Fleet Management

Economy

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May 13, 2009 - Industry News

Small Parts Suppliers In Serious Danger, Congress Hears

The credit crisis and its devestating effects on the nation's vehicle builders has also injured thousands of small parts suppliers, and many could fail, one of their executives told Congress yesterday

Tags: Economy

May 4, 2009 - Industry News

CKCVR Q2 09 Fleet Equipment Buying Index Improves from Previous Quarter

CK Commercial Vehicle Research's Fleet Equipment Buying Index for Q2 2009 improved to 93.3 from 75.8 in the first quarter

Tags: Economy

April 30, 2009 - Industry News

February 2009 Surface Trade with Canada and Mexico Fell 30.9 Percent from February 2008

Surface Trade between the United States and its North American Free Trade Agreement partners Canada and Mexico was 30.9 percent lower in February 2009 than in February 2008, dropping to $47.9 billion, the biggest year-to-year percentage decline on record

Tags: Economy

April 27, 2009 - Industry News

ATA Tonnage Index Plunges 4.5 Percent

Gains in the American Trucking Associations' truck tonnage index from the first two months of the year were erased in March

Tags: Economy

April 23, 2009 - Industry News

Still Waiting for Good News

Some are seeing indications of economic recovery, but trucking, a traditional early indicator of the economy's direction, is still waiting for good news

Tags: Economy

April 23, 2009 - Industry News

Record-Low Household Moving Rate Hits Household Goods Industry Hard

New Census Bureau figures showing Americans moved last year at the lowest rate in 40 years. That's consistent with industry data compiled by the American Moving & Storage Association, which also finds the trend continuing into 2009

Tags: Economy

April 5, 2009 - Industry News

March Economic Numbers: Unemployment Up, Factor Orders Rise

Another 663,000 jobs were lost in March and unemployment rose, while for-hire trucking payrolls fell nearly 15,000. However, there were some glimmers of hope in some numbers last week that are used to measure the manufacturing sector

Tags: Economy

April 4, 2009 - Industry News

Class 8, Medium-Duty Trucks Hit Hard by Economic Weakness

Highway tractors continue to depreciate at a heavy rate, according to a report by the American Truck Dealers Official Commercial Truck Guide

Tags: Economy

March 25, 2009 - Industry News

ATA Truck Tonnage index rose 1.7 Percent in February

The American Trucking Associations' advanced seasonally adjusted For-Hire Truck Tonnage Index edged 1.7 percent higher in February 2009, marking the second consecutive month-to-month increase

Tags: Economy

March 24, 2009 - Industry News

Department of Energy Says Wide Single Truck Tires Cut Fuel Costs by 6 to 10 Percent

A 383-page report made available last week by the Department of Energy's Oak Ridge National Laboratory confirms that wide single tires are more fuel efficient than duals on heavy trucks

Tags: Economy

March 19, 2009 - Industry News

Zempel at Pegasus Transtech Event Sounds Upbeat Note on Economy

The U.S. is not in a depression, said Clare Zempel, a noted economist and financial advisor, in remarks Wednesday at the Pegasus Transtech Users Conference in Clearwater, Fla

Tags: Economy

March 16, 2009 - Industry News

2009 Tire Shipments to Drop Seven Percent

Tire shipments are projected to drop more than 7 percent in 2009 following a nearly 9 percent drop in 2008, according to the Rubber Manufacturers Association

Tags: Economy

March 16, 2009 - Industry News

Trucking Continues to Dominate Freight Movement

Despite the current weakness in demand for freight transportation services caused by the nation's recession, the long-term outlook remains bright for all modes of freigh

Tags: Economy

March 11, 2009 - Industry News

Freight Transportation Services Index Falls 2.3 Percent in January

The Freight Transportation Services Index fell 2.3 percent in January from its December level, falling for the third consecutive month to its lowest level in more than five years

Tags: Economy

February 27, 2009 - Industry News

Truck Tonnage Index Rises 3 Percent In January, Down 10.8 Percent From Last Year

A 3-percent month-over-month increase in the American Trucking Associations' advanced seasonally adjusted For-Hire Truck Tonnage Index in January did little to erase the revised 7.8 percent contraction in December 2008

Tags: Economy

February 25, 2009 - Industry News

Freight Outlook Deteriorates Further

Calling it "the worst market in a generation," transportation forecasting firm FTR Associates released its mid-month North American Commercial Truck and Trailer Outlook flash report this week, showing a further weakening in freight and equipment demand

Tags: Economy

February 22, 2009 - Industry News

Putting the Recession in Perspective

Bill Straus, Federal Reserve Bank of Chicago, spoke at Heavy Duty Dialogue '09.

"There is nothing typical about a typical recession. They're all unique," said Bill Strauss, senior economist and economic advisor for the Federal Reserve Bank of Chicago, during Heavy Duty Dialogue '09 last week

Tags: Economy

February 11, 2009 - Industry News

Freight Index Falls 2.3 Percent in December

The Freight Transportation Services Index fell 2.3 percent in December from its November level, falling for the second consecutive month, the U.S. Department of Transportation's Bureau of Transportation Statistics reported

Tags: Economy

January 30, 2009 - Industry News

FTR: Uncertainty, Overcapacity Key Themes for 2009 Economy

In its "Recession Update" webinar for customers Friday, transportation research and forecasting firm FTR Associates painted a picture of a challenging 2009 economic environment, with many uncertainties affecting predictions for the end of this recession

Tags: Economy

January 26, 2009 - Industry News

ATA Tonnage Index Plummets 11 Percent

The American Trucking Associations' advanced seasonally adjusted For-Hire Truck Tonnage Index plunged 11.1 percent in December 2008, marking the largest month-to-month reduction since April 1994, when the unionized less-than-truckload industry was in the midst of a strike

Tags: Economy

January 26, 2009 - Industry News

NABE Survey Confirms Worsening Recession

A survey released Monday by the National Association for Business Economics confirmed that the U.S. recession deepened in the fourth quarter of 2008, depicting the worst business conditions since the survey began in 1982

Tags: Economy

January 14, 2009 - Industry News

Federal Freight Index Lowest in Five Years

The federal government's Freight Transportation Services Index fell 1.4 percent in November from its October level, falling after a one-month rise

Tags: Economy

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

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