Fleet Management

Economy

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November 6, 2009 - Industry News

FTR: We're on the Bottom, But Where Do We Go From Here?

"We really have reached a bottom, and that's a good thing." "We think the economy is starting to improve." These are just a few of the promising phrases listeners heard from Eric Starks, president of FTR Associate

Tags: Economy

October 29, 2009 - Industry News

Economic Signs Point to a Recovery

Recent economic indicators point to some positive reinforcement that we're coming out of the recession, including news of the gross domestic product rising 3.5 percent in the third quarte

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October 2, 2009 - Industry News

Durable Goods Shipments Fall After Hopeful Two Months

Shipments in manufactured durable goods were disappointing in August, with a 1.4 percent drop from July, following a two-month uptick in shipment

Tags: Economy

October 1, 2009 - Industry News

U.S. Economy Dips Less Than Expected in 2Q

The U.S. Gross Domestic Product during the second quarter was not as bad as previously thought, with a 0.7 percent decline, compared to the 1 percent decrease forecasted in Augus

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September 30, 2009 - Industry News

NAFTA Land Trade Down 28 Percent From July 2008

North American surface transportation trade was down 28 percent in July 2009 from the year-ago perio

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September 1, 2009 - Industry News

U.S. Manufacturing Shows First Sign of Growth in 18 Months

The manufacturing industry has started to show improvement for the first time in 18 month

Tags: Economy

August 31, 2009 - Industry News

NAFTA Surface Trade Down for Sixth Straight Month

North American surface transportation trade was down 31.5 percent in June 2009 from the year-ago perio

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August 28, 2009 - Industry News

Smaller GDP Drop Positive Sign

Real Gross Domestic Product, the output of goods and services produced by labor and property in the U.S., dropped at an annual rate of 1 percent in the second quarter of 2009, a much smaller decrease from the first quarte

Tags: Economy

August 26, 2009 - Industry News

Boost in Durable Goods Shipments Offers Hope For Trucking

Shipments of manufactured durable goods were up $3.5 billion, or 2 percent, to $173.1 billion in July, following a 0.7 percent boost in Jun

Tags: Economy

August 26, 2009 - Industry News

Truck Tonnage Rises 2.1 Percent in July

The American Trucking Associations' advanced seasonally adjusted For-Hire Truck Tonnage Index was up 2.1 percent in July, raising the index to 101.

Tags: Economy

August 23, 2009 - Industry News

Economist: Recession Expected to End This Quarter

An economist speaking to trucking executives last week said three different panels of economists believe the recession will end this quarter. A monthly survey of 51 economists published earlier this month by Blue Chip Economic Indicators say the Gross Domestic Product, the measure of the nation's economic activity, will turn positive in the third quarter

Tags: Economy

August 17, 2009 - Industry News

Bibby Transportation Assists the Trucking Industry

Bibby Transportation Finance, a subsidiary of Bibby Financial Services, has provided $2.7 million in new credit facilities in June and July to help small- and medium-sized trucking companie

Tags: Economy

July 30, 2009 - Industry News

Surface Trade With Canada and Mexico Down 35.4 Percent

Land transportation trade between the U.S., Canada and Mexico in May was down 35.4 percent from May 2008, the largest decline from the same month of the previous year on recor

Tags: Economy

July 27, 2009 - Industry News

ATA Truck Tonnage Index Down 2.4 Percent In June

American Trucking Associations' advanced seasonally adjusted For-Hire Truck Tonnage Index fell 2.4 percent in June

Tags: Economy

July 24, 2009 - Industry News

Carriers Less Pessimistic About Third Quarter

More trucking companies are not looking back on the first two quarters of this year, as pessimism in the industry subsides somewha

Tags: Economy

July 23, 2009 - Industry News

ATA Economist: There Are Signs of Life in the Desert

It's been a steep downhill slide, the worst in decades, and recovery will be slow, but there are indications that we are approaching the bottom, says Bob Costello, chief economist for the American Trucking Associations. "We are just starting to see signs of economic life," Costello said Thursday by way of introduction to a Web-based overview of the outlook for the economy and trucking in particular

Tags: Economy

July 13, 2009 - Industry News

Economic Analysts Tell Refrigerated Carriers Recovery Will Be Gradual

Cautious would be the word to summarize Bob Costello's comments on the economy at last week's meeting of the Refrigerated Division of the Truckload Carriers Association. Perhaps even cautiously optimistic. Costello is the American Trucking Associations' chief economist. He complimented the refrigerated haulers on being less affected by the economic downturn than other fleets, a direct consequence of people's need to eat no matter the general state of the economy.

Tags: Economy

July 7, 2009 - Industry News

Commercial Vehicle Rebound Predicted to Begin in 2010

The market for commercial vehicles is expected to pick back up in 2010 as the economy trends up, according to the latest report from Polk & Co. In the July issue of "Polk View," "The Future of the U.S. Commercial Vehicle Market," the automotive market intelligence company predicts sales will rebound after the housing market bottoms out

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July 6, 2009 - Industry News

Carriers See Modest Economic Improvement

Truckload carriers had a somewhat rosy outlook on the state of the economy and expect things to improve in the coming month

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June 29, 2009 - Industry News

Heavy-Duty Orders Recovering Slowly

Sales for heavy-duty commercial vehicles are seeing a slow recovery as expecte

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June 26, 2009 - Industry News

Truck Tonnage Index on the Rise

The American Trucking Associations' advance seasonally adjusted For-Hire Truck Tonnage Index jumped 3.2 percent in May, the first increase since February

Tags: Economy

June 16, 2009 - Industry News

UPS Chief: Global Trade Key to Emerging from Recession

Scott Davis serves as Chairman and Chief Executive Officer of UPS, the world's largest package delivery company.

Global trade is key to getting out of the current recession, according to the chairman and CEO of UPS, Scott Davis

Tags: Economy

June 10, 2009 - Industry News

Truckers Have Rosy Economic Outlook

Truckers expressed a hopeful outlook on the future of the economy in a recent survey.

Tags: Economy

May 31, 2009 - Industry News

FTR Economist Sees Bottom of Freight Recession

The longest freight recession since WWII looks like it's hitting bottom, according to a noted trucking economist. And that's good, because you have to hit bottom before you can start going back up

Tags: Economy

May 26, 2009 - Industry News

Truck Tonnage Index Falls Again, to Lowest Since 2001

The American Trucking Associations' advance seasonally adjusted For-Hire Truck Tonnage Index fell 2.2 percent in April, after plunging 4.5 percent in March

Tags: Economy

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