Fleet Management

Economy

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June 13, 2012 - Industry News

Truckload Driver Turnover Pushes Higher in First Quarter

After a one quarter reprieve, the annualized turnover rate for large truckload fleets rose slightly in the first quarter of 2012 while small truckload fleets saw a tremendous surge in turnover, according to American Trucking Associations' Chief Economist Bob Costello

Tags: Economy

June 12, 2012 - Industry News

ACT Lowers 2012 Class 8 Build Forecast

ACT Research lowered its Class 8 build expectations for the second half of the year due to continuing softness in demand. Expectations for medium-duty build were unchanged

Tags: Economy

June 8, 2012 - Industry News

Polk: First Quarter Used Commercial Vehicle Registrations Fall

Used Class 3-8 commercial vehicle registrations fell 26.7% from the same period last year, to 164,024 units, according to a recent Polk report

Tags: Economy

June 8, 2012 - Industry News

FTR's Trucking Conditions Index Moves Upward

FTR's Trucking Conditions Index for April moved significantly higher from the previous month, climbing 2.7 points to a favorable reading of 9.1

Tags: Economy

June 6, 2012 - Industry News

Economist Offers Mixed News at Vision Conference

Infrastructure spending could help the economy, but such a measure is not likely to make it through the current Congress, Gin said.

The economy is growing, albeit not enough to put a major dent in unemployment, says one economist, who also believes international events may have more influence on the U.S. economy than President Obama

Tags: Economy

June 5, 2012 - Industry News

Truck Orders up Moderately in May

After four months of decline, North American Class 8 truck orders took a modest upturn in May. Order activity is not where many hoped it would be at this point in the recovery, but analysts say the industry is still relatively healthy

Tags: Economy

June 1, 2012 - Industry News

Trucking Adds 7,300 Jobs in May, National Job Growth Stalls

The trucking industry added 7,300 for-hire trucking jobs in May, an increase from 1.3 million jobs in April and a 3.4% increase from a year ago

Tags: Economy

May 30, 2012 - Industry News

March Surface Trade with Canada and Mexico Exceeds $85 Billion for First Time

Surface trade between the U.S. and its North American Free Trade Agreement partners, Canada and Mexico, was 6.2% higher in March 2012 than in March 2011, totaling $85.8 billion, according to the Bureau of Transportation Statistics of the U.S. Department of Transportation

Tags: Economy

May 29, 2012 - Industry News

New Vehicle Registrations Up 26% from 1Q 2011

New commercial vehicle registrations for Class 3-8 vehicles for the first quarter of 2012 were up 26.6% to 129,755 units from the 102,521 units registered during the first quarter of 2011

Tags: Economy

May 29, 2012 - Industry News

Canadian Government Legislates End to Canadian Pacific Strike

CP yards, like Regina Sask., could begin emptying out as early as the weekend, but resumption of full service could take several weeks. Photo by Jim Park

As the labor dispute at Canadian Pacific Railway enters its eighth day, Canadian federal labor minister, Lisa Raitt has tabled back-to-work legislation that could force striking workers back to their jobs as early as Thursday

Tags: Economy

May 29, 2012 - Industry News

Class 8 Used Truck Volumes Down, Pricing Up in April

Used truck prices are staying high thanks to sharp increases in the cost of new trucks. Photo by Jim Park

April saw a turnaround in the trend of the prior two months in the used Class 8 truck market as volumes sank and pricing rose, according to State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research Co

Tags: Economy

May 24, 2012 - Industry News

Housing, Manufacturing Numbers Good News for Trucking

Two key economic indicators that affect trucking freight, housing starts and industrial production, exceeded expectations in April

Tags: Economy

May 22, 2012 - Industry News

ACT Research: Fleets Return to Trailer Orderboard in April

Fleets started ordering more trailers in April, following recent lackluster performance, although the gains were not universal across all trailer categories, according to ACT Research Co.'s State of the Industry: U.S. Trailers.

Tags: Economy

May 22, 2012 - Industry News

ATA Truck Tonnage Falls 1.1%

The American Trucking Associations' advanced seasonally adjusted For-Hire Truck Tonnage Index fell 1.1% in April after rising 0.6% in March

Tags: Economy

May 21, 2012 - Industry News

Class 8 Backlog Falls in April; Economic Activity Will Expand Moderately

Truck makers are building trucks faster than the order level, say ACT researchers.

Softer orders and a continuation of strong build caused the Class 8 backlog to fall nearly 8,000 units to 106,407 in April, according to ACT Research.

Tags: Economy

May 18, 2012 - Industry News

Spot Freight Index Sets Record in April

In April, the TransCore DAT North American Freight Index achieved the highest volume in a single month since the Index was established in 1996. On a year-over-year basis, volume increased 17% and rose 3.5% compared to March volume

Tags: Economy

May 17, 2012 - Industry News

Raw Materials, Volatile Demand Hurt Supplier Outlook

The cost of raw materials, weak sales and increasing international competition are among the major concerns of heavy-duty suppliers, according to a quarterly "Supplier Barometer" survey conducted by the Heavy Duty Manufacturers Association

Tags: Economy

May 15, 2012 - Industry News

FTR: Trucking Industry Seeing Relatively Good Recovery

The trucking industry, at least for the short term, is experiencing good recovery, according to FTR Associates Senior Consultant Noel Perry. The recovery has maybe a year and a half or two years to go, he said during FTR's "State of Freight" webinar

Tags: Economy

May 14, 2012 - Industry News

FTR Shippers Conditions Index Steadies in March

FTR Associates' Shippers Conditions Index for March did not show much change from the previous month. The index currently stands at -5.3, representing a moderately unfavorable condition for shippers that is expected to persist until the onset of the busy fall shipping season

Tags: Economy

May 9, 2012 - Industry News

Freight Shipments Fell 0.8% in March from February

After a one-month increase, the amount of freight carried by the for-hire transportation industry fell 0.8% in March from February, reports the Bureau of Transportation Statistics' Freight Transportation Services Index. The March level was 16% above the April 2009 low during the recession

Tags: Economy

May 9, 2012 - Industry News

Economic Growth to Continue Throughout 2012

Economic growth is expected to continue in the United States throughout the remainder of 2012, say the nation's purchasing and supply executives in their spring 2012 Semiannual Economic Forecast

Tags: Economy

May 8, 2012 - Industry News

Freight Volumes Show Slow But Continued Growth

The freight market continued to grow in April at the slow pace we have experienced for most of the recovery, with North American freight volumes rising 1.9% from March to April, according to the Cass Freight Index

Tags: Economy

May 8, 2012 - Industry News

Trucking Jobs Grow by 1,800 in April

For-hire trucking companies added 1,800 payroll jobs in April, according to the latest estimates released from the Bureau of Labor Statistics. This comes after a loss of 2,500 in jobs in March, which the BLS adjusted after initially estimating a loss of 1,900 jobs

Tags: Economy

May 8, 2012 - Industry News

Increases in Retail Container Traffic Expected Through Back-to-School Season

Import cargo volume at the nation's major retail container ports will be flat in May compared with the same month last year, but is expected to see solid year-over-year increases through this summer and the back-to-school season, according to the monthly Global Port Tracke

Tags: Economy

May 3, 2012 - Industry News

FTR's Trucking Conditions Index Begins Steady Climb in March

FTR's Trucking Conditions Index for March improved to a reading of 6.4, a half point higher than the previous month, according to the May 2012 Trucking Update. FTR forecasts the index to continue a steady climb throughout 2012, reaching a double-digit positive reading by early 2013.

Tags: Economy

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