Fleet Management

Economy

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February 26, 2010 - Industry News

Revision of GDP Growth Bodes Well For Trucking Industry

The U.S. Department of Commerce has revised its estimate for real gross domestic product growth to 5.9 percent for the fourth quarter, a boost over an earlier estimate of 5.7 percent growth

Tags: Economy

January 29, 2010 - Industry News

Economic Indicators Provide Positive Signs of Recovery

Last week, changes in a few economic indicators, such as the gross domestic product and consumer confidence, point to better days ahead for the U.S. economy and for the trucking industry

Tags: Economy

January 24, 2010 - Industry News

Economists Say Better Days Ahead, But Growth to be Moderate

The worst is behind us, but economic recovery will likely be slower than we would like, according to two economic analysts speaking at last week's Heavy Duty Dialogue, a one-day business conference for heavy-duty suppliers

Tags: Economy

January 19, 2010 - Industry News

Roadsigns to Recovery

It looks like the recession is over. Now the question on everyone's mind is the recovery. Even though the economy is heading in the right direction, expect a bumpy ride, said an economist speaking at Heavy Duty Aftermarket Week Tuesday. "The recovery is one of the most difficult phases of the business cycle," said Bob Dieli, President and founder of RDLB Inc., an economic research and management consulting fir

Tags: Economy

January 14, 2010 - Industry News

The First Lesson of Recession: Survive It

(Photo courtesy of Corcentric)

The Great Recession has affected freight transportation in many ways but most of all it has provided a lesson in survival. "We did what most businesses did in order to survive - things that in our 25-year history we've never had to do," said Pat Quinn, co-chairman of U.S. Xpress. Such as: pay freezes, pay cuts from five to 20 percent and laying off non-driving personne

Tags: Economy

January 5, 2010 - Industry News

Economic Crisis Has People on the Move

As a result of the state of the economy and high rates of unemployment in some states, people flocked out of the Rust Belt and western regions, migrating to more promising states in the Southwest, Northeast and Southeas

Tags: Economy

January 2, 2010 - Industry News

November Truck Tonnage Index Has Best Year-Over-Year Showing in 12 Months

The American Trucking Associations' advance seasonally adjusted For-Hire Truck Tonnage Index increased 2.7 percent in November, following a 0.2 percent contraction in October

Tags: Economy

November 20, 2009 - Industry News

FTR Associates: Markets Do Recover After a Bad Recession

While this recession has been the longest and deepest we've seen in a while, the record shows that markets do recover after a bad recession, said Noel Perry, senior consultant at FTR Associates, during a webinar Friday morning

Tags: Economy

November 18, 2009 - Industry News

Freight Recovery Most Likely Headed For Elongated 'U' in 2010

During an interactive session at the 2009 Intermodal Expo and TransComp in Anaheim, Calif., this week, 44 percent of the audience said they expect the economic recovery to play out in a "U" shape, or a slow upturn. Meanwhile, 26 percent anticipate a "W" shape, or a double dip in economic activity. For the most part, panelists agreed with the audience and expect an elongated "U,"

Tags: Economy

November 13, 2009 - Industry News

Despite Stimulus, Transportation Contractors Don't See a Bright 2010

Despite the fact that nearly 70 percent of transportation contractors received stimulus-funded contracts work this year, most transportation contractors are not optimistic about the economic conditions, and about 77 percent expect the construction market to drop in 2010

Tags: Economy

November 6, 2009 - Industry News

FTR: We're on the Bottom, But Where Do We Go From Here?

"We really have reached a bottom, and that's a good thing." "We think the economy is starting to improve." These are just a few of the promising phrases listeners heard from Eric Starks, president of FTR Associate

Tags: Economy

October 29, 2009 - Industry News

Economic Signs Point to a Recovery

Recent economic indicators point to some positive reinforcement that we're coming out of the recession, including news of the gross domestic product rising 3.5 percent in the third quarte

Tags: Economy

October 2, 2009 - Industry News

Durable Goods Shipments Fall After Hopeful Two Months

Shipments in manufactured durable goods were disappointing in August, with a 1.4 percent drop from July, following a two-month uptick in shipment

Tags: Economy

October 1, 2009 - Industry News

U.S. Economy Dips Less Than Expected in 2Q

The U.S. Gross Domestic Product during the second quarter was not as bad as previously thought, with a 0.7 percent decline, compared to the 1 percent decrease forecasted in Augus

Tags: Economy

September 30, 2009 - Industry News

NAFTA Land Trade Down 28 Percent From July 2008

North American surface transportation trade was down 28 percent in July 2009 from the year-ago perio

Tags: Economy

September 1, 2009 - Industry News

U.S. Manufacturing Shows First Sign of Growth in 18 Months

The manufacturing industry has started to show improvement for the first time in 18 month

Tags: Economy

August 31, 2009 - Industry News

NAFTA Surface Trade Down for Sixth Straight Month

North American surface transportation trade was down 31.5 percent in June 2009 from the year-ago perio

Tags: Economy

August 28, 2009 - Industry News

Smaller GDP Drop Positive Sign

Real Gross Domestic Product, the output of goods and services produced by labor and property in the U.S., dropped at an annual rate of 1 percent in the second quarter of 2009, a much smaller decrease from the first quarte

Tags: Economy

August 26, 2009 - Industry News

Boost in Durable Goods Shipments Offers Hope For Trucking

Shipments of manufactured durable goods were up $3.5 billion, or 2 percent, to $173.1 billion in July, following a 0.7 percent boost in Jun

Tags: Economy

August 26, 2009 - Industry News

Truck Tonnage Rises 2.1 Percent in July

The American Trucking Associations' advanced seasonally adjusted For-Hire Truck Tonnage Index was up 2.1 percent in July, raising the index to 101.

Tags: Economy

August 23, 2009 - Industry News

Economist: Recession Expected to End This Quarter

An economist speaking to trucking executives last week said three different panels of economists believe the recession will end this quarter. A monthly survey of 51 economists published earlier this month by Blue Chip Economic Indicators say the Gross Domestic Product, the measure of the nation's economic activity, will turn positive in the third quarter

Tags: Economy

August 17, 2009 - Industry News

Bibby Transportation Assists the Trucking Industry

Bibby Transportation Finance, a subsidiary of Bibby Financial Services, has provided $2.7 million in new credit facilities in June and July to help small- and medium-sized trucking companie

Tags: Economy

July 30, 2009 - Industry News

Surface Trade With Canada and Mexico Down 35.4 Percent

Land transportation trade between the U.S., Canada and Mexico in May was down 35.4 percent from May 2008, the largest decline from the same month of the previous year on recor

Tags: Economy

July 27, 2009 - Industry News

ATA Truck Tonnage Index Down 2.4 Percent In June

American Trucking Associations' advanced seasonally adjusted For-Hire Truck Tonnage Index fell 2.4 percent in June

Tags: Economy

July 24, 2009 - Industry News

Carriers Less Pessimistic About Third Quarter

More trucking companies are not looking back on the first two quarters of this year, as pessimism in the industry subsides somewha

Tags: Economy

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