Fleet Management

Economy

1051  -  1075  of  1210

November 9, 2001 - Industry News

Wholesale Prices Plunge, Trucking May See Some Benefits

Prices at the wholesale level in October fell by their largest amount in 12 years. The U.S. Labor Department reported today its Producer Price Index fell 1.6%, an unusually large decline, but this may translate into good news for trucking

Tags: Economy

November 7, 2001 - Industry News

Sales At Wholesale Level Drop Along With Inventories

The latest figures show sales at the wholesale level dropped during September while inventories eased a bit

Tags: Economy

November 6, 2001 - Industry News

Fed Lowers Interest Rates Again

The Federal Reserve today decided to lower interest rates for the 10th time this year

Tags: Economy

October 31, 2001 - Industry News

GDP Posts Biggest Drop Since 1991

The American economy is on the edge of officially being in a recession. On Wednesday the U.S. Commerce Department released news that the Gross Domestic Product through the third quarter of the year contracted at an annual rate of 0.4%

Tags: Economy

October 30, 2001 - Industry News

Consumer Confidence Takes A Nosedive

Consumer confidence has been counted on as being a key element to keep the U.S. economy from heading further south, but now it appears to be eroding, too

Tags: Economy

October 25, 2001 - Industry News

Economic Reports Show Effects Of Terrorist Attack

Even though the latest economic reports paint a picture of a dismal economy, there is some evidence that the full shock of the terrorist attacks to the economy was absorbed during September

Tags: Economy

October 24, 2001 - Industry News

Overnite CEO Predicts No Recovery Until 2003

Leo Suggs

Look for more closures and mergers in the trucking industry, and don’t look for a recovery to begin until 2003. That’s the prediction of Overnite Transportation Chairman, President and CEO Leo Suggs

Tags: Economy

October 22, 2001 - Industry News

Economic Indicator Drops

A barometer of future U.S. economic activity fell in September. The New York-based Conference Board reported Monday its Index of Leading Economic Indicators fell 0.5% in September

Tags: Economy

October 16, 2001 - Industry News

Industrial Production Down For 12th Straight Month

Industrial production fell for the 12th consecutive month in September, marking the first time there has been an entire year of declines since the mid 1940s

Tags: Economy

October 15, 2001 - Industry News

A Tale Of Two Owner-Operators: Surviving The Downturn

Scott Breon is definitely feeling the economic pinch. The owner-operator from State College, Pa., reported that load availability is down and his deadhead miles are up. He’s seen rates going west drop as low as 65 cents. Fuel is expensive. So are some other costs, like taxes and tolls

Tags: Economy

October 12, 2001 - Industry News

Retail Sales Post Biggest Drop In 10 Years, Producer Prices Increase

Retail sales have posted their biggest drop in 10 years

Tags: Economy

October 10, 2001 - Industry News

Wholesale Inventories Down, Sales Up

The latest word is that wholesale inventories are down for the third consecutive month, and that could be good for trucking

Tags: Economy

October 4, 2001 - Industry News

ATA: 170,000 Drivers Could Be Called To Military Service

The American Trucking Associations is telling its motor carrier members that thousands of truck drivers who are in the armed forces reserves or members of the National Guard, could be called to active dut

Tags: Economy

October 4, 2001 - Industry News

Factory Orders Steady, Shipments Fall In August

Orders for goods from U.S. factories are holding steady, with the news taking analysts by surprise while shipments continued their decline

Tags: Economy

October 2, 2001 - Industry News

Fed Cuts Interest Rates For Ninth Time This Year

The Federal Reserve has cut interest rates for the ninth time this year. Tuesday the Fed decided to lower its target for the federal funds rate by 50 basis points to 2.5 percent

Tags: Economy

October 1, 2001 - Industry News

Manufacturing Slips As Expected In September

The first economic numbers since the Sept. 11 attack on America show manufacturing activity is still down

Tags: Economy

September 28, 2001 - Industry News

2nd Quarter GDP Revised Up, Outlook Still Bleak

Gross Domestic Product rose slightly in the second period, according to new numbers from the U.S Commerce Department, but dropped steeply from the growth rate earlier in the year

Tags: Economy

September 27, 2001 - Industry News

Durable Goods Orders & Shipments Fall

New figures released Thursday show durable goods manufacturing and shipments fell during August

Tags: Economy

September 25, 2001 - Industry News

Consumer Confidence Drops

Consumer confidence in the American economy has taken a nosedive

Tags: Economy

September 24, 2001 - Industry News

LEI Shows Economic Uncertainty, Congress Poised To Beef Things Up

The latest economic news still paints an uncertain picture of the nation’s economy, but Congress is getting ready to move ahead with a plan to pump things up

Tags: Economy

September 20, 2001 - Industry News

Housing Starts Plunge, Trucking To Feel Effects

Trucking companies that rely on moving construction materials will no doubt be disappointed in the latest numbers on new housing starts

Tags: Economy

September 19, 2001 - Industry News

Magazine Poll: Supply Deliveries Continue to be Disrupted

Increased security continues to disrupt shipments of key manufacturing materials and parts in the aftermath of the Sept. 11 terrorist attacks on the World Trade Center and the Pentago

Tags: Economy

September 17, 2001 - Industry News

Inventories Fall, Sales Up In July

U.S. businesses managed to cut their inventories for the sixth straight month in July, while sales posted another increase

Tags: Economy

September 17, 2001 - Industry News

Fed Unexpectedly Lowers Interest Rates

In an unexpected move Monday morning, the Federal Reserve cut key interest rates just before U.S. financial markets reopened for the first time following last week’s terrorist attacks on America

Tags: Economy

September 14, 2001 - Industry News

New Economic Numbers Mixed, Terrorist Situation Adds To Uncertainty

New economic reports released this morning, coupled with the uncertainty and nervousness following Tuesday’s terrorist attack, are providing a more cloudy picture than ever about the economy

Tags: Economy

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