Fleet Management

Economy

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January 14, 2009 - Industry News

Truck Repos Down in 2008

There were actually fewer truck repossessions in 2008 than there were in 2007, according to Nassau Asset Management's NasTrac quarterly index, but still many more than 2006

Tags: Economy

January 8, 2009 - Industry News

Construction Companies Planning Layoffs This Year

An estimated two-thirds of the nation's non-residential construction companies are planning to cut their payrolls, according to new employment and business forecast figures released by the Associated General Contractors of America

Tags: Economy

January 7, 2009 - Industry News

Stifel, Nicolaus Analysts Look Into Crystal Ball

In their first "think piece" of the new year, the transportation analysts at Stifel, Nicolaus predicted increasing regulations that will constrain capacity increases as we come out of the economic downturn.

Tags: Economy

January 6, 2009 - Industry News

FTR Associates Releases Preliminary Class 8 Orders for December

FTR Associates has released preliminary data showing December Class 8 total net orders for all major North American OEM's at 8775 units -- the weakest monthly order activity since mid-2002

Tags: Economy

December 26, 2008 - Industry News

FTR Forecast Reflects Downward Revision

FTR Associates' latest truck market forecast registers yet another downward revision to the near term freight and truck production forecast

Tags: Economy

December 26, 2008 - Industry News

Tonnage Tonnage Shows Month-to-Month Improvement, But Freight Outlook Still Bleak

The American Trucking Associations' advanced seasonally adjusted For-Hire Truck Tonnage Index increased 1.7 percent in November, marking the first month-to-month improvement since June 2008 -- but in real numbers, freight volumes remain weak

Tags: Economy

December 11, 2008 - Industry News

Analyst: Lower Oil Prices Should Help Economy Recover

Lower oil prices and an expected government stimulus package should help the economy start growing again during the second half of the year, and that may be a signal for some pent-up truck buying demand to kick in.

Tags: Economy

December 11, 2008 - Industry News

Freight Transportation Services Index Up Slightly in October

The Freight Transportation Services Index rose 1 percent in October from its September level, rising after two consecutive monthly declines, reported the U.S. Department of Transportation's Bureau of Transportation Statistics

Tags: Economy

December 1, 2008 - Industry News

Economic Bureau Says U.S. Has Been in Recession for a Year

Dismissing the notion that a recession equals two quarters of declining GDP, a prominent group of economists announced that by their reckoning, the U.S. has been in a recession for nearly a year

Tags: Economy

November 24, 2008 - Industry News

Truck Tonnage Index Drops 3 Percent

The American Trucking Associations' advanced seasonally adjusted For-Hire Truck Tonnage Index plunged 3 percent in October, marking the fourth consecutive month-to-month drop

Tags: Economy

November 13, 2008 - Industry News

Freight Index in Negative Territory

The Freight Transportation Services Index fell 2.5 percent in September from its August level, declining for the second consecutive month, according to the U.S. Department of Transportation's Bureau of Transportation Statistics

Tags: Economy

November 10, 2008 - Industry News

Automotive and Heavy Duty Suppliers Seek Economic Relief from Government

As the Big Three automakers continue to lobby Washington, D.C., for a government bailout, automotive and heavy-duty parts and components suppliers reminded the government that they need economic relief, too

Tags: Economy

November 7, 2008 - Industry News

Groups Say Unemployment Numbers Underscore Urgency of Infrastructure Stimulus

Friday's news that the nation's unemployment rate hit a 14-year high of 6.5 percent in October prompted several groups to call for a stimulus bill that includes infrastructure spending

Tags: Economy

November 3, 2008 - Industry News

Automotive and Heavy Duty Suppliers Ask President for Economic Relief

In a letter sent to President Bush, the Motor & Equipment Manufacturers Association urged the acceleration of the $25 billion loan program for motor vehicle manufacturers and parts suppliers to meet increased fuel efficiency requirements

Tags: Economy

October 27, 2008 - Industry News

ATA Truck Tonnage Index Falls Again in September

The American Trucking Associations' advanced seasonally adjusted For-Hire Truck Tonnage Index decreased 0.9 percent in September, marking the third consecutive month-to-month drop

Tags: Economy

October 26, 2008 - Industry News

FTR Associates Lowers Forecast in Light of Weaker Economic and Freight Demand

The Oct. 24 issue of FTR Associates' North American Commercial Truck and Trailer Outlook report reflects a significant reduction in 2009 vehicle equipment forecasts

Tags: Economy

October 17, 2008 - Industry News

FTR Conference Call: Bad News Bears

A conference call held Friday by FTR Associates offered a gloomy forecast for the economy, including a consensus that we are facing a four-quarter recession, weak freight and continuing tight credit

Tags: Economy

October 9, 2008 - Industry News

BTS Releases North American Surface Trade Numbers for July

Trade using surface transportation between the United States and its North American Free Trade Agreement partners Canada and Mexico was 15.9 percent higher in July 2008 than in July 2007, reaching $71.6 billion

Tags: Economy

October 8, 2008 - Industry News

Freight Index Fell 1.9 Percent in August from July

The Freight Transportation Services Index fell 1.9 percent in August from its July level, declining after four consecutive monthly increases, the U.S. Department of Transportation's Bureau of Transportation Statistics reports

Tags: Economy

September 24, 2008 - Industry News

ATA Tonnage Index Falls

Confirming anecdotal reports of a slow August, the American Trucking Associations' For-Hire Truck Tonnage Index decreased 1.6 percent in August, the largest month-to-month drop since March

Tags: Economy

September 10, 2008 - Industry News

BTS Freight Index Rises For Fourth Consecutive Month

The Freight Transportation Services Index rose 1.2 percent in July from its June level, rising for the fourth consecutive month, the U.S. Department of Transportation's Bureau of Transportation Statistics (BTS) reported

Tags: Economy

September 8, 2008 - Industry News

Conference Board Index Suggests Unemployment Will Continue To Rise

The Conference Board Employment Trends Index continued its year-long decline in August, suggesting even more softening to come in the labor market

Tags: Economy

September 7, 2008 - Industry News

Oliver Announces Price Increase

Oliver Rubber Company, Greenville, S.C., is increasing prices up to 6 percent on its Oliver and MegaMile brand pre-cure and bonding gum products in North America

Tags: Economy

September 4, 2008 - Industry News

BTS Releases North American Surface Trade Numbers for June

Trade using surface transportation between the United States and its North American Free Trade Agreement partners Canada and Mexico rose 6.6 percent from June 2007, according to the Bureau of Transportation Statistics of the U.S. Department of Transportation.

Tags: Economy

August 26, 2008 - Industry News

ATA Tonnage Index Falls in July

The American Trucking Associations' advanced seasonally adjusted For-Hire Truck Tonnage Index decreased 0.3 percent in July, marking the first month-to-month drop since April

Tags: Economy

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