Fleet Management

Economy

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May 6, 2015 - Industry News

First Quarter Intermodal Shipments Increase 2 Percent

Graphic: IANA

Total intermodal shipments in the U.S. and Canada rose 2% over last year’s first quarter volumes despite port congestion issues that impacted international container traffic, according to new figures from the Intermodal Association of North America.

Tags: Economy, Intermodal, IANA

May 5, 2015 - Industry News

Economic Watch: Service Sector Builds Momentum, Trade Deficit Up

Photo: Revisorweb via Wikimedia Commons

Economic activity in the nation’s service sector increased in April, according to two reports released on Tuesday.

Tags: Economy, Non-Manufacturing

May 4, 2015 - Industry News

Economic Watch: Factory Orders Increases Most in 8 Months

Photo: Evan Lockridge

New orders and shipments of factory made goods turned around in March, according to a new Commerce Department Report released Monday.

Tags: Economy, Factory Orders, Factory Shipments

May 1, 2015 - Industry News

Economic Watch: Manufacturing Growth Slows, Consumers Optimistic

Photo: Revisorweb via Wikimedia Commons

The level of manufacturing in the U.S. was unchanged in April compared to the month before, according to a new survey of the nation’s purchasing managers.

Tags: Economy, Consumer Confidence, Manufacturing, Consumer Spending, Construction Spending

May 1, 2015 - Industry News

YRC Worldwide Reduces First Quarter Loss

Photo via YRC

Trucking operator YRC Worldwide Inc. cut some of its losses the first quarter of the year, but was still $21.6 million in the red.

Tags: YRC Worldwide, Economy, Quarterly Earnings

April 29, 2015 - Industry News

Economic Watch: GDP Growth Slows Dramatically

Photo: Revisorweb via Wikimedia Commons

The pace of economic growth in the U.S. slowed dramatically in the first quarter of the year, according to the first estimate from the Commerce Department. Economists disagree whether bad weather and port problems are largely to blame.

Tags: Economy, GDP

April 28, 2015 - Industry News

Vieth: Private Fleets Sitting Pretty

As ACT Research's Kenny Vieth sees it, private fleets in this economy are clearly in scoring position.

At the National Private Truck Council annual meeting, economist Kenny Vieth declared private fleets are now “sitting in the catbird seat” because they are “poised for growth” as the economy keeps gaining speed and freight volumes keep rising.

Tags: National Private Truck Council, ACT Research, NPTC, Freight, Economy, Private Fleets, Information Technology

April 28, 2015 - Industry News

Economic Watch: Consumer Confidence Lowest Since December

Photo: Revisorweb via Wikimedia Commons

A measure of U.S. consumer confidence fell in April, its biggest drop since October 2013 and the lowest level in four months.

Tags: Economy, Consumer Confidence

April 27, 2015 - Industry News

Economic Watch: Services Sector Growth Eases

Photo: Revisorweb via Wikimedia Commons

Growth in the U.S. service sector during April eased from a seven-month high in March, according to the financial information services provider Markit, but numbers still point to strong start to the second quarter.

Tags: Economy, Non-Manufacturing

April 24, 2015 - Industry News

Economic Watch: Durable Goods Orders Increase, Key Indicator Down Again

Orders for big ticket, long lasting durable goods increased 4% in March, the biggest gain in eight months, but a key indicator of business investment fell for the second consecutive month.

Tags: Economy, Durable Goods

April 23, 2015 - Industry News

Economic Watch: New Homes Sales Mixed, Manufacturing Slows

Photo by Evan Lockridge

Sales of new homes in the U.S. during March fell the most in more than 18 months following three straight monthly gains, according to the Commerce Department.

Tags: Economy, Manufacturing, Home Sales

April 23, 2015 - Industry News

Trucks Move More U.S.-NAFTA Freight, Overall Level Declines

Percent change in value of U.S.-NAFTA freight flows by mode: February 2014 - February 2015. Graphic: U.S. DOT

Freight movements between the U.S. and Canada and Mexico fell in February, hitting its lowest level in terms of value since 2011, according to new U.S. Transportation Department figures.

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

April 22, 2015 - Industry News

Economic Watch: Existing Home Sales Spike in March

Existing-home sales in the U.S. jumped in March to their highest annual rate in 18 months, according to the National Association of Realtors on Wednesday. Led by the Midwest, all major regions experienced strong sales gains in March and are above their year-over-year sales pace.

Tags: Economy, Home Sales

April 17, 2015 - Industry News

Economic Watch: Inflation, Leading Indicators, Consumer Sentiment Increase

Consumer prices moved up for the second straight month in March after falling during much of the winter, but remain at their lowest level in years.

Tags: Economy, Consumer Prices, Consumer Sentiment, Leading Economic Indicators

April 16, 2015 - Industry News

Economic Watch: Housing Starts Post 2% Gain in March

Nationwide housing starts rose 2% in March, hitting an annual rate of 926,000 units, but it's not as much as many analysts were hoping.

Tags: Housing Starts, Economy

April 15, 2015 - Industry News

Economic Watch: Industrial Production Weakens, Homebuilder Optimism Up

For the first quarter of 2015 this measure of the total activity at the nation’s factories, mines and utilities declined at an annual rate of 1%, the first quarterly decrease since the second quarter of 2009.

Tags: Economy, Industrial Production, Home Building

April 14, 2015 - Industry News

Cass Freight Index Shows Increasing Shipments, Spending

North American freight volume and expenditures rose again in March as shipments picked up significantly from the West Coast ports, according to the latest readings of the Cass Freight Index.

Tags: Economy, Intermodal, Freight Rates, Freight Volume, Cass Freight Index

April 14, 2015 - Industry News

Economic Watch: March Wholesale Prices, Retail Sales Move Higher

Prices at the wholesale level rose in March for the first time since October, according to the U.S. Labor Department on Tuesday.

Tags: Economy, Retail Sales, Producer Prices

April 7, 2015 - Industry News

Freight Outlook Good Despite Some Weaknesses

Graphic: FTR

While some may complain that truck freight levels haven’t taken off like a rocket since the end of the Great Recession, the fact is they have posted solid improvements, according to Jonathan Starks of the freight forecasting firm FTR -- and could be headed for a new peak.

Tags: Economy, Freight, FTR, Spot Freight

April 6, 2015 - Industry News

Cross-Border Truck Freight Rises in January

Percent change in value of U.S.-NAFTA freight flows by mode, January 2014 - January 2015. Graphic: U.S. DOT

The amount of freight moved between the U.S. and its North American Free Trade Agreement neighbors of Canada and Mexico totaled $89.3 billion in January, according to U.S. Transportation Department figures, down 1.2% from a year earlier,

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

April 6, 2015 - Industry News

Economic Watch: Service Sector Continues Expanding

Photo: Revisorweb via Wikimedia Commons

Two reports released Monday show the nation’s service sector continues increasing, albeit at different rates.

Tags: Economy, Non-Manufacturing

March 23, 2015 - Industry News

Truckload Rates Improving, Intermodal Falling

A measure of freight rates in one trucking sector improved in February over the past year, but declined from the month before.

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

March 23, 2015 - Industry News

Economic Watch: Existing Home Sales Increase Slightly

Existing-home sales in the U.S. increased modestly in February, but constrained inventory levels pushed price growth to its fastest pace in a year, according to the National Association of Realtors on Monday.

Tags: Economy, Home Sales

March 20, 2015 - Industry News

Economic Watch: Construction Starts up 34% in First Two Months of 2015

Graphic: Dodge Data and Analytics

Construction starts in the U.S. posted healthy gains in February compared to the month before and the same time in 2014, according to a new report from the construction industry data provider Dodge Data and Analytics.

Tags: Economy, Construction Spending

March 19, 2015 - Industry News

Economic Watch: Leading Indicators Rise, Interest Rates Staying Put

Photo: Revisorweb via Wikimedia Common

A look at where the U.S. economy is headed in the next three to six months showed another rise, according to a new report from the private research group The Conference Board.

Tags: Economy, Leading Economic Indicators, Federal Reserve

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