Fleet Management

Economy

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June 19, 2013 - Industry News

Logistics Report: Get Used to the ‘New Normal’ of Slow Growth

Considering the implosion that occurred in the wake of the go-go years before 2007, the current condition of slow economic growth has a certain appeal, according to the author of a new State of Logistics Report.

Tags: Economy, Logistics, 3PL

June 14, 2013 - Industry News

New Numbers Show Economy May be Better Than Earlier Thought

While not all the recent numbers that measure the health of the U.S. economy are glowing, they are not as bad, and in some cases much better, than analysts were expecting during this second quarter.

Tags: Economy, Consumer Confidence, Retail Sales, Industrial Production

June 11, 2013 - Industry News

FTR Gives Insight Into State of General Economy, Trucking Industry

To sum up the general economic outlook for the upcoming months in one sentence: More of the same for 2013 and then better in 2014. That is how FTR Associates Senior Consultant Bill Witte predicted the overall economy will be in the near future at the recent State of Freight Summit held by FTR.

Tags: Economy, Driver Shortage, FTR, State of Freight

June 7, 2013 - Industry News

Trucking Sheds Jobs in May While 175,000 Added Overall

Despite a drop in trucking jobs in May, employment in the for-hire trucking segment is up greatly from earlier levels, with about 40,000 jobs being added in the past 12 months and around 152,000 added from three years ago.

Tags: Economy

June 4, 2013 - Industry News

Increasing Traffic Congestion May Point to Strengthening Economy

If traffic congestion is a good indicator of the health of the economy, then some economists’ recent concerns about hitting a so-called “soft patch” during the current quarter may be unfounded.

Tags: Economy, Traffic Congestion

June 3, 2013 - Industry News

Construction Spending Increases, Manufacturing Declines

Total spending in the United State on construction remains volatile. while manufacturing has declined. A new report from the U.S. Commerce Department show construction spending in April increased 0.4% from the month before. In March activity fell 0.8%, after rising in February and declining 4% in January.

Tags: Economy, Construction, Manufacturing

May 31, 2013 - Industry News

Consumer Spending Retreats but Consumers are Very Upbeat

Consumers pulled back on their spending in April -- dropping 0.2% from a downwardly revised 0.1% increase in March -- but still have good confidence in the American economy, according to separate reports.

Tags: Economy, Consumer Confidence, Consumer Spending

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: 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

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