Fleet Management

Economy

26  -  50  of  1408

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

July 20, 2015 - Industry News

Werner Profit 24% Higher Than Year Ago

Truckload and logistics provider Werner Enterprises reported record profit for the second quarter of the year on slightly lower revenue as it continues to make progress in implementing rate increases.

Tags: Economy, Werner Enterprises, Fleet Earnings

July 19, 2015 - Industry News

Housing Market Greatly Improved

Conditions for the U.S. housing market look better than they have in years, according to two reports released late last week.

Tags: Economy, Home Starts, Home Building

July 19, 2015 - Industry News

J.B. Hunt Profit Inches Higher in Second Quarter

Photo by Jim Park.

J.B. Hunt Friday announced an increase in its second quarter 2015 net earnings to $103.4 million, or diluted earnings per share of 88 cents.

Tags: Intermodal, J.B. Hunt, Fleet Earnings, Economy

July 19, 2015 - Industry News

Economic Watch: Inflation Positive, Consumer Confidence Down

Consumer prices increased in June from the month before, in positive territory for the first time this year, according to the U.S. Labor Department. A separate report shows consumers' feeling about the economy a just a little less hot than earlier.

Tags: Economy, Consumer Confidence, Consumer Prices, Inflation, Consumer Sentiment

July 16, 2015 - Industry News

Freight Shipment, Expenditure Levels Mixed

The amount of freight moved and how much shippers paid recovered somewhat in June in the U.S., but both are below levels from a year ago, according to the latest Cass Freight Index report.

Tags: Economy, Freight, Cass Freight Index

July 15, 2015 - Industry News

Truckload Linehaul Rates Improve, Intermodal Slides

A measure of base linehaul truckload rates show increases last month while intermodal rates fell for the sixth straight month, according to reports released Wednesday.

Tags: Economy, Cass Intermodal Linehaul Index, Cass Truckload Linehaul Index, Freight Rates

July 15, 2015 - Industry News

Economic Watch: Wholesale Prices, Industrial Production Rise

Wholesale prices advanced 0.4% in June, according to the U.S. Labor Department, more than many analysts were expecting.

Tags: Economy, Industrial Production, Department of Labor, Producer Prices

July 14, 2015 - Industry News

Retail Sales Drop Surprises Analysts

Economic Watch: Retail sales in the U.S. eased up in June, according to a new Commerce Department report, while previous month's figures were revised lower.

Tags: Economy, Retail Sales

July 13, 2015 - Industry News

Trucking Conditions Index Drops, Environment Still Positive

The index has fallen since January and except for April, has been lower than in 2014.

FTR’s Trucking Conditions Index measure for May dropped to a three-year low of 4.91 due to softer capacity, pricing, and fuel prices. The index is expected to move into significantly more positive territory as the anticipated regulatory drag in 2016 and 2017 dramatically tightens capacity.

Tags: Trucking Conditions Index, Economy, FTR

July 9, 2015 - Industry News

For-Hire Freight Shipments Rebound in May

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

A measure of for-hire freight movements in the U.S. increased in May following an April decline, according to a new U.S. Transportation Department report.

Tags: Economy, Freight, Freight Index

July 6, 2015 - Industry News

Economic Watch: Service Sector Still Soft

Economic activity in the nation’s service sector inched higher in June after hitting a 13-month low in May, according to a survey of the nation’s supply executives. Another report shows non-manufacturing growth slowed last month.

Tags: Economy, Non-Manufacturing

July 2, 2015 - Industry News

Unemployment Lowest in 7 Years, Manufacturing Eases

Economic Watch: The nation’s unemployment rate fell 0.2 of a percent point in June to 5.3%, its lowest rate since April 2008, while 7,400 jobs were added in the for-hire trucking sector.

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

July 1, 2015 - Industry News

Economic Watch: Jobs Growing, Manufacturing Expanding

Private sector employment in June saw its biggest month-over-month improvement since December, the third month-over-month jump in a row.

Tags: Economy, Manufacturing, Employment

June 26, 2015 - Industry News

Economic Watch: Consumer Sentiment Best in Five Months

American consumers are feeling better about the economy with one measure hitting its highest level since January.

Tags: Economy, Consumer Confidence, Consumer Spending

June 25, 2015 - Industry News

Economic Watch: Consumer Spending Jumps, Service Sector Declines

Economic Watch: American consumers opened their wallets a whole lot more in May, with consumer spending increasing the most in nearly six years.

Tags: Economy, Consumer Spending, Non-Manufacturing, Personal Income

June 25, 2015 - Industry News

U.S. Cross-Border Freight Value Declines

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

The value of U.S.-NAFTA freight totaled $93.3 billion in April, according to new U.S. Transportation Department figures, down 6.8% from the same time a year earlier.

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

June 24, 2015 - Industry News

Econ Watch: GDP Slowdown Less Than Thought

The U.S. economy contracted less in the first quarter of the year than previously estimated, according to a Commerce Department report released Wednesday.

Tags: Economy, GDP, Home Sales

June 23, 2015 - Industry News

Economic Watch: Durable Goods Fall as Manufacturing Slows

A first look at May orders and shipments of manufactured durable goods, a key indicator for trucking freight.

Tags: Economy, Durable Goods, Manufacturing

June 22, 2015 - Industry News

May Truckload Rates Higher, Intermodal Rates Fall

Newly released figures show the Cass Truckload Linehaul Index once again remained higher in May than in each of the past three years, coming in 3.5% higher than May 2014 and 9.5% higher than two years ago.

Tags: Economy, Intermodal, Cass Intermodal Linehaul Index, Cass Truckload Linehaul Index, Freight Rates

June 22, 2015 - Industry News

Economic Watch: Existing Home Sales Surge

Fueled partly by an increase in sales to first-time buyers, existing-home sales in May rose to their highest pace in nearly six years.

Tags: Economy, Home Sales, Housing Starts

Newsletter

We offer e-newsletters that deliver targeted news and information for the entire fleet industry.

GotQuestions?

Lubricants

The expert, Mark Betner from CITGO, will answer your questions

View All

GotQuestions?

Suspension

The expert, Rence Oliphant from Hendrickson, will answer your questions

View All