Fleet Management

Economy

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June 12, 2015 - Industry News

Consumer Confidence Improves, Producer Prices Jump

Consumer confidence rebounded this month, with more people expecting increases in their wages, according to the University of Michigan Survey of Consumers released Friday.

Tags: Economy, Consumer Confidence, Producer Prices

June 11, 2015 - Industry News

Trucking Conditions Index Falls as Capacity Availability Increases

Graph via FTR

The FTR Trucking Conditions Index fell 9% to a reading of 6.7 in April, weakened by more available capacity and less pressure on rates.

Tags: Economy, FTR, Trucking Conditions Index, Freight Capacity

June 11, 2015 - Industry News

Retail Sales Improve for Third Straight Month

Retail sales in the U.S. continue improving after slowing at the end of last year and the beginning of this year, but things could still be better.

Tags: Economy, Retail Sales

June 10, 2015 - Industry News

Report: For-Hire Freight Movements Ease Up

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

Large declines in trucking and pipeline, coupled with smaller declines in rail carloads and rail intermodal resulted in a decline in the total amount of U.S. for-hire freight movements in April from March.

Tags: Economy, Freight, Freight Index

June 9, 2015 - Industry News

Economic Watch: U.S. Ports Returning to Normal

Import cargo volume at the nation’s major retail container ports has returned to normal levels following ratification of a new West Coast labor agreement, according to the monthly Global Port Tracker report.

Tags: Economy, Freight, Ports, Port Trucking, Intermodal

June 5, 2015 - Industry News

Employment Numbers Improve, Including Trucking

The current trucking employment level is close to its pre-recession peak, while nationwide employers added more jobs during May.

Tags: Economy, Unemployment, Employment

June 3, 2015 - Industry News

Economic Watch: Job Growth Best Since January

Change in nonfarm private employment.

Two days before a government report on unemployment is set to be released, a report from a payroll processor shows 201,000 non-farm, private jobs were added in the U.S. during May, the biggest gain since January.

Tags: Economy, Non-Manufacturing, Employment

June 2, 2015 - Industry News

Economic Watch: Factory Orders Drop Again

New orders for factory-made goods continue to disappoint, falling 0.4% in April from the month before and marking the eighth decline in the last nine months.

Tags: Economy, Durable Goods, Factory Orders, Factory Shipments

June 1, 2015 - Industry News

Economic Watch: Manufacturing, Construction Improve; Consumer Spending Stalls

Business conditions in the nation’s manufacturing sector turned around in May from the month before, while construction spending hit a six-year high. A weak spot? Consumer spending.

Tags: Economy, Manufacturing, Consumer Spending, Construction Spending

May 29, 2015 - Industry News

Economic Watch: GDP Shrinks, Consumer Sentiment Sinks

A new government reports shows the American economy contracted in the first quarter of the year for the second straight time.

Tags: Economy, GDP, Consumer Confidence

May 28, 2015 - Industry News

U.S. Cross Border Freight Value Declines

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

Newly released figures show the value of freight moved between the U.S. and its North American Free Trade Agreement neighbors totaled $96.1 billion in March, a 5.3% decline from a year ago, but three out of five transportation modes carried more cross-border cargo.

Tags: Canada, Economy, Cross-Border Trucking, Mexico

May 26, 2015 - Industry News

Economic Watch: Consumer Confidence, New Home Sales Improve

A measure of consumer confidence has increased following a sharp downturn, while new home sales rebounded strongly, according to reports released on Tuesday.

Tags: Economy, Consumer Confidence, Home Sales

May 26, 2015 - Industry News

Economic Watch: Key Durable Goods Indicator Rises

An advance report shows both new orders and shipments for manufactured durable goods declined in April, but a key indicator increased for the second consecutive month.

Tags: Economy, Durable Goods, Non-Manufacturing

May 22, 2015 - Industry News

Economic Watch: Consumer Prices Higher, Inflation Still Weak

Consumer prices moved barely higher in April, but it was the third consecutive monthly increase, according to a new Commerce Department report.

Tags: Economy, Consumer Prices

May 21, 2015 - Industry News

Truckload Linehaul, Intermodal Rates Mixed in April

Truckload linehaul rates declined in April from the month before while intermodal rates moved higher, according to two separate reports released on Thursday.

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

May 21, 2015 - Industry News

Economic Watch: Manufacturing Declines, Leading Indicators Increase

A first look at the nation’s manufacturing sector shows activity has declined for the second straight month. However, a measure of future economy activity is on the upswing.

Tags: Economy, Manufacturing, Home Sales, Leading Economic Indicators

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

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