Fleet Management

Economy

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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

February 4, 2013 - Industry News

U.S. Factory Orders Rise, Following Lackluster Report on GDP

Factory orders in December offered better economic news than last week's GDP numbers, though not as good as analysts were expecting.

Tags: Economy, GDP, Factor Orders, Unemployment

January 31, 2013 - Industry News

Daimler Confirms Potential Layoffs of 1,300 Workers

Daimler Trucks North America is in the process of notifying approximately 1,300 production workers across DTNA’s North American manufacturing facilities of a potential layoff in compliance with the Worker Adjustment and Retraining Notification Act, according to the company.

Tags: Economy, Daimler

January 28, 2013 - Industry News

Used Truck Sales Volumes Show Mixed Results for the Year

The wholesale used market was the only segment to grow from 2011 to 2012, up 3%. The auction and retail markets both fell 11%.

Tags: Economy, ACT Research, Used Trucks

January 28, 2013 - Industry News

Trailer Order Volume Strongest Since March 2006

Following a modest pullback in November, the trailer industry closed 2012 on a strong note: December saw new orders rise to a multi-year high, while cancellation activity remained at modest levels.

Tags: Economy, Trailers, ACT Research

January 22, 2013 - Industry News

Truck Tonnage Index Jumped 2.8% in December

The American Trucking Associations' advanced seasonally adjusted For-Hire Truck Tonnage Index increased 2.8% in December after surging 3.9% in November. The 3.9% gain in November was revised from a 3.7% increase ATA reported on Dec. 18

Tags: Economy, ATA, Truck Tonnage

January 21, 2013 - Industry News

Economy is in Expansion, but New Normal Dampens Enthusiasm

LAS VEGAS -- Although business investment has slowed due to uncertainty over fiscal negotiations in Washington, the economy is not in any imminent danger of sliding into a recession, said economist Bob Dieli during Heavy Duty Aftermarket Dialogue Monday the day before Heavy Duty Aftermarket Week

Tags: Economy, HDAW, HDMA

January 21, 2013 - Industry News

FTR's Shippers Conditions Index Begins Expected Decline

FTR Associates Shippers Conditions Index for November fell marginally from October to a reading of -5.3, the precursor to what is expected to be a more challenging environment for shippers -- meaning more leverage for truckers -- in 2013

Tags: Economy, FTR, Shippers

January 15, 2013 - Industry News

Top 10 Equipment Acquisition Trends for 2013

The Equipment Leasing and Finance Association, which represents the $725 billion equipment finance sector, revealed its Top 10 Equipment Acquisition Trends for 2013. Given that every year U.S. businesses, nonprofits and government agencies spend in excess of $1.2 trillion in capital goods or fixed business investment (including software), financing more than half of those assets, these trends impact a significant portion of the U.S. economy

Tags: Economy, Leasing, Truck Sales

January 4, 2013 - Industry News

October 2012 Surface Transportation Trade with Canada and Mexico Totaled $85.3 Billion

Trade using surface transportation between the United States and its North American Free Trade Agreement partners, Canada and Mexico, rose 7.9% in October 2012 compared to October 2011. Trade totaled $85.3 billion, unadjusted for inflation, according to the Bureau of Transportation Statistics of the U.S. Department of Transportation. Adjusted for inflation and exchange rates, the October 2012 total was $61.7 billion in 2004 dollars, up 7.6% from October 2011

Tags: Economy, NAFTA, Surface Trade, BTS

December 20, 2012 - Industry News

ACT: New and Used Truck Sales, Trailer Orders Slide

MD & HD Orders Better Than Average, but below October November Class 5 through Class 8 truck orders in North America were better than 2012's average, but fell below Octobers promising level of activity, according to ACT Research Co

Tags: Economy, Truck Orders, ACT

December 19, 2012 - Industry News

Shippers Conditions Index Improves, But Only Temporarily

FTR Associates' Shippers Conditions Index for October improved month-over-month by nearly two points to a reading of -5.0, but FTR analysts predict the pendulum will soon swing back toward the carriers' side of the equation

Tags: Economy, FTR, SCI

December 18, 2012 - Industry News

Truck Tonnage Index Rebounds in November

The American Trucking Associations' advanced seasonally adjusted For-Hire Truck Tonnage Index jumped 3.7% in November. The first gain since July, it erased October's 3.7% drop

Tags: Economy, ATA, Truck Tonnage

December 12, 2012 - Industry News

DOT Index Shows October Freight Shipments Dropped

The amount of freight carried by the for-hire transportation industry fell 1.9% in October from September, declining after a one-month increase

Tags: Economy, Sandy, BTS, TSI

December 12, 2012 - Industry News

Trucking Conditions Index Begins Expected Climb

FTR Associates' Trucking Conditions Index started to rise significantly in September as expected. It recorded a 65% increase over the August index numbers to a level of 9.6, before giving back some of that gain in October, easing to a reading of 7.9

Tags: Economy, FTR, Drivers

December 11, 2012 - Industry News

Sandy Helps Drive Van, Reefer Spot Freight up in November

Spot freight rose 3.6% in the U.S. and Canada November over October, according to the DAT North American Freight Index -- the first time November freight volumes outpaced October levels since the DAT Freight Index was established in 1996

Tags: Economy, Freight

December 5, 2012 - Industry News

November Truck Orders Slow

November truck orders dropped from October's unexpectedly high level, and are expected to be around 20,000 units for Class 8 when final numbers come in

Tags: Economy, ACT Research, Truck Orders, FTR

November 28, 2012 - Industry News

Used Truck Market Back on Track in October

After a brief hiatus in September, the used truck market appears to moving in the right direction, as Class 8 unit sales improved 6% month-over-month

Tags: Economy, ACT Research, Used Trucks

November 26, 2012 - Industry News

'Carriers Have No Sense of Their Pricing Power.' A Q&A With Noel Perry

If, as many economists are predicting, we start to see decent economic growth in the second half of 2013, trucking will have an almost unprecedented advantage in the marketplace to adjust rates upward and turn operating ratios on their ear

Tags: Economy, rates

November 25, 2012 - Industry News

Truck, Trailer Orders Rebound in October

Both medium-duty and heavy-duty truck orders rebounded in October in the North American commercial vehicle market, while new trailer orders rose by nearly a third from September, reports ACT Research Co

Tags: Economy

November 20, 2012 - Industry News

Sandy Affects October Truck Tonnage Figures

Superstorm Sandy helped drive tonnage figures down in October, resulting in the lowest level for the American Trucking Associations' seasonally adjusted For-Hire Truck Tonnage Index since May 2011

Tags: Economy, ATA, Sandy, Truck Tonnage

November 19, 2012 - Industry News

Shippers Conditions Index for September Same as August

FTR Associates' Shippers Conditions Index for September basically remained unchanged from August with a reading of 6.9, indicating stable but slightly tight truck capacity

Tags: Economy, FTR, SCI

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