Economy, Hours of Service, FTR, rates, Trucking Conditions Index

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 5, 2013 - Industry News

Fleet Sentiment Report Showing Positive Signs for CV Purchases

The sixty-four responses received by CK Commercial Vehicle Research to their Q1 2013 Fleet Sentiment Report inquiry show positive signs for medium and heavy commercial truck and trailer purchases.

Tags: Economy, Truck Sales, Trailer Sales, FSR

February 4, 2013 - Industry News

Diesel, gasoline prices jump

Both diesel and gasoline prices saw a significant increase this past week. Diesel prices jumped an average of 9.5 cents per gallon across the nation to settle at $4.02.

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

February 4, 2013 - Industry News

Study shows shale boom provides boost to trucking

Shale energy exploration, the growing practice of deep horizontal drilling to harvest oil and natural gas previously beyond reach, has changed America’s energy industry and overall economy.

Tags: Fracking, OIl, Natural Gas, Ohio, Pennsylvania, Texas, Louisiana, North Dakota, Economy

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

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