Fleet Management


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August 18, 2015 - Industry News

Economic Watch: Homebuilding Best in Years

The U.S. housing market continues to improve, with new home starts hitting their highest level in seven years and builder optimism the best in nearly a decade.

Tags: Economy, Home Starts, Home Building

August 14, 2015 - Industry News

Economic Watch: Factory Activity, Wholesale Prices, Consumer Confidence

The amount of activity at the nation’s factories, mines and utilities turned in its best performance in eight months during July, according to a new Federal Reserve report on Friday.

Tags: Economy, Consumer Confidence, Industrial Production, Wholesale Prices, Consumer Sentiment

August 13, 2015 - Industry News

For-Hire Freight Activity Mixed During June

Freight Transportation Services Index, June 2010 - June 2015. Graphic: U.S. DOT

A measure of the amount of for-hire freight movements in the U.S. posted mixed numbers for June, according to new Transportation Department figures.

Tags: Economy, Freight, Freight Index

August 13, 2015 - Industry News

Economic Watch: Retail Sales Recover Following Slump

U.S. consumers showed a new willingness to spend more money last month, an indication there may be increasing momentum in the economy.

Tags: Economy, Retail Sales

August 10, 2015 - Industry News

Earnings Watch: XPO Logistics, Echo Global Logistics

Two varied freight transportation and logistics providers recently reported second quarter earnings, with one showing a big leap in business following two purchases while the other moved into the red, but only slightly.

Tags: Economy, XPO Logistics, Echo Global Logistics, Fleet Earnings

August 7, 2015 - Industry News

Economic Watch: Trucking, Overall Employment Improve

As for-hire trucking employment hit its highest level in more than eight years, total non-farm employment in the U.S. increased by 215,000 jobs while the unemployment rate remained unchanged.

Tags: Economy, Unemployment, Employment

August 5, 2015 - Industry News

Economic Watch: Job Gains Moderate, Service Sector Jumps

Even as service sector growth surged in July, a lackluster employment report is leading to more speculation on whether the Federal Reserve will raise interest rates at its September meeting.

Tags: Economy, Non-Manufacturing, Employment

August 4, 2015 - Industry News

Earnings Watch: Roadrunner Transportation, USA Truck

Roadrunner Transportation Systems Inc. on Tuesday reported increases for both profit and revenue for the second quarter of the year.

Tags: USA Truck, Fleet Earnings, Roadrunner Transportation, Economy

August 3, 2015 - Industry News

Economic Watch: Manufacturing Uneven, Consumer Spending Strong

The pace of U.S. manufacturing growth, a key indicator affecting trucking, slowed in July from its highest level in five months, according to a survey of the nation’s supply executives.

Tags: Economy, Manufacturing, Consumer Spending, Personal Income

August 3, 2015 - Industry News

ArcBest Reports $20 Million Profit

With record second-quarter revenue, ArcBest's net income rose to $20 million, or 74 cents per diluted share, from $17.2 million, or 64 cents per diluted share a year earlier.

Tags: Economy, ABF, ArcBest Corp., Fleet Earnings, LTL

July 30, 2015 - Industry News

Economic Watch: GDP Jumps in Second Quarter, First Quarter Revised Upward

The first reading on how well the American economy performed in the second quarter of the year shows it accelerated well ahead of the first quarter pace, according to the U.S. Commerce Department.

Tags: Economy, GDP

July 30, 2015 - Industry News

Earnings Watch: YRC Back in the Black, ODFL Profit Up 16%

UPDATED -- The parent to several trucking companies moved from a loss in the second quarter of last year to a profit in the most recent quarter.

Tags: Economy, Old Dominion Freight Line, Fleet Earnings

July 29, 2015 - Industry News

Earnings Watch: Saia, Heartland Express, Roadrunner, Con-way, Celadon

Five more trucking companies have reported quarterly earnings – but not all showed gains over a year ago.

Tags: Economy, Con-way Freight, Celadon Group, Roadrunner Transportation, Con-way Truckload, Heartland Express, Saia, Con-way Inc., Fleet Earnings

July 28, 2015 - Industry News

Consumer Confidence Drops, Service Sector Rebounding

UPDATED -- Economic Watch: Consumers are not feeling quite as rosy about the U.S. economy, while a separate report shows a rebound in economic conditions for the U.S. services sector.

Tags: Economy, Consumer Confidence, Non-Manufacturing

July 28, 2015 - Industry News

UPS Second Quarter Profit Skyrockets

Trucking and parcel delivery giant UPS reported a huge increase in its second quarter profit – 170% – despite a slight drop in revenue.

Tags: Economy, UPS, UPS Freight, Fleet Earnings

July 28, 2015 - Industry News

Cummins Profit Increases 6%, Paccar Jumps 40%

Truck engine manufacturer Cummins increased both second quarter revenue and net income, while truck and engine maker Paccar reported record quarterly net income.

Tags: Economy, Cummins, Earnings, Paccar, Peterbilt, Kenworth

July 27, 2015 - Industry News

Swift Profit Jumps More Than 20%

Truckload giant Swift Transportation increased its second quarter profit by more than 20% from a year ago despite an overall downturn in revenue.

Tags: Economy, Swift Transportation, Fleet Earnings, Truckload

July 27, 2015 - Industry News

Economic Watch: Durable Goods Rebound, Still Down for 2015

New orders and shipments for manufactured durable goods rebounded in June following two straight monthly drops, while business investment also turned around, according to the Commerce Department.

Tags: Economy, Durable Goods, Manufacturing

July 24, 2015 - Industry News

Economic Watch: New Home Sales Plummet, Manufacturing Rebounds

Sales of newly built, single-family homes in the U.S. dropped 6.8% in June from the previous month but are still up 18% over last year.

Tags: Economy, Manufacturing, Home Sales

July 24, 2015 - Industry News

Universal Truckload Services Profit Drops Slightly

The asset-light freight transportation and logistics provider Universal Truckload Services reported second quarter net income of $13.3 million, down just slightly from $13.6 million a year earlier.

Tags: Economy, Universal Truckload, Fleet Earnings

July 23, 2015 - Industry News

Earnings Watch: Daimler, Landstar Profit Moves Higher; Dana's Declines

Earnings season continued on Thursday, with results reported by the world’s largest truck manufacturer along with results from one component supplier and a major owner-operator trucking company.

Tags: Economy, Daimler Trucks, Daimler AG, Dana Holding Corp., Earnings, Dana, Landstar System, Fleet Earnings

July 23, 2015 - Industry News

Economic Watch: Leading Indicators Post Solid Gain

A measure of where the American economy is headed in the next three to six months increased again, according to figures released on Thursday.

Tags: Economy, The Conference Board, Leading Economic Indicators

July 22, 2015 - Industry News

Knight, Covenant Report Higher Profits

Earnings Watch: Two primarily truckload carriers, Knight and Covenant, saw higher profits in the second quarter, but lawsuit-related expenses kept Knight from reporting more.

Tags: Economy, Covenant Transport, Knight Transportation, Covenant Transportation Group, Fleet Earnings

July 22, 2015 - Industry News

Existing Home Sales Leap; Industrial Production Revised Downward

Economic Watch: Existing-home sales increased in June to their highest pace in over eight years, according to figures released Wednesday by the National Association of Realtors, while a separate report shows post-recession industrial production levels are not as strong as earlier thought.

Tags: Economy, Industrial Production, Home Sales, Federal Reserve

July 21, 2015 - Industry News

Earnings Lower for Forward Air, Hub Group, Rush Enterprises

Two freight transportation providers, Forward Air and Hub Group, along with dealer group Rush Enterprises, saw second quarter earnings drop.

Tags: Economy, Rush Truck Centers, Rush Enterprises, Earnings, Forward Air, Hub Group, Truck Dealers, Fleet Earnings


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