Fleet Management

Economy

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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

March 15, 2012 - Industry News

Truckable Economic Activity Reaches New High in 4Q 2011

Truckable Economic Activity, a trucking-specific economic indicator developed by MacKay & Company. reached a new record high of $8.8 trillion in the fourth quarter of 2011

Tags: Economy

March 14, 2012 - Industry News

DOT Says Freight Shipments Fell 3.6% in January from Record December

The amount of freight carried by the for-hire transportation industry fell 3.6% in January from December, declining after five consecutive monthly increases, according to the DOT's Freight Transportation Services Index

Tags: Economy

March 14, 2012 - Industry News

Pulse of Commerce Index Increased 0.7% in February

The Ceridian-UCLA Pulse of Commerce Index rose 0.7% in February, but it was not enough to offset the 1.7% decline in the previous month

Tags: Economy

March 14, 2012 - Industry News

Retail Trends and What They Mean for Trucking

Changes in the retail supply chain could spell benefits for some kinds of trucking, according to experts at the 2012 Stifel Nicolaus Consumer Conference last week in New York

Tags: Economy

March 12, 2012 - Industry News

ACT: Truck Buying Cycle Peak Moved to 2014

ACT Research has shifted its long-term forecast for the commercial vehicle industry. The cycle peak in 2013 has been adjusted, with stronger demand now stretching through 2014

Tags: Economy

March 12, 2012 - Industry News

FTR Shippers Conditions Index Relatively Flat Month-Over-Month

FTR Associates' Shippers Conditions Index for January remained basically unchanged from the previous month with a reading of negative 4.8

Tags: Economy

March 9, 2012 - Industry News

FTR: Trucking Industry to Fare Adequately in 2012, Oil Prices Will Fall

FTR Associates says the outlook for the 2012 trucking industry is fair. In FTR's "State of Freight" webinar late last week, analysts addressed the overall economy as well as specifics about trucking and oil, a particularly hot topic because of climbing prices

Tags: Economy

March 6, 2012 - Industry News

Cass Freight Index Report: Shipping Picks Up Post Holiday Season

In a reversal of a very long trend, the month-to-month change in freight movements in February was greater than that of expenditures, reports the February 2012 Cass Freight Index Report

Tags: Economy

March 5, 2012 - Industry News

FTR's Trucking Conditions Index Expected to Climb in 2012

In spite of a reading of 6.1 for January's Trucking Conditions Index, FTR Associates forecasts a slow climb to strongly positive territory for trucking throughout 2012, with volumes and profits sufficient for investment for growth by year's end

Tags: Economy

March 2, 2012 - Industry News

Commercial Vehicle Orders Still Healthy in February

Two companies that track commercial vehicle sales say truck orders were down in February, but they're still continuing at a relatively healthy level

Tags: Economy

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