Fleet Management

Economy

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December 10, 2014 - Industry News

Cass Freight Index Posts November Drop, 2014 Still Looks Strong

Graphic: Cass Information Systems

The newly released November Cass Freight Index shows a drop in total freight expenditures of 0.7% and a corresponding decline in shipment volumes of 0.2%, however the level was higher than expected, pointing to strong finish for 2014.

Tags: Economy, Cass Freight Index

December 9, 2014 - Industry News

Trucks Hauled Over 73 Percent of Shipments Nationwide

Graphic via U.S. Census Bureau.

Trucks accounted for 73.1% of the total value of commodities shipped in 2012 with a worth of more than $10 trillion, according to a U.S. Census Bureau survey.

Tags: Economy, Survey, Freight, Freight shipments

December 8, 2014 - Industry News

U.S. DOT: Freight Index Leading Economic Indicator

The U.S. Department of Transportation is calling its Transportation Services Indexes, especially the freight index, leading indicators of economic cycles.

Tags: Economy, U.S. Department of Transportation, Freight Index

December 5, 2014 - Industry News

Economic Watch: Job Gains Soar, Factory Activity Slows

The number of people who found jobs in November increased dramatically from the month before but the unemployment rate was unchanged, according to U.S. Labor Department numbers released Friday morning.

Tags: Economy, Unemployment, Factory Orders, Employment, Factory Shipments

December 5, 2014 - Industry News

Intermodal Rail Traffic Hits New Record High

Photo: Jim Park

The Association of American Railroads said Thursday for the week ending Nov. 29, U.S. railroad intermodal volume totaled 220,873 units, up 6.2% compared with the same week last year and the highest level on record.

Tags: Economy, Railroads, Intermodal, Freight

December 2, 2014 - Industry News

Economic Watch: Construction Spending Up, Holiday Sales Start Off Slow

Construction spending in the U.S. posted its biggest increase in five months during October, according to a new Commerce Department report released Tuesday.

Tags: Economy, Retail Sales, Construction

December 1, 2014 - Industry News

Economic Watch: Manufacturing Growth Slowed in November

Economic activity in the manufacturing sector expanded in November for the 18th consecutive month, but at a slower pace, according to the nation’s supply executives in the latest survey by the Institute for Supply Management

Tags: Economy, Manufacturing

December 1, 2014 - Industry News

Economic Watch: Gains in Durables, New Home Sales, Consumer Confidence

Key economic indicators for October that were posted last week show mostly good news for trucking, including durable goods, home sales and consumer confidence.

Tags: Economy, Consumer Confidence, Durable Goods, Home Sales, Consumer Spending, Personal Income

November 25, 2014 - Industry News

Economic Watch: GDP Up; Construction Starts, Consumer Confidence Down

The Dodge Index of new construction starts. Graphic: Dodge Data & Analytics

UPDATED -- The health of the American economy was much stronger in the third quarter of the year than initially thought, according to the U.S. Commerce Department.

Tags: Economy, GDP, Construction Spending, Consumer Confidence

November 21, 2014 - Industry News

Economic Watch: Leading Indicators Show Improvement into 2015

A measure used to forecast where the U.S. economy is headed in the next three to six months rose sharply in October from the month before, according to the private research group The Conference Board.

Tags: Economy, Leading Economic Indicators

November 20, 2014 - Industry News

Economic Watch: Inflation Tame, Existing Home Sales Jump

Inflation in the U.S. was muted in October, according to a new Commerce Department Report, due in large part to falling fuel prices.

Tags: Economy, Consumer Prices, Home Sales

November 19, 2014 - Industry News

Upbeat Auto, Economic Forecast Promising for Auto Haulers

Auto haulers have a good reason to expect 2015 will be a good year for them, following a prediction that new car and light truck sales and leases will hit nearly hit the 17 million-level.

Tags: Economy, NADA, Auto Sales, Auto Haulers

November 19, 2014 - Industry News

Economic Watch: Home Starts Drop, Building Permits at Highest Level Since 2008

Housing starts in the U.S. fell in October, but an indicator of future building is at a more than six-year high, according to a new Commerce Department report.

Tags: Economy, Home Starts

November 18, 2014 - Industry News

Economic Watch: Producer Prices Increase, Homebuilders Optimistic

UPDATED -- The Producer Price Index increased 0.2% from September, driven by a 0.5% jump in the cost of services.

Tags: Economy, Producer Prices, Home Building

November 17, 2014 - Industry News

Economic Watch: Industrial Production Falls Despite Increased Manufacturing

UPDATED -- Industrial production in the U.S. edged down 0.1% in October after having advanced 0.8% in September, according to new figures from the U.S. Federal Reserve.

Tags: Economy, Industrial Production

November 14, 2014 - Industry News

Economic Watch: Retail Sales Rebound, Consumer Sentiment Upbeat

Photo: Evan Lockridge

Retail sales in the U.S. rebounded in October due to broad-based gains, as consumers get ready to head into the Christmas shopping season, according to a U.S. Commerce Department report.

Tags: Economy, Retail Sales, Consumer Sentiment

November 13, 2014 - Industry News

For-Hire Freight Index Hits Record High

Freight Transportation Services Index, September 2009 - September 2014. Graphic: U.S. DOT

A measure of how much freight is moved by the nation’s for-hire transportation industry hit a record high in September with a 0.3% increase from the month before, according to a new U.S. Transportation Department report.

Tags: Economy, Freight Index

November 12, 2014 - Industry News

Trucking Conditions Index Heads Higher

FTR’s Trucking Conditions Index. Graphic: FTR

The Trucking Conditions Index from the freight transportation forecasting firm FTR registered 9.07 for September, according to a just released report.

Tags: Economy, Research, FTR, Trucking Conditions Index

November 10, 2014 - Industry News

Cass Freight Index Shows ‘Turmoil’

Graphic: Cass Information Systems

Some freight is having trouble entering the country and moving quickly to final end users while, the “transportation ecosystem is finding itself in turmoil” as freight shipments, particularly imports, climb in anticipation of a stronger holiday shopping season this year.

Tags: Economy, Port of Los Angeles, Port of Long Beach, Freight, Port Trucking, Cass Freight Index

November 10, 2014 - Industry News

Domestic Containers Drive Intermodal Traffic Surge

Graphic: IANA

Total intermodal freight volume rose 5.1% in the third quarter of the year compared to the same time in 2013, while domestic U.S. and international volumes individually reported gains in of 5.5% and 4.7%, respectively.

Tags: Intermodal, Freight, Economy

November 7, 2014 - Industry News

Trucking Adds Jobs As Unemployment Rate Drops

The unemployment rate in the U.S. fell again in October, dropping to its lowest level since July 2008, according to the U.S. Labor Department. In the same period, for-hire trucking added 3,900 jobs.

Tags: Economy, Unemployment, Employment

November 7, 2014 - Industry News

Intermodal Rail Traffic Sets New Records

Photo: Jim Park

According to the Association of American Railroads, it totaled 1,381,749 containers and trailers, up 4.9%, or 64,071 units, over October 2013.

Tags: Economy, Railroads, Intermodal, Freight

November 5, 2014 - Industry News

Economic Watch: Non-Manufacturing Activity Continues Growing

Activity in the U.S. non-manufacturing sector continued growing in October, but not as fast as the month before.

Tags: Economy, Non-Manufacturing

November 5, 2014 - Industry News

Economic Watch: Job Creation Above 200,000 for Seventh Straight Month

The U.S. job market continues improving with a new report showing private sector employment increased by 230,000 jobs from September to October, the biggest gain since June.

Tags: Economy, Employment

November 3, 2014 - Industry News

Economic Watch: Manufacturing Expanding, Construction Down

Economic activity in the manufacturing sector expanded in October for the 17th consecutive month, its highest level since March 2011, according to nation’s supply executives.

Tags: Economy, Manufacturing, Consumer Spending

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