Fleet Management

Economy

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May 29, 2013 - Industry News

Trucking Continues as Dominant Freight Transportation Mode

A new report issued by the American Trucking Associations shows trucking continues to be the dominant mode of freight transportation in the United States as even more goods were delivered by truck.

Tags: Economy, ATA, Freight

May 29, 2013 - Industry News

Freight Movements Between U.S. & NAFTA Countries Mixed, Trucking Still Dominates

A new U.S. Transportation Department report shows the value of goods moving between the U.S. and its NAFTA partners by all modes of transportation decreased by 4% in March compared to a year ago, but rose 63.7% compared to March 2009.

Tags: U.S. Department of Transportation, Freight, NAFTA, Canada, Mexico, Economy

May 28, 2013 - Industry News

Consumer Confidence Hits Five-Year High

Despite federal budget cutbacks and people getting hit with Social Security taxes returning to normal, consumers feel better about the American economy than they have in five years.

Tags: Economy, Consumer Confidence

May 24, 2013 - Industry News

Durable Goods Shipments and Orders Mixed, Home Sales Heading Higher

A first look one economic indicator shows improvement in one area of durable goods while conditions lag in another – but some analysts say this part of U.S. economy continues to improve.

Tags: Economy, Durable Goods, Home Sales

May 17, 2013 - Industry News

Leading Economic Indicators and Consumer Sentiment Rise

A barometer of future U.S. economic activity rose in April following a drop in March, signaling growth could speed up later in the year. The Index of Leading Economic Indicators from the private research group The Conference Board, shows a 0.6% gain in April to 95, following a downwardly revised 0.2% drop in March.

Tags: Economy, Consumer Confidence, The Conference Board

May 15, 2013 - Industry News

Industrial Production, Producer Prices Fall in April

Industrial production in the United States tumbled in April, the biggest drop in eight months. The Federal Reserve says the total output at the nation’s factories, mines and utilities fell 0.5% following a downwardly revised 0.3% gain in March.

Tags: Economy, Industrial Production, Wholesale Prices

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: Industrial Production, Home Starts, Consumer Prices, Economy

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: Health Issues, TCA, Business Costs, Economy

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: Freight, DAT, Spot Freight, Brokers, Economy

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

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