Fleet Management

Economy

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November 15, 2012 - Industry News

Freight Shipments Rose 0.2% in September from August

The amount of freight carried by the for-hire transportation industry rose 0.2% in September from August, rising after a one-month decline

Tags: Economy, Freight, BTS

November 15, 2012 - Industry News

Spot Freight Market Down Year Over Year in October

Spot freight was up only slightly in October from the previous month and fell year-over-year, according to the DAT North American Freight Index

Tags: Economy, Freight

November 12, 2012 - Industry News

Economy, Trucking to Get Boost from Sandy

Debris and clean-up operations continue in Long Beach, New York. (FEMA photo)

The economic recovery is progressing at a normal pace, and rebuilding from "superstorm" Sandy will be a boon for some sectors of the economy, including flatbed truckers, according to trucking economist Noel Perry

Tags: Economy, Sandy

November 5, 2012 - Industry News

Fleet Survey Indicates Increase in Planned Order Activity

Fleets surveyed by CK Commercial Vehicle Research were increasing their planned order activity for power units in the coming three months, while planned trailer orders slowed. Freight demand, while slipping somewhat, is still solid at most fleets, according to the Q4 Fleet Sentiment Report, but it's still solid at most fleets

Tags: Fleets, Truck Orders, Economy, Navistar

November 5, 2012 - Industry News

August Surface Trade with Canada and Mexico Rose 2.6%

Trade using surface transportation between the United States and its North American Free Trade Agreement partners, Canada and Mexico, was 2.6% higher in August 2012 than in August 2011.

Tags: Economy, Mexico, Canada, NAFTA, Surface Trade

November 4, 2012 - Industry News

Class 8 Orders Look Stronger for October

Preliminary data shows October Class 8 truck orders around 23,000 units - the highest since January. FTR Associates, Nashville, Ind., puts the number at at 22,760, 50% higher than the previous month and much improved over third quarter averages, while ACT Research, Columbus, Inc., projects orders will approach 23,200 units for Class 8 trucks and 18,500 for medium duty Class 5-7 vehicles

Tags: Economy

November 1, 2012 - Industry News

Losses to Trucking from Sandy Will Be Recouped in Future

President Barack Obama and New Jersey Gov. Chris Christie talk with citizens who are recovering from Hurricane Sandy, while surveying storm damage in Brigantine, N.J. (Official White House Photo by Pete Souza)

Hurricane Sandy hit a region that's both densely populated and important economically. According to IHS Global Insight, the initial estimate of economic losses are in the $30-$50 billion range. However, some trucking companies may see a boost in both the near term and longer term

Tags: Economy

October 28, 2012 - Industry News

Used Truck Market Suffers Weak Performance in September

September's weak performance all but wiped out the gains that had been made in the used truck market the prior three months

Tags: Economy

October 24, 2012 - Industry News

Trailer Orders Gain Strength in September

Net orders for trailers jumped 11% month-over-month in September, rising to 16,990 units. That is a seasonally adjusted annual rate of 224,800 units

Tags: Economy

October 23, 2012 - Industry News

ATA Truck Tonnage Index Rose 0.4% in September

The American Trucking Associations' For-Hire Truck Tonnage Index increased 0.4% in September after falling 0.9% in August

Tags: Economy

October 13, 2012 - Industry News

DAT Freight Index Softened in September

The DAT North American Freight Index reports a softer spot market in September. The seasonal decline in overall freight volume was attributed to a reduction in flatbed and reefer freight availability. Both equipment types experienced a decline month-over-month. However, while flatbed volumes were down compared to the prior year by 13%, reefer freight volumes rose by 1.1% when compared with September 2011.

Tags: Economy

October 13, 2012 - Industry News

Freight Shipments Fell 0.6% in August from July

The amount of freight carried by the for-hire transportation industry fell 0.6% in August from July, declining after a one-month rise. This information is according to the U.S. Department of Transportation's Bureau of Transportation Statistics' Freight Transportation Services Index

Tags: Economy

October 9, 2012 - Industry News

Economic Panel Sees Mixed Forecast for Trucking, Economy

Stuart Varney moderates an economic panel during the American Trucking Associations' annual conference.

LAS VEGAS - A panel discussion on the economy indicated that the economy and trucking will continue to see slow but steady growth of around 2% GDP through 2013, barring something like a total financial crisis in the Eurozone or the unlikely aspect of Congress driving the country over the "financial cliff" looming at the end of the year

Tags: Economy

October 9, 2012 - Industry News

Diesel Prices Up Slightly

The slow downward trend of diesel and gasoline prices seems to have halted this week

Tags: Economy

October 8, 2012 - Industry News

Class 8 Preliminary Net Orders Remain Soft in September

North America heavy-duty GVW Class 8 commercial vehicle preliminary net orders for September remained soft, according to the ACT Research

Tags: Economy

October 4, 2012 - Industry News

FTR Trucking Conditions Index Moves Higher in August

If the economy keeps up its slow but steady improvement, FTR predicts a better 2013.(Photo courtesy Con-way)

FTR expects trucking conditions to improve in 2013, thanks to modestly better economics and a strong increase in capacity utilization stemming from added constraints on trucking from federal regulations taking effect in mid-year

Tags: Economy

October 2, 2012 - Industry News

Few Carriers Expect to Add Much Capacity in Next Year

The number of carriers who expect to add little or no capacity in the next 12 months has remained fairly constant at around 70-74% for the last five quarters, according to Transport Capital Partners' Third Quarter 2012 Business Expectations survey

Tags: Economy

October 2, 2012 - Industry News

Survey Finds Logistics Companies Weathered Tepid Economic Conditions in 2011

Dr. Bob Lieb, professor of supply chain management at Northeastern University in Boston, is author of the 19th Annual Survey of Third-Party Logistics Providers, sponsored by Penske Logistics.

In spite of a slow economic climate, 74% of North American logistics companies surveyed achieved or exceeded revenue projections in 2011, according to the 19th Annual Survey of Third-Party Logistics Providers. However, companies that failed to meet their financial projections were up sharply from 14% in 2010 to 26% in 2011

Tags: Economy

October 1, 2012 - Industry News

ACT Research: Used Truck Market is Still Robust, Trailer Orders Improve

In August, ACT Research reports, pricing for used trucks continued to climb along with net orders for trailers

Tags: Economy

September 25, 2012 - Industry News

Economy Shuffles Along

ORLANDO, Fla. - Unless we go over the "fiscal cliff," the U.S. economy should continue to grow, but at a very modest rate, said Bob Costello, chief economist and vice president of the American Trucking Associations

Tags: Economy

September 25, 2012 - Industry News

Tonnage Index Down 0.9% in August, up Modestly YoY

The American Trucking Associations' tonnage index dropped fell in August compared to September but showed modest growth over last year

Tags: Economy

September 20, 2012 - Industry News

Class 8 Demand Remains Soft in August

Weakness at the front end of the demand cycle for heavy duty commercial vehicles persisted into August, although underlying fundamentals are healthy, according to ACT Research Co

Tags: Economy

September 14, 2012 - Industry News

FTR Reports Shippers Conditions Index Starts Expected Decline in July

FTR Associates' Shippers Conditions Index for July fell to a reading of -4.5, starting the expected steady decline as shippers and carriers feel the impact of increased regulatory drag heading into 2013

Tags: Economy

September 14, 2012 - Industry News

Survey: Fewer Carriers Expect Volume Growth

Results from Transport Capital Partners' Third Quarter 2012 Business Expectations Survey show that much like 2011, the optimism expressed in the first quarter was tempered by the reality that the economy was likely to remain questionable for the year ahead

Tags: Economy

September 13, 2012 - Industry News

July Freight Shipments up 0.1% Month-over-Month

The amount of freight carried by the for-hire transportation industry rose 0.1% in July from June, rising after a one-month decline, according to the U.S. Department of Transportation's Bureau of Transportation Statistics' Freight Transportation Services Index

Tags: Economy

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