Fleet Management

Economy

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October 25, 2011 - Industry News

ATA Truck Tonnage Index Up 1.6% in September

American Trucking Associations' advance seasonally adjusted For-Hire Truck Tonnage Index increased 1.6% in September after falling a revised 0.5% in August 2011, the group's economists announced

Tags: Economy

October 25, 2011 - Industry News

Auctions Lead Used Truck Sales Recovery in September

Auction action and healthy wholesale activity pushed sales volumes of used Class 3-8 commercial trucks in September after an extended summer slump, reported ACT Research. Retail markets fell, however

Tags: Economy

October 25, 2011 - Industry News

TCP Survey: 'Trend of Caution" Among Smaller Carriers

Given all the uncertainly regarding the economy, volumes, rates, drivers, and regulation, more carriers, especially small ones, are thinking about leaving the industry or liquidating in the next six months, according to Transport Capital Partners' Third Quarter Business Expectations Survey

Tags: Economy

October 24, 2011 - Industry News

Commercial Trailer Net Orders Improved in September

Trailer order activity posted solid improvement in September after lackluster performance in previous months. Net orders were up almost 31% month-over month and 22% year-over-year

Tags: Economy

October 19, 2011 - Industry News

Contractor Numbers Holding Steady, Fleets Less Likely to Include Them in Expansion Plans

The recent Third Quarter 2011 Transport Capital Partners Business Expectations Survey finds that carriers' contractor fleets have remained steady over the last three quarters. However, the ability for fleets to expand using contractors has been trending down for the last five quarters

Tags: Economy

October 19, 2011 - Industry News

CV Demand Stays Strong in September

In the face of a sluggish economy and in what is typically the weakest new order period of the year, commercial vehicle order activity strengthened in September

Tags: Economy

October 18, 2011 - Industry News

New Freight Data Available From Cass to Analyze Market Trends

Cass Information Systems has aligned with Avondale Partners, LLC, an investment banking and wealth management firm, to create an index that reflects truckload pricing trends in North America

Tags: Economy

October 17, 2011 - Industry News

Spot Market Volumes, Rates Increase in September

TransCore's September North American Freight Index rose 3.2% compared to August and 45% compared to September 2010. September marked the highest same-month spot-market freight availability since the aftermath of Hurricane Katrina

Tags: Economy

October 17, 2011 - Industry News

"All Eyes on the Economy" Panel Offers Insights into Trucking, Energy, Growth

A panel of economic experts said while economic growth will still be too slow to make a dent in unemployment numbers, they don't see the United States sliding into a double-dip recession - and trucking can outperform the macro economy, especially if manufacturing continues to grow as it has been

Tags: Economy

October 16, 2011 - Industry News

Freight Shipments Up 0.4% in August: BTS

The amount of freight carried by the for-hire transportation industry rose 0.4% in August from July, reaching the highest level since July 2008, according to the U.S. Department of Transportation's Bureau of Transportation Statistics' Freight Transportation Services Index, released late last week

Tags: Economy

October 12, 2011 - Industry News

Pulse of Commerce Index Falls Third Month in a Row

The Ceridian-UCLA Pulse of Commerce Index fell a full percentage point in September on a seasonally and workday adjusted basis. September's decline follows a 1.4% decline in August and a 0.2% decline in July

Tags: Economy

October 11, 2011 - Industry News

North American Class 8 Builds for 2011 Should be About 250,000: ACT

Forecasts for both heavy- and medium-duty vehicles for 2011 remain basically unchanged from last month, according to the October issue of the ACT North American Commercial Vehicle OUTLOOK, published by ACT Research Co

Tags: Economy

October 11, 2011 - Industry News

Fewer Truckers Using Brokers: TCP National Survey

Transport Capital Partners Q3 2011 Business Expectations Survey finds that 81% of carriers have become less reliant on load brokers over the past three months. Only 15% have used them more

Tags: Economy

October 10, 2011 - Industry News

TransCore Sees Gains in Spot Market Demand, Rates

TransCore Freight Index (August 1996 = 100)

TransCore's Freight Index was up 45 percent in September compared to the same month in 2010, with rates showing modest increases in all freight sectors

Tags: Economy

October 9, 2011 - Industry News

September Volumes Healthy Despite Bleak Outlook for Q4 2011

Freight shipments and payments were both up in September, in line with the expected seasonal rise. But according to the Cass Freight Index, other key economic measures do not indicate that this is the beginning of a trend

Tags: Economy

October 9, 2011 - Industry News

TransCore Sees Rise in Spot Market Dry Van, Reefer Rates

In September, the national average for spot market rates rose two percent for both dry vans and refrigerated ("reefer") vans compared to August. Flatbed rates remained stable, month-over-month. Rates appear to be following a more traditional seasonal trend

Tags: Economy

October 6, 2011 - Industry News

Survey Reveals Logistics Leaders More Optimistic about Long-Term Growth

Growth projections are most optimistic in Asia, with companies expecting 15.8% growth in 2012. Photo credit: Maersk Lines

The recently released 18th Annual Survey of Third-Party Logistics Providers revealed logistics companies experienced improved economic conditions in 2010. Nearly 90 percent of companies surveyed in North America met or exceeded revenue projections compared with only 50 percent in 2009

Tags: Economy

October 6, 2011 - Industry News

2011 Per-truck Revenue Climbs by 10%

TransCore's second annual Carrier Benchmark Survey shows that to date in 2011, carriers' monthly revenue was on average $1,607, or 10%, higher per truck than in 2010

Tags: Economy

October 5, 2011 - Industry News

China's Commercial Vehicle Market Shows Mixed Results in Q2

Performance was mixed in China's commercial vehicle market during Q2'11. Sales of medium-duty trucks was strong, while the heavy-duty sector languished

Tags: Economy

October 4, 2011 - Industry News

Carriers Backing Away from New Truck Buying Plans

The recent Third Quarter 2011 Transport Capital Partners (TCP) Business Expectations Survey found that only 5% of carriers are planning to add 16% or more capacity in the next year, down from 29% that had such plans six months ago

Tags: Economy

October 4, 2011 - Industry News

Commercial Vehicle Net Orders Better Than Expected in September

Preliminary net orders for North America heavy and medium commercial vehicles, as reported by ACT Research Co., LLC, continue to show month-over-month improvement in Septembe

Tags: Economy

September 27, 2011 - Industry News

North American Surface Trade for July up 18.1% YoY

Trade using surface transportation between the U.S., Canada and Mexico was 18.1% higher in July 2011 than in July 2010, totaling $72.4 billion, according to the Bureau of Transportation Statistics

Tags: Economy

September 26, 2011 - Industry News

ACT: Trailer Shipments Strong; Used Trucks Scarce

Two new reports from ACT Research indicate that trailer shipments were strong in August (although increasing cancellations are a concern), while the used truck market is challenged by a lack of inventory

Tags: Economy

September 22, 2011 - Industry News

FTR Shippers Condition Index Resumes Declining as Expected

FTR Associates' Shippers Condition Index edged lower in July to a current reading of -3.8, meaning conditions were favorable for higher rates for truckers

Tags: Economy

September 21, 2011 - Industry News

Commercial Vehicle Orders Hold Up Despite Economy

Commercial vehicle orders held up reasonably well in August, despite a proliferation of bad news about the economy that led to a meaningful collapse in consumer confidence

Tags: Economy

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