Fleet Management

After a one-month increase, the amount of freight carried by the for-hire transportation industry fell 0.8% in March from February, reports the Bureau of Transportation Statistics' Freight Transportation Services Index. The March level was 16% above the April 2009 low during the recession

Tags: Economy

Economic growth is expected to continue in the United States throughout the remainder of 2012, say the nation's purchasing and supply executives in their spring 2012 Semiannual Economic Forecast

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The freight market continued to grow in April at the slow pace we have experienced for most of the recovery, with North American freight volumes rising 1.9% from March to April, according to the Cass Freight Index

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For-hire trucking companies added 1,800 payroll jobs in April, according to the latest estimates released from the Bureau of Labor Statistics. This comes after a loss of 2,500 in jobs in March, which the BLS adjusted after initially estimating a loss of 1,900 jobs

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Import cargo volume at the nation's major retail container ports will be flat in May compared with the same month last year, but is expected to see solid year-over-year increases through this summer and the back-to-school season, according to the monthly Global Port Tracke

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FTR's Trucking Conditions Index for March improved to a reading of 6.4, a half point higher than the previous month, according to the May 2012 Trucking Update. FTR forecasts the index to continue a steady climb throughout 2012, reaching a double-digit positive reading by early 2013.

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Orders for Class 6 through 8 trucks dropped from March to April

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Trade using surface transportation between the U.S. and its North American neighbors, Canada and Mexico, was 17.4% higher in February 2012 than in February 2011, totaling $78.1 billion, according to the Bureau of Transportation Statistics of the U.S. Department of Transportation

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March saw Class 8 used-truck pricing slip for the second consecutive month

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Net orders for trailers fell 11% month-over-month in March, but for the quarter, were almost identical to orders in the first quarter of 2011, according to State of the Industry: U.S. Trailers published by ACT Research Co

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Don't expect the rate of growth this year to mirror the last couple of years, said American Trucking Associations' Chief Economist Bob Costello, referring to the 5.8% growth in both 2010 and 2011

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FTR Associates' Shippers Conditions Index for February dropped by a full point from the previous month to a reading of -5.6, spelling good news for tracking as demand for trucking services grew strongly in what is normally a slack month

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The amount of freight carried by the for-hire transportation industry rose 0.5% in February from January, rising after a one-month decline, according to the Bureau of Transportation Statistics' Freight Transportation Services Index

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The number of heavy-duty truck drivers in 2011 rose 2.8% to 1.51 million from 1.46 million in 2010. It's the first yearly increase in the number of heavy truck drivers since 2008, when the number was 1.67 million, according to the Bureau of Labor Statistics.

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Strong productivity from an unseasonably warm winter should generally offset moderating year-over-year volume growth, the transportation analysts at Jefferies and Company say in their 1Q preview

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March Class 8 truck orders were 11% below February, according to FTR Associates' preliminary data, and below the trucking forecasting firm's expectations. One explanation could be higher fuel prices

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The final numbers for March net orders, which will be released mid-April, will approach 20,000 units for heavy-duty Class 8 trucks and 13,500 for medium-duty Classes 5-7 vehicles, reports ACT Research

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FTR's Trucking Conditions Index for February eased very slightly to a reading of 5.9. FTR forecasts the February reading to be the low point for 201

Tags: Economy