Fleet Management

Economy

1051  -  1075  of  1112

December 1, 2000 - Industry News

Worst Of Economic Downturn Is Here

Recent economic reports confirm that the U.S. economy is now near the bottom of this business cycle.

Tags: Economy

November 20, 2000 - Industry News

Trailer Sales Dive Despite Strong Signs for Freight

Despite the strong economy, shipments of new trailers dropped 17% in the third quarter and were down 5.6% for the year, according to the latest manufacturer survey by Economic Planning Associates

Tags: Economy

November 15, 2000 - Industry News

Texas Insurance Company Says Goodbye to Trucking

A Texas insurance company has bowed out of the trucking industry, claiming losses are just too high to keep insuring trucks

Tags: Economy

October 28, 2000 - Industry News

Depleted Truck Market Hits Finance Companies

Financial institutions are being hurt by depressed market conditions in trucking, and that's going to make it harder for potential buyers to borrow money in the coming months

Tags: Economy

October 26, 2000 - Industry News

ATA Study Looks at Trucking&#39s Future

The U.S. trucking industry faces a bright future as it enters the 21st century, according to the Fifth annual U.S. Freight Transportation Forecast produced for the American Trucking Associations

Tags: Economy

October 23, 2000 - Industry News

Fuel Prices Cut Carrier, Supplier Profits

As third-quarter financial reports continue to be released, it is evident that high fuel prices have affected both trucking companies and the manufacturers that supply them

Tags: Economy

October 22, 2000 - Industry News

Insurance Rates Are On the Rise for Trucking Companies, Says NAFC

Trucking companies are experiencing significant increases in bodily injury and property damage liability rates, according to the National Accounting and Finance Council of the American Trucking Associations

Tags: Economy

October 17, 2000 - Industry News

High Fuel Costs May Hit Retailers Harder Than Consumers

Despite high fuel prices, retail prices and shipping fees paid by consumers are likely to remain pretty consistent this holiday season, largely because of the intense competition between Internet and traditional retailers. That's the prediction of a

Tags: Economy

September 29, 2000 - Industry News

Truck Sales: Down This Year & Next, Will Rebound 2002

The demand for new trucks and buses will continue to ease through this year and next, then start a steady pace of expansion in 2002, predicts Economic Planning Associates

Tags: Economy

September 28, 2000 - Industry News

High Fuel Costs Drop Third Quarter Profits

Several major carriers have issued third quarter profit warnings, giving notice before their summer quarter financial statements are released that earnings per share are below security analysts' expectations

Tags: Economy

September 27, 2000 - Industry News

Fuel Availability, New Service Demands Increasing Pressures On Trucking

A harsh winter and fuel-availability problems would spell shortages for the trucking industry, and the government's release of oil from the nation's strategic reserves likely won't help: Oil-capacity utilization is nearing the maximum, meaning there will be problems getting the fuel to the end user. That was among predictions from Martin Labbe of Martin Labbe Associates, a transportation information consulting firm

Tags: Economy

September 25, 2000 - Industry News

Collaboration Critical To Future Success In Truck Sales

The last eight years have been "the Bull Run of Trucking," according to Volvo Trucks North America's president and CEO Marc Gustafson. But now, business has become a struggle, due in large part to increased operating expenses. For those involved in truck sales and leasing, the key challenges are shrinking demand for new trucks, excess new truck inventory, a flood of used trucks and falling used truck prices

Tags: Economy

September 25, 2000 - Industry News

Industry Challenges Continuing, Kenworth GM Says

Along with the glut of used trucks, the heavy truck industry has an excess of more than 50,000 new Class 8s, double the annual average excess of about 25,000. However, as factories reduce their build rates and increase their shutdown times, that excess is decreasing

Tags: Economy

September 21, 2000 - Industry News

DaimlerChrysler Predicts U.S. Truck Market Will Remain Slow Until 2002

A DaimlerChrysler AG board member responsible for commercial vehicles said he expects the current slowdown in the U.S. heavy truck market to continue up to 2002

Tags: Economy

September 19, 2000 - Industry News

Top Economists See Truck Production Falloff

Truck production, which has already begun to slide steeply from the record highs posted in 1999, will get steadily worse throughout this year and next before flattening out. But that's not all bad, agreed the six economists and transportation experts who spoke at the Economic Outlook Conference sponsored by the National Truck Equipment Association in Dearborn, Mich., this week.

Tags: Economy

September 18, 2000 - Industry News

Truck Parts Suppliers Predict Lower Earnings

Dana, ArvinMeritor and Eaton all announced that third quarter earnings would be below Wall Street analysts' expectations

Tags: Economy

September 6, 2000 - Industry News

Trailer Sales Down 6.6%

The anticipated slowdown in trailer demand is apparently under way. According to Economic Planning Associates' latest survey of trailer manufacturers, second quarter 2000 trailer shipments are 6.6% below second quarter 1999. This comes after a 7.2% gain in the first quarter

Tags: Economy

August 23, 2000 - Industry News

Truck Sales Drop: We've Seen The Worst of It

Freightliner’s 3,745 layoffs last week bring the total over the past few months to over 6,000 in North American heavy truck factories, including earlier layoffs by Volvo, Paccar and Navistar. More layoffs are likely this fall. Manufacturers

Tags: Economy

July 26, 2000 - Industry News

Quarterly Reports Show Truckload, LTL Carriers Face Different Challenges

Truckload carriers continue to expand sales faster than less-than-truckload carriers, even though they are getting less than half of the freight rate increases realized by LTL carriers. But TL profits are lagging because their business model

Tags: Economy

July 13, 2000 - Industry News

Debt, High-Priced Fuel Cause Trucking Shakedown

Easy-to-get credit and high fuel prices are taking their toll on trucking, and according to industry experts, are filling truck dealers’ lots with slow-selling tractor-trailers and repossessed big rigs

Tags: Economy

July 11, 2000 - Industry News

Fleet Utilization Still at Record Levels

Class 6-8 vehicle utilization remained at record levels in second quarter 2000, according to the latest survey by MacKay & Co

Tags: Economy

June 22, 2000 - Industry News

Volvo Trucks Lays Off 70 Employees

Slow truck sales and an overabundance of used tractors has forced Volvo Trucks to lay off 70 employees

Tags: Economy

June 21, 2000 - Industry News

TradeOut Sells GE Capital Assets

TradeOut, a B2B Internet marketplace based in Valhalla, N.Y., has completed the sale of $1.1 million of GE Capital assets from the Genstar division

Tags: Economy

June 21, 2000 - Industry News

AB Volvo CEO Johansson "Bullish" About Volvo/RVI/Mack Merger

AB Volvo’s dynamic young CEO Leif Johansson visited Mack Truck’s corporate headquarters in Allentown yesterday to see what he bought in Volvo’s acquisition of Renault VI’s truck business which included Mack Trucks

Tags: Economy

June 13, 2000 - Industry News

MSNBC Laments Owner-Operators' Plight

A report last weekend on MSNBC's web site focused on what it called a "grim future" for truck owner-operators

Tags: Economy

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