Fleet Management

Economy

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December 20, 2006 - Industry News

GDP, Inflation Slower in Third Quarter

Real gross domestic product (GDP) slowed during the third quarter of 2006 and inflation abated, according to preliminary estimates by the U.S. Bureau of Economic Analysis. Real GDP increased 2.2 percent compared to 2.6 percen

Tags: Economy

December 13, 2006 - Industry News

Retail Sales Rise in November

November retail sales were 1 percent higher than the previous month and up 5.6 percent from last year, according to data released Wednesday by the U.S. Census Bureau. Excluding automobiles, retail sales were up 1.1 percent

Tags: Economy

December 13, 2006 - Industry News

Housing Market: Worst is Yet to Come?

There may be a light at the end of the tunnel, but even if sales are turning around, the worst is yet to come, say Global Insight analysts Patrick Newport and Margaret Rolley. The Mortgage Bankers Association’s Market Composite Index,

Tags: Economy

December 12, 2006 - Industry News

Free Shipping is Key for Online Retailers

Shipping costs are a big factor in the decision to buy online, according to a study done by The Conference Board and TNS, a market research firm. More than 90 percent of consumers surveyed sai

Tags: Economy

December 4, 2006 - Industry News

Still Signs of Strength in Construction

Nonresidential construction spending has been flat for the past two months but still has many areas of strength, says Ken Simonson, chief economist for The Associated General Contractors of America.

Tags: Economy

December 4, 2006 - Industry News

Moderate Economic Growth, Slower Freight Demand, Says Fed Report

Despite continuing softness in automobile and housing-related sales, consumer spending in most areas of the country increased in October and early November, and the outlook for holiday sales was “cautiously optimistic,”

Tags: Economy

December 1, 2006 - Industry News

Manufacturing Slowing but Economy Still Growing

Manufacturing activity in November declined to its lowest level in 42 months, registering below 50 percent on the Purchasing Managers Index for the first time since April 2003, according to the latest Manufacturing Report on Inde

Tags: Economy

November 28, 2006 - Industry News

Economy Should Rebound – But Inflation's Still an Issue

Inflation is still a concern, but over the coming year the U.S. economy should return to a comfortable rate, Federal Reserve Board Chairman Ben Bernanke said Tuesday in a speech to the National Italian American Foundation.

Tags: Economy

November 28, 2006 - Industry News

October Durable Goods Orders Fall 8.3%

New orders for manufactured durable goods in October dropped 8.3% from September, the biggest decline in more than 6 years, according to data released this week by the U.S. Census Bureau.

Tags: Economy

October 23, 2006 - Industry News

FTR Associates Says Transportation Outlook Unclear for 2007

According to FTR Associates, a leading transportation forecasting and research firm, factors that are likely to affect the overall 2007 economy are currently giving a mixed picture.

Tags: Economy

October 9, 2006 - Industry News

Manufacturing Growth Slows in September

Growth in the U.S. manufacturing sector slowed in September to a 16-month low, according to the Institute for Supply Management survey of manufacturers

Tags: Economy

August 11, 2006 - Industry News

NTEA Releases 2006 Distributor Profit Report

By controlling specific factors of high-profit performance, a typical distributor can increase profits annually by 5 percent or $300,000, concludes the 2006 National Truck Equipment Association’s (NTEA) Distributor Profit Report.

Tags: Economy

December 15, 2005 - Industry News

ATA Hikes Diesel Fuel Cost Estimates

The American Trucking Associations has revised the trucking industry's 2004 fuel costs and projected an increase in the amount it will spend on fuel in 2005.

Tags: Economy

November 30, 2005 - Industry News

October’s ATA Truck Tonnage Index Up 0.3 Percent

For the second consecutive month, the American Trucking Associations' advanced seasonally adjusted for-hire Truck Tonnage Index increased 0.3 percent.

Tags: Economy

October 4, 2005 - Industry News

Manufacturers’ Report Shows New Orders Up

New orders for manufactured goods in August increased $9.7 billion or 2.5 percent to $395.2 billion, the U.S. Census Bureau reported Tuesday.

Tags: Economy

September 28, 2005 - Industry News

ATA Truck Tonnage Index Dropped 0.8 Percent in August

American Trucking Associations' advanced seasonally adjusted for-hire Truck Tonnage Index decreased 0.8 percent in August after contracting a revised 0.5 percent in July

Tags: Economy

September 21, 2005 - Industry News

Seaman Corp. Announces Price Hikes

Seaman Corp., Wooster, Ohio, said it has raised prices on all polyester and nylon products sold to all industrial and engineered markets.

Tags: Economy

September 7, 2005 - Industry News

ATA: Trucking to Spend $85 Billion on Diesel This Year

The American Trucking Associations Wednesday revised the trucking industry’s projected fuel costs for 2005 in light of the energy impact caused by Hurricane Katrina and the Energy Information Administration’s newly released fuel price forecast.

Tags: Economy

July 28, 2005 - Industry News

Surface Trade With Canada, Mexico Up 8.9% from May 2004

The Bureau of Transportation Statistic announced Thursday that trade using surface transportation between the U.S. and its North American Free Trade Agreement partners Canada and Mexico rose 8.9% in May 2005 from May 2004 to a total of $57.9 billion

Tags: Economy

July 26, 2005 - Industry News

Study Says Natural Gas More Economical Than Diesel For Local Fleets

Heavy-duty natural gas powered vehicles (NGVs) that meet strict emissions standards are more cost-effective to own, operate and maintain over their lifetime than comparable diesel powered vehicles when the price of crude oil is more than $31 per barre

Tags: Economy

July 26, 2005 - Industry News

Pool of Available Drivers Shrinks Slightly in June

According to the current Driver Labor Market Indicators Report published monthly by FTR Associates, the number of people available to be hired into the trucking industry fell slightly in June

Tags: Economy

June 27, 2005 - Industry News

ATA Truck Tonnage Index Shows Moderate Rise in May

The American Trucking Assns.' for-hire Truck Tonnage Index released on Monday rose 0.7% for May as tonnage volumes increased slightly. The increase marked the first sequential rise in tonnage volumes since January

Tags: Economy

June 23, 2005 - Industry News

Crude Oil Tops $60 a Barrel, Stocks Tumble

Crude oil prices soared to a record $60 a barrel Thursday, and stocks tumbled after FedEx Corp. said high fuel prices will hurt profits

Tags: Economy

June 14, 2005 - Industry News

Diesel Rises Again; OPEC Says Prices Out of Their Control

The Organization of the Petroleum Exporting Countries (OPEC) said it is operating close to full capacity and has little power to lower refined oil product prices -- particularly diesel -- on open world markets

Tags: Economy

June 9, 2005 - Industry News

DaimlerChrysler: U.S. Truck Manufacturing Boom to Continue into 2007

According to the Reuters news agency, DaimlerChrysler expects a truck boom in the key U.S. market to continue until at least 2007

Tags: Economy

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