Fleet Management

Economy

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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

September 21, 2011 - Industry News

Carrier Expectations Moderate as Economy Falters

Only 45% of the carrier executives responding to a new survey expect volume increases in the next 12 months, compared with 80% in May

Tags: Economy

September 9, 2011 - Industry News

Transportation and Logistics Outlook: Slow but Positive, with Significant Change

Stifel, Nicolaus & Company, an equity research firm, predicted a good future for the freight transportation industry, despite the bad economy, in its Transportation and Logistics Outlook for 2011 and Beyond

Tags: Economy

September 8, 2011 - Industry News

JOC: Import Trade to Stagnate for Rest of 2011

The Journal of Commerce and PIERS revised estimates for containerized import growth for 2011 and 2012 downward on Thursday, citing weaker economic data reported by the U.S. government that will lead to a nearly stagnant import trade for the rest of this year

Tags: Economy

September 6, 2011 - Industry News

August Truck Order Numbers Improve

Commercial truck orders improved during August, according to preliminary data from two trucking industry analysis firms

Tags: Economy

August 30, 2011 - Industry News

BTS: NA Surface Trade Up 11% in June on the Year

Trade using surface transportation between the United States and its North American neighbors, Canada and Mexico, was 11% higher in June 2011 than in June 2010, totaling $77.5 billion,

Tags: Economy

August 24, 2011 - Industry News

Trailer Order Backlogs Ease in Response to Fewer Orders, Continuing Production Strength

Net orders for commercial trailers declined 2% in July from June levels, the fourth straight monthly decline this year, says ACT Research Co. (ACT).

Tags: Economy

August 24, 2011 - Industry News

Higher Durable Goods Orders Temper Economic Gloom

Durable goods orders jumped 4% in July, according to the Commerce Department. Demand for autos and airplanes surged, more than erasing June's 1.3% drop and doubling economists' expectations

Tags: Economy

August 12, 2011 - Industry News

Freight Nearly Flat, But Much Activity Still Above Last Year, FTR Economists Say

If dire economic news of recent days affects the U.S. economy, the observations of economists speaking at FTR Associates' monthly State of Freight webinar might be thrown out the window, said moderator Jonathon Starks, at the August 11 conference's outset. But through this year's first half, cargo movement in the U.S. was brisk and many trucking companies remain healthy as they enjoy higher rates

Tags: Economy

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