Fleet Management

Economy

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May 1, 2012 - Industry News

Feb. Surface Trade with Canada and Mexico Rose 17.4% Year-Over-Year

Trade using surface transportation between the U.S. and its North American neighbors, Canada and Mexico, was 17.4% higher in February 2012 than in February 2011, totaling $78.1 billion, according to the Bureau of Transportation Statistics of the U.S. Department of Transportation

Tags: Economy

April 26, 2012 - Industry News

Pricing for Used Class 8 Slips Again in March

March saw Class 8 used-truck pricing slip for the second consecutive month

Tags: Economy

April 25, 2012 - Industry News

March Net Orders Signal Healthy Trailer Industry

Net orders for trailers fell 11% month-over-month in March, but for the quarter, were almost identical to orders in the first quarter of 2011, according to State of the Industry: U.S. Trailers published by ACT Research Co

Tags: Economy

April 24, 2012 - Industry News

Truck Tonnage Inches up in March

Don't expect the rate of growth this year to mirror the last couple of years, said American Trucking Associations' Chief Economist Bob Costello, referring to the 5.8% growth in both 2010 and 2011

Tags: Economy

April 20, 2012 - Industry News

Truck Makers Report Choppy Order Volume in First Quarter

Mack says it has not had to cut production as some truck makers have.

Demand for Class 8 trucks "has hit a soft patch," but at least one industry analyst expects that to be temporary. March Class 8 new and net orders of 22,038 and 20,025 units, respectively, were the lowest order volume since last July, reports ACT Research Co

Tags: Economy

April 18, 2012 - Industry News

Shippers Conditions Index Tumbles in February

FTR Associates' Shippers Conditions Index for February dropped by a full point from the previous month to a reading of -5.6, spelling good news for tracking as demand for trucking services grew strongly in what is normally a slack month

Tags: Economy

April 17, 2012 - Industry News

Spot Market Freight Availability and Rates Up in March

Freight availability and rates on the spot market increased month-over-month and declined slightly year-over-year, according to TransCore's DAT North American Freight index. The index rose 40% from February to March but was down 6.1% compared to March 201

Tags: Economy

April 11, 2012 - Industry News

Freight Shipments up 0.5% in February

The amount of freight carried by the for-hire transportation industry rose 0.5% in February from January, rising after a one-month decline, according to the Bureau of Transportation Statistics' Freight Transportation Services Index

Tags: Economy

April 11, 2012 - Industry News

Fourth-Quarter Driver Turnover Makes Surprise Drop

After a year of quarterly increases, the turnover rate for truck drivers at large truckload fleets unexpectedly dipped one percentage point to an annualized rate of 88%, according to American Trucking AssociationsChief Economist Bob Costello

Tags: Economy

April 10, 2012 - Industry News

Retail Container Traffic Predicted to Increase 3.2% in April

The first half of 2012 should total 7.3 million TEUs, up 2.2% from the same period last year.(Photo by Ed Alfaro)

Import cargo volume at the nation's major retail container ports is expected to increase 3.2% in April compared with the same month last year. Year-over-year gains should continue through the end of summer, according to the monthly Global Port Tracker

Tags: Economy

April 10, 2012 - Industry News

Sluggish Growth in Freight Volumes; Rates Remain Flat

Freight shipment volumes continued their sluggish pace upward in March, increasing 2.1% from February, according to the Cass Freight Index. Freight spending, meanwhile, increased 1%. This is the second month in a row that shipment growth exceeded cost growth, signifying that rates have remained relatively flat.

Tags: Economy

April 6, 2012 - Industry News

2011 Driver Numbers, Wages Increase; March 2012 Sees Drop in Drivers

The number of heavy-duty truck drivers in 2011 rose 2.8% to 1.51 million from 1.46 million in 2010. It's the first yearly increase in the number of heavy truck drivers since 2008, when the number was 1.67 million, according to the Bureau of Labor Statistics.

Tags: Economy

April 5, 2012 - Industry News

Higher Rates on Spot Market Affect Broker Use

In light of small rate increases and the challenge of renegotiating accessorials, more carriers are moving to brokers to find higher rates on the spot market.

Carriers are continuing to move away from the use of brokers, although not as much as in 2011, according to Transport Capital Partners

Tags: Economy

April 4, 2012 - Industry News

Jefferies: Mild Weather Offsets Mild Freight Volumes, Driver Shortage Ups Pay in 1Q

Strong productivity from an unseasonably warm winter should generally offset moderating year-over-year volume growth, the transportation analysts at Jefferies and Company say in their 1Q preview

Tags: Economy

April 4, 2012 - Industry News

FTR: Preliminary Class 8 Orders for March 11% Below February

March Class 8 truck orders were 11% below February, according to FTR Associates' preliminary data, and below the trucking forecasting firm's expectations. One explanation could be higher fuel prices

Tags: Economy

April 3, 2012 - Industry News

ACT Research: Class 8 Preliminary Net Orders Soft in March

The final numbers for March net orders, which will be released mid-April, will approach 20,000 units for heavy-duty Class 8 trucks and 13,500 for medium-duty Classes 5-7 vehicles, reports ACT Research

Tags: Economy

April 2, 2012 - Industry News

Trucking Conditions Index Holds Steady in February

FTR's Trucking Conditions Index for February eased very slightly to a reading of 5.9. FTR forecasts the February reading to be the low point for 201

Tags: Economy

March 28, 2012 - Industry News

Carriers Slightly Less Hesitant to Add Capacity

The Transport Capital Partners' 1Q 2012 Business Expectations Survey found that while carriers still seem hesitant to add capacity, they are less hesitant than last quarter

Tags: Economy

March 27, 2012 - Industry News

January 2012 Surface Trade with Canada and Mexico Rose 11.5% 
from 2011

Trade using surface transportation between the U.S. and its North American neighbors, Canada and Mexico, was 11.5% higher in January 2012 than in January 2011, totaling $75.5 billion, according to the Bureau of Transportation Statistics of the U.S. Department of Transportation

Tags: Economy

March 27, 2012 - Industry News

Pricing for Used Class 8 Slips, Trailer Van Orders Down in February

February numbers from ACT Research show strong numbers for trailer orders but softness in used truck prices

Tags: Economy

March 27, 2012 - Industry News

ATA Truck Tonnage Increased 0.5% in February

The American Trucking Associations' advanced seasonally adjusted For-Hire Truck Tonnage Index rose 0.5% in February after falling 4.6% in January. January's decrease was more than the preliminary 4% drop ATA reported Feb. 28

Tags: Economy

March 21, 2012 - Industry News

Surface Trade with Canada and Mexico Rose 14.3% in 2011

Surface transportation trade between the U.S. and its North American Free Trade Agreement partners, Canada and Mexico, in 2011 is valued at $904 billion, a 14.3% increase compared to 2010

Tags: Economy

March 20, 2012 - Industry News

Carriers Optimistic for 2012

The Transport Capital Partners 1Q 2012 Business Expectations Survey found that carriers continue to be optimistic for the year ahead, with 77% of the carriers surveyed expecting volumes to increase in the year ahead and only 2.6% expecting volumes to decrease

Tags: Economy

March 19, 2012 - Industry News

Spot Freight Index up Over January, Not Year Over Year

TransCore's DAT North American Freight index was up 24% in February compared to January, but down 5.2% compared to February 2011, when the spot market recorded unseasonably strong freight volumes

Tags: Economy

March 19, 2012 - Industry News

January Container Import Volumes Up 4.1% Year-Over-Year

Steady sales growth in both automobiles and existing homes during the past few months drove January U.S. container import volumes up 4.1% from January 2011 to 1,475,608 million twenty-foot-equivalent units

Tags: Economy

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