Fleet Management

Economy

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May 15, 2012 - Industry News

FTR: Trucking Industry Seeing Relatively Good Recovery

The trucking industry, at least for the short term, is experiencing good recovery, according to FTR Associates Senior Consultant Noel Perry. The recovery has maybe a year and a half or two years to go, he said during FTR's "State of Freight" webinar

Tags: Economy

May 14, 2012 - Industry News

FTR Shippers Conditions Index Steadies in March

FTR Associates' Shippers Conditions Index for March did not show much change from the previous month. The index currently stands at -5.3, representing a moderately unfavorable condition for shippers that is expected to persist until the onset of the busy fall shipping season

Tags: Economy

May 9, 2012 - Industry News

Freight Shipments Fell 0.8% in March from February

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

May 9, 2012 - Industry News

Economic Growth to Continue Throughout 2012

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

Tags: Economy

May 8, 2012 - Industry News

Freight Volumes Show Slow But Continued Growth

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

Tags: Economy

May 8, 2012 - Industry News

Trucking Jobs Grow by 1,800 in April

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

Tags: Economy

May 8, 2012 - Industry News

Increases in Retail Container Traffic Expected Through Back-to-School Season

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

Tags: Economy

May 3, 2012 - Industry News

FTR's Trucking Conditions Index Begins Steady Climb in March

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.

Tags: Economy

May 3, 2012 - Industry News

Commercial Vehicle Orders Soft in April

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

Tags: Economy

May 1, 2012 - Industry News

Containerized Exports Rebound in March

Driven by a surge in furniture and auto parts shipments to the U.S., containerized imports in March rose 7.3% over 2011. This increase to 1.37 million 20-foot-equivalent units came on the heels of a 5.9% decline in February

Tags: Economy

May 1, 2012 - Industry News

Feb. Surface Trade with Canada and Mexico Rose 17.4% Year-Over-Year

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

Tags: Economy

April 26, 2012 - Industry News

Pricing for Used Class 8 Slips Again in March

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

Tags: Economy

April 25, 2012 - Industry News

March Net Orders Signal Healthy Trailer Industry

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

Tags: Economy

April 24, 2012 - Industry News

Truck Tonnage Inches up in March

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

Tags: Economy

April 20, 2012 - Industry News

Truck Makers Report Choppy Order Volume in First Quarter

Mack says it has not had to cut production as some truck makers have.

Demand for Class 8 trucks "has hit a soft patch," but at least one industry analyst expects that to be temporary. March Class 8 new and net orders of 22,038 and 20,025 units, respectively, were the lowest order volume since last July, reports ACT Research Co

Tags: Economy

April 18, 2012 - Industry News

Shippers Conditions Index Tumbles in February

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

Tags: Economy

April 17, 2012 - Industry News

Spot Market Freight Availability and Rates Up in March

Freight availability and rates on the spot market increased month-over-month and declined slightly year-over-year, according to TransCore's DAT North American Freight index. The index rose 40% from February to March but was down 6.1% compared to March 201

Tags: Economy

April 11, 2012 - Industry News

Freight Shipments up 0.5% in February

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

Tags: Economy

April 11, 2012 - Industry News

Fourth-Quarter Driver Turnover Makes Surprise Drop

After a year of quarterly increases, the turnover rate for truck drivers at large truckload fleets unexpectedly dipped one percentage point to an annualized rate of 88%, according to American Trucking AssociationsChief Economist Bob Costello

Tags: Economy

April 10, 2012 - Industry News

Retail Container Traffic Predicted to Increase 3.2% in April

The first half of 2012 should total 7.3 million TEUs, up 2.2% from the same period last year.(Photo by Ed Alfaro)

Import cargo volume at the nation's major retail container ports is expected to increase 3.2% in April compared with the same month last year. Year-over-year gains should continue through the end of summer, according to the monthly Global Port Tracker

Tags: Economy

April 10, 2012 - Industry News

Sluggish Growth in Freight Volumes; Rates Remain Flat

Freight shipment volumes continued their sluggish pace upward in March, increasing 2.1% from February, according to the Cass Freight Index. Freight spending, meanwhile, increased 1%. This is the second month in a row that shipment growth exceeded cost growth, signifying that rates have remained relatively flat.

Tags: Economy

April 6, 2012 - Industry News

2011 Driver Numbers, Wages Increase; March 2012 Sees Drop in Drivers

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.

Tags: Economy

April 5, 2012 - Industry News

Higher Rates on Spot Market Affect Broker Use

In light of small rate increases and the challenge of renegotiating accessorials, more carriers are moving to brokers to find higher rates on the spot market.

Carriers are continuing to move away from the use of brokers, although not as much as in 2011, according to Transport Capital Partners

Tags: Economy

April 4, 2012 - Industry News

Jefferies: Mild Weather Offsets Mild Freight Volumes, Driver Shortage Ups Pay in 1Q

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

Tags: Economy

April 4, 2012 - Industry News

FTR: Preliminary Class 8 Orders for March 11% Below February

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

Tags: Economy

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