Fleet Management

Economy

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May 19, 2015 - Industry News

Economic Watch: Home Starts Skyrocket

New homes starts in the U.S. increased dramatically in April from the month before, jumping 20.2% and hitting its highest level in more than seven years.

Tags: Economy, Housing Starts, Home Building

May 17, 2015 - Industry News

Economic Watch: Factory Output, Consumer Sentiment Decline

U.S. industrial production fell 0.3% in April for its fifth consecutive monthly loss, according to a Federal Reserve report issued Friday.

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

May 13, 2015 - Industry News

Economic Watch: April Retail Sales Go Nowhere

U.S. retail sales in April were virtually unchanged from March, according to a Commerce Department report released Wednesday morning.

Tags: Economy, Retail Sales

May 12, 2015 - Industry News

Freight Shipments, Expenditures Increase in April from Month Before

Graphic: Cass Information Systems

North American freight shipment volume and payments were up for the third month in a row during April, according to the latest readings from the Cass Freight Index.

Tags: Economy, Cass Freight Index

May 11, 2015 - Industry News

Trucking Conditions Index Subdued by Weak Manufacturing

Graph via FTR

The FTR Trucking Conditions Index fell slightly in March to a reading of 7.3, reflecting lessened demand for truck services and normalizing fuel costs.

Tags: Economy, FTR, Trucking Conditions Index, Manufacturing

May 8, 2015 - Industry News

Economic Watch: Unemployment Lowest in Almost 7 Years

Unemployment in the U.S. fell in April, hitting a near seven-year low following weak job additions in the first quarter of the year.

Tags: Economy, Unemployment, Employment

May 6, 2015 - Industry News

Perry: Economy Improving, But Volatile

Noel Perry speaks at the ALK Transportation Technology Summit. Photo: Jim Beach

The economy is in a “particularly volatile state,” with some saying it is going up while others think it is going down, according to Noel Perry, founder of Transport Economics, speaking at the ALK Transportation Technology Summit.

Tags: Economy, ALK

May 6, 2015 - Industry News

First Quarter Intermodal Shipments Increase 2 Percent

Graphic: IANA

Total intermodal shipments in the U.S. and Canada rose 2% over last year’s first quarter volumes despite port congestion issues that impacted international container traffic, according to new figures from the Intermodal Association of North America.

Tags: Economy, Intermodal, IANA

May 5, 2015 - Industry News

Economic Watch: Service Sector Builds Momentum, Trade Deficit Up

Photo: Revisorweb via Wikimedia Commons

Economic activity in the nation’s service sector increased in April, according to two reports released on Tuesday.

Tags: Economy, Non-Manufacturing

May 4, 2015 - Industry News

Economic Watch: Factory Orders Increases Most in 8 Months

Photo: Evan Lockridge

New orders and shipments of factory made goods turned around in March, according to a new Commerce Department Report released Monday.

Tags: Economy, Factory Orders, Factory Shipments

May 1, 2015 - Industry News

Economic Watch: Manufacturing Growth Slows, Consumers Optimistic

Photo: Revisorweb via Wikimedia Commons

The level of manufacturing in the U.S. was unchanged in April compared to the month before, according to a new survey of the nation’s purchasing managers.

Tags: Economy, Consumer Confidence, Manufacturing, Consumer Spending, Construction Spending

May 1, 2015 - Industry News

YRC Worldwide Reduces First Quarter Loss

Photo via YRC

Trucking operator YRC Worldwide Inc. cut some of its losses the first quarter of the year, but was still $21.6 million in the red.

Tags: YRC Worldwide, Economy, Quarterly Earnings

April 29, 2015 - Industry News

Economic Watch: GDP Growth Slows Dramatically

Photo: Revisorweb via Wikimedia Commons

The pace of economic growth in the U.S. slowed dramatically in the first quarter of the year, according to the first estimate from the Commerce Department. Economists disagree whether bad weather and port problems are largely to blame.

Tags: Economy, GDP

April 28, 2015 - Industry News

Vieth: Private Fleets Sitting Pretty

As ACT Research's Kenny Vieth sees it, private fleets in this economy are clearly in scoring position.

At the National Private Truck Council annual meeting, economist Kenny Vieth declared private fleets are now “sitting in the catbird seat” because they are “poised for growth” as the economy keeps gaining speed and freight volumes keep rising.

Tags: National Private Truck Council, ACT Research, NPTC, Freight, Economy, Private Fleets, Information Technology

April 28, 2015 - Industry News

Economic Watch: Consumer Confidence Lowest Since December

Photo: Revisorweb via Wikimedia Commons

A measure of U.S. consumer confidence fell in April, its biggest drop since October 2013 and the lowest level in four months.

Tags: Economy, Consumer Confidence

April 27, 2015 - Industry News

Economic Watch: Services Sector Growth Eases

Photo: Revisorweb via Wikimedia Commons

Growth in the U.S. service sector during April eased from a seven-month high in March, according to the financial information services provider Markit, but numbers still point to strong start to the second quarter.

Tags: Economy, Non-Manufacturing

April 24, 2015 - Industry News

Economic Watch: Durable Goods Orders Increase, Key Indicator Down Again

Orders for big ticket, long lasting durable goods increased 4% in March, the biggest gain in eight months, but a key indicator of business investment fell for the second consecutive month.

Tags: Economy, Durable Goods

April 23, 2015 - Industry News

Economic Watch: New Homes Sales Mixed, Manufacturing Slows

Photo by Evan Lockridge

Sales of new homes in the U.S. during March fell the most in more than 18 months following three straight monthly gains, according to the Commerce Department.

Tags: Economy, Manufacturing, Home Sales

April 23, 2015 - Industry News

Trucks Move More U.S.-NAFTA Freight, Overall Level Declines

Percent change in value of U.S.-NAFTA freight flows by mode: February 2014 - February 2015. Graphic: U.S. DOT

Freight movements between the U.S. and Canada and Mexico fell in February, hitting its lowest level in terms of value since 2011, according to new U.S. Transportation Department figures.

Tags: Canada, Economy, Cross-Border Trucking, Mexico, Railroads, Surface Trade

April 22, 2015 - Industry News

Economic Watch: Existing Home Sales Spike in March

Existing-home sales in the U.S. jumped in March to their highest annual rate in 18 months, according to the National Association of Realtors on Wednesday. Led by the Midwest, all major regions experienced strong sales gains in March and are above their year-over-year sales pace.

Tags: Economy, Home Sales

April 17, 2015 - Industry News

Economic Watch: Inflation, Leading Indicators, Consumer Sentiment Increase

Consumer prices moved up for the second straight month in March after falling during much of the winter, but remain at their lowest level in years.

Tags: Economy, Consumer Prices, Consumer Sentiment, Leading Economic Indicators

April 16, 2015 - Industry News

Economic Watch: Housing Starts Post 2% Gain in March

Nationwide housing starts rose 2% in March, hitting an annual rate of 926,000 units, but it's not as much as many analysts were hoping.

Tags: Housing Starts, Economy

April 15, 2015 - Industry News

Economic Watch: Industrial Production Weakens, Homebuilder Optimism Up

For the first quarter of 2015 this measure of the total activity at the nation’s factories, mines and utilities declined at an annual rate of 1%, the first quarterly decrease since the second quarter of 2009.

Tags: Economy, Industrial Production, Home Building

April 14, 2015 - Industry News

Cass Freight Index Shows Increasing Shipments, Spending

North American freight volume and expenditures rose again in March as shipments picked up significantly from the West Coast ports, according to the latest readings of the Cass Freight Index.

Tags: Economy, Intermodal, Freight Rates, Freight Volume, Cass Freight Index

April 14, 2015 - Industry News

Economic Watch: March Wholesale Prices, Retail Sales Move Higher

Prices at the wholesale level rose in March for the first time since October, according to the U.S. Labor Department on Tuesday.

Tags: Economy, Retail Sales, Producer Prices

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