Fleet Management

Economy

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November 30, 2001 - Industry News

GDP Posts Bigger Drop Than First Thought

The latest word on the economy is that it’s shrinking faster than originally thought

Tags: Economy

November 29, 2001 - Industry News

Study Details Leasing Trends

Consolidation in the truck leasing industry has opened the door for new firms to enter, as the truck finance/lease market accounts for 9 percent of the Class 2 through Class 8 registrations

Tags: Economy

November 29, 2001 - Industry News

Durable Goods Orders & Shipments Increase

Orders for durable goods skyrocketed in October, while shipments showed a nice increase as well

Tags: Economy

November 27, 2001 - Industry News

Consumer Confidence Falling

Consumers don’t feel too good about the American economy, despite predictions by some economists that things will soon turn around

Tags: Economy

November 27, 2001 - Industry News

Why Is My Insurance Going Up?

It may be a year or more before we know the full economic cost of the Sept. 11 terrorist attacks, but one thing is almost certain: your insurance premiums will go up. Insurance brokers and agents are

Tags: Economy

November 24, 2001 - Industry News

Economic News Is Improved

There’s some better news about the American economy and for trucking the effects will be positive

Tags: Economy

November 19, 2001 - Industry News

Specialty Truck Markets Struggle to Sustain Growth

The current U.S. economic slowdown will restrain demand for some medium- and heavy-duty specialty trucks, but trucks that serve the basic needs of municipalities will help prevent significant loss of market share

Tags: Economy

November 19, 2001 - Industry News

Housing Starts Fall In October

Housing continues to prop up the rest of the economy

Tags: Economy

November 16, 2001 - Industry News

Industrial Production Continues Drop

Industrial production in the United States continues to decline

Tags: Economy

November 14, 2001 - Industry News

Retail Sales Skyrocket

Retail sales were much better than expected in October

Tags: Economy

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

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