Fleet Management

Economy

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April 28, 2014 - Industry News

Economic Watch: Pending Home Sales, Consumer Confidence Best in Months

After months of stagnant activity, pending home sales rose in March, marking the first gain in the past nine months, according to the National Association of Realtors.

Tags: Economy, Home Sales, Consumer Sentiment

April 24, 2014 - Industry News

U.S.-NAFTA Trade Increases, Trucks Gain Most of Any Mode

Percent Change in Value of U.S.-NAFTA Freight Flows by Mode: February 2013 - February 2014. Credit: U.S. DOT

Two of five transportation modes, truck and pipeline, carried more U.S.-North American Free Trade Agreement freight in February 2014 than compared to the same time a year earlier, according to new U.S. Transportation Department figures.

Tags: Canada, Economy, Cross-Border Trucking, Mexico, Surface Trade, Freight

April 23, 2014 - Industry News

Economic Watch: Sales of New Homes Sink, Manufacturing Rising

Photo: Evan Lockridge

UPDATED -- Sales of new single-family homes in the U.S. plunged during March, hitting it lowest level since July and marking the third decline out of the last six months.

Tags: Economy, Home Sales, Manufacturing

April 22, 2014 - Industry News

Economic Watch: Existing Home Sales Fall Slightly

New figures show existing-home sales fell to their lowest level in more than 18 months during March, according to the National Association of Realtors, but the trend may be staring to ease.

Tags: Economy, Home Sales

April 21, 2014 - Industry News

Economic Watch: Leading Economic Indicators Surge

A measure of the health of the U.S. economy turned sharply higher last month, according to a report released Monday morning from the private research group The Conference Board.

Tags: Economy, The Conference Board, Leading Economic Indicators

April 17, 2014 - Industry News

Truckload Linehaul, Intermodal Price Indices Hit New Highs

Truckload linehaul rates spiked in March, with the Cass Truckload Linehaul Index surpassing the 120 mark, showing a 6% year-over-year increase.

Tags: Economy, Cass Intermodal Linehaul Index, Cass Truckload Linehaul Index, Freight Rates, Freight

April 16, 2014 - Industry News

Economic Watch: New Home Starts Mixed, Industrial Production Up

The number of new home starts in the U.S. picked up slightly in March but is below the pace from a year earlier, according to a new U.S. Commerce Department report.

Tags: Economy, Industrial Production, Home Starts

April 15, 2014 - Industry News

Economic Watch: Inflation in Check, Homebuilder Confidence Rises

A new report shows inflation remains in check with consumer prices increasing 0.2% in March, following a 0.1% gain in February, according to the U.S. Labor Department.

Tags: Economy, Consumer Prices, Home Building

April 14, 2014 - Industry News

Economic Watch: March Retail Sales Post Biggest Hike Since 2012

The 1.1% increase from the month before comes as February’s figures was revised upward from a 0.3% increase to a 0.7% gain, following declines in January and December.

Tags: Economy, Retail Sales

April 11, 2014 - Industry News

Economic Watch: Wholesale Prices, Consumer Sentiment Both Rise

UPDATED -- Prices at the wholesale level increased 0.5% in March, the biggest hike since June, according to a new U.S. Labor Department report

Tags: Economy, Wholesale Prices, Producer Prices, Consumer Sentiment

April 10, 2014 - Industry News

Economic Watch: First Time Jobless Benefit Claims Plummet

The number of Americans filing first-time jobless claims in the U.S. for the week ending April 5 posted its largest weekly decline since December 2012 with the lowest level of claims hit since March 2007.

Tags: Economy, Unemployment, Employment, Federal Reserve

April 9, 2014 - Industry News

DOT Freight Index Hits Third Highest Level on Record

Credit: U.S. DOT

The amount of freight carried by the nation’s for-hire transportation industry rose 1.2% in February from January, rising after two consecutive monthly declines.

Tags: Economy, U.S. Department of Transportation, U.S. DOT, Freight, Freight Index

April 8, 2014 - Industry News

Strong Volume Reflected in Cass Freight Index

March freight shipment volume in the U.S. increased 6.6% over the prior month, on top of the 7.3% rise seen in February, according to the just released Cass Freight Index.

Tags: Economy, Freight, Cass Freight Index

April 3, 2014 - Industry News

Economic Watch: Non-Manufacturing Activity Increased During March

A measure of the health of the nation’s non-manufacturing sector shows it grew in March for the 50th consecutive month, according to the nation's purchasing and supply executives.

Tags: Economy, Non-Manufacturing

April 2, 2014 - Industry News

Economic Watch: Employment, Factory Shipments and Orders Post Gains

Private sector employment in the U.S. increased by 191,000 jobs from February to March, according to the March ADP National Employment Report released Wednesday.

Tags: Economy, Consumer Spending, Factory Orders, Employment, Factory Shipments

April 2, 2014 - Industry News

Trucking Conditions Index Reflects Unprecedented Capacity Constraints

A new report shows business conditions in the trucking industry remain positive, despite a slight downturn, amid warnings of a possible capacity shortage.

Tags: Economy, Fleets, Freight, FTR, Capacity, Spot Freight, Manufacturing, Freight Rates, Freight Volume

April 1, 2014 - Industry News

Economic Watch: Manufacturing Expands, Construction Flat

Economic activity in the U.S. manufacturing sector expanded in March for the 10th consecutive month, and the overall economy grew for the 58th consecutive month, say the nation's supply executives in the latest Manufacturing ISM Report On Business.

Tags: Economy, Manufacturing, Construction Spending

March 31, 2014 - Industry News

Economic Watch: Consumer Spending and GDP Gain Among Other Indicators

New figures show biggest driver of the U.S. economy increased last month while the overall economy grew more than estimated a month ago.

Tags: Economy, Freight, GDP, Durable Goods, Home Sales, Consumer Spending

March 21, 2014 - Industry News

Economic Watch: New Construction Down Slightly

After the strong finish to last year, the construction start statistics have shown lackluster activity during the first two months of 2014, totaling an annual rate $486.7 billion last month.

Tags: Economy, Construction Spending

March 20, 2014 - Industry News

U.S. NAFTA Surface Trade Increased in 2013, Trucking’s Share Dips

U.S.-NAFTA Merchandise Trade by Mode: 2010-2013. Graphic: U.S. DOT

A new U.S. Transportation Department repot shows three of the five surface transportation modes, truck, rail and pipeline, carried more U.S. trade with North American Free Trade Agreement partners Canada and Mexico by value in 2013 than compared to the year before.

Tags: Canada, Economy, Cross-Border Trucking, Mexico, Surface Trade

March 20, 2014 - Industry News

Economic Watch: Existing Home Sales Fall, Economic Indicators Up

UPDATED -- Rising prices and severe winter weather caused existing-home sales to slip in February to its lowest level since July 2012 while the outlook for the overall American economy is improving.

Tags: Economy, Home Sales, Leading Economic Indicators

March 19, 2014 - Industry News

Economic Watch: Fed Further Reduces Stimulus Program

The U.S. Federal Reserve on Wednesday announced it would further reduce a stimulus program for the nation’s economy and is leaving interest rates unchanged.

Tags: Economy, Federal Reserve

March 18, 2014 - Industry News

Economic Watch: Inflation Tame, Housing Starts Slip

The U.S. Labor Department reports the Consumer Price index increased 0.1% in February from the month before, the smallest hike since last October, while gaining just 1.1% over the last 12 months.

Tags: Economy, Freight, Home Starts, Inflation

March 17, 2014 - Industry News

Economic Watch: Manufacturing Posts Biggest Jump Since August

Photo: Evan Lockridge

Manufacturing increased 0.8% compared to the month before, nearly erasing a 0.9% decline in January, which the Fed attributed to extreme weather.

Tags: Economy, Industrial Production, Freight

March 14, 2014 - Industry News

Economic Watch: Producer Prices Fall, Consumer Sentiment Weakens

Prices at the wholesale level fell in February, according to a U.S. Labor Department report released Friday, leaving little worry that inflation is a problem.

Tags: Economy, Consumer Confidence, Producer Prices

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