Fleet Management

Economy

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June 2, 2003 - Industry News

Truck Tonnage Index Shows 5.4% Rise

A preliminary look at the American Trucking Assns.’ (ATA) seasonally adjusted Truck Tonnage Index shows an increase to 153.0 -- or 5.4% -- in April 2003 compared with March 2003

Tags: Economy

May 30, 2003 - Industry News

Income, Spending Show Slight Improvement

The April income and consumption report from the Commerce Department shows only very slim improvement from March.

Tags: Economy

May 29, 2003 - Industry News

April Durable Goods Sales Lower

Durable goods shipments dropped 0.7% in April, orders declined 2.4% and inventories slipped 0.1%.

Tags: Economy

May 28, 2003 - Industry News

Consumers Return to Prewar Spending Habits

Tuesday economic reports confirmed that consumers will again be spending enough to provide modest growth and freight until investment and exports strengthen later this year,

Tags: Economy

May 23, 2003 - Industry News

Tax Cut Will Have Almost Immediate Benefits

The $330-billion tax approved Friday by Congress will almost immediately add some fiscal stimulus to the economy

Tags: Economy

May 19, 2003 - Industry News

Housing Starts Dip in April

April housing starts fell 6.8% to a 1.63 million annual rate, but the decline is not seen as a trend suggesting weakness

Tags: Economy

May 16, 2003 - Industry News

U.S. Factory Outputs Declines in April

Factory output fell 0.6% in April after declining 0.1% in each of the two previous months, according to the Federal Reserve Board

Tags: Economy

May 14, 2003 - Industry News

April Retail Sales Hold Gains

April retail sales held their big gain in March, so the spring quarter has begun with sales 1% above the winter quarter average, according to Jim Haughey, senior economist for Newport Communications.

Tags: Economy

May 7, 2003 - Industry News

SARS Having No Impact on U.S. Freight Volume

The amount of economic damage from the SARS virus cannot yet be fully measured because World Health Organization reports suggest that there are likely some contagious people not yet quarantined in several regions in China.

Tags: Economy

May 1, 2003 - Industry News

Manufacturing Index Slips Lower in April

Manufacturing activity declined marginally in April after a big drop in February, with the ISM index of manufacturing activity falling to 45.4 from 46.2 based on a survey of industrial buyers

Tags: Economy

April 30, 2003 - Industry News

Consumer Confidence Index Jumps 32% in April

The consumer confidence index from the monthly Conference Board survey increased to 81.0 in April from 61.4 in March.

Tags: Economy

April 29, 2003 - Industry News

Consumer Income, Spending Higher in March

Personal income gained 0.4% in March after a 0.2% rise in February, according to the Commerce Department

Tags: Economy

April 25, 2003 - Industry News

Durable Goods, Factory Orders, Shipments Rise in March

Manufacturers shipped 1.0% more durable goods in March than February and booked 2.0% more orders, according to a Commerce Department report.

Tags: Economy

April 23, 2003 - Industry News

Survey Claims Fleet-buying Outlook Strong

More than 75% of the fleets polled by CK Marketing & Communications this month, indicated that they plan to purchase both power units and trailer

Tags: Economy

April 22, 2003 - Industry News

Pre-war Data Push Leading Economic Indicators Down

The Conference Board reported that its index of leading economic indicators fell 0.2% in March on top of a 0.6% decline over the prior two months.

Tags: Economy

April 17, 2003 - Industry News

Housing Starts Improve With the Weather

Housing starts jumped 8.3% to a 1.78-million annual rate from February's weather-reduced total.

Tags: Economy

April 11, 2003 - Industry News

Energy Prices Drive Inflation Up; Retail Sales Jump

The March Producer Price index from the Department of Commerce soared 1.6% from February on top of a 2.5% rise over the prior two months.

Tags: Economy

April 11, 2003 - Industry News

Being Prepared is Key for Upswing Says Leasing Group

The Equipment Leasing Association's (ELA) president, Michael Fleming, told industry leaders in Chicago last week that there is pent-up demand for new equipment that will require companies to seek out more flexible financing to meet the demand

Tags: Economy

April 10, 2003 - Industry News

Rising Import Prices Cut Trade Deficit

The U.S. trade deficit improved 3.2% in February as the balance of services improved, goods exports rose 1.1% and goods imports fell 0.2%, according to the Department of Commerce.

Tags: Economy

April 4, 2003 - Industry News

Jobless Figures Up, But So Are Hourly Wages

Even with 108,000 fewer jobs, the labor market report for March was still better than the report for February, says Jim Haughey, Newport Communication's senior economist

Tags: Economy

April 3, 2003 - Industry News

SARS Virus Threatens Asian Imports

The SARS virus has begun to slow economic activity in Asian economies, says Newport Communications' senior economist Jim Haughey.

Tags: Economy

April 2, 2003 - Industry News

Manufacturing Slips in February

Nondurable goods orders and shipments dropped 1.4% in February from January according to a new report from the Department of Commerce.

Tags: Economy

April 1, 2003 - Industry News

March Manufacturing Index Falls Sharply

The March manufacturing index from the Institute of Supply Management (ISM) dropped to 46.2 in March from 50.5 in February over concerns about the impact of the war in Iraq.

Tags: Economy

March 28, 2003 - Industry News

February Income Rises, Spending Volume Falls

Personal income rose 0.3% in February, on track with the trend over the past year, but nervous consumers kept consumption spending unchanged while the volume of consumer purchases, after inflation, fell 0.4% due to soaring energy prices.

Tags: Economy

March 27, 2003 - Industry News

February Durable Goods Shipments, Orders Decline

February manufacturing shipments fell 1.6% and orders dropped 1.2% in a new Commerce Department report released Thursday

Tags: Economy

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