Fleet Management

Economy

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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

March 13, 2014 - Industry News

Truckload Linehaul Rate Increasing, Intermodal Forecast Higher

Truckload linehaul rates continue to rise, according to the Cass Truckload Linehaul Index. With demand increasing and capacity decreasing, along with the last two quarters showing an unusually high number of carriers exiting the business, capacity is tight,

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

March 13, 2014 - Industry News

Economic Watch: Retail Sales Improve Following Two Monthly Drops

The 0.3% increase follows a downwardly revised 0.6% decline in January while the December drop was revised down to 0.3%.

Tags: Economy, Retail Sales, Freight

March 7, 2014 - Industry News

Economic Watch: 175,000 Jobs Added in February, None for Trucking

Employers added 175,000 jobs in February, better than the previous two months, according to new U.S. Labor Department figures.

Tags: Economy, Unemployment, Employment

March 6, 2014 - Industry News

Economic Watch: Factory Shipments, Orders Fall

New orders fell 0.7% from the month before, following a December drop of 2%, larger than first reported. Excluding transportation, new orders in January increased 0.2%.

Tags: Productivity, Economy, Factory Orders, Factory Shipments

March 5, 2014 - Industry News

Economic Watch: Job Creation, Non-Manufacturing Employment Lose Steam

UPDATED -- Private sector employment increased by 139,000 jobs from January to February, according to the National Employment Report released Wednesday by the payroll management services provider ADP.

Tags: Economy, Non-Manufacturing, Employment, Federal Reserve

March 3, 2014 - Industry News

Economic Watch: Consumer Spending and Other Indicators Rise

UPDATED -- Consumers opened their wallets a little more in January than they did in December, according to new figures from the U.S. Commerce Department.

Tags: Economy, Consumer Spending, Auto Sales, Manufacturing, Construction Spending

February 28, 2014 - Industry News

Economic Watch: Fourth Quarter Growth Revised Downward

The estimated level of U.S. economic growth in the fourth quarter of last year was revised sharply downward by the Commerce Department on Friday.

Tags: Economy, GDP, Consumer Spending

February 27, 2014 - Industry News

Trucking Increases Share of Total NAFTA Trade in December

Percent change in value of U.S.-NAFTA freight flows by mode, December 2013 compared to December 2012. Credit: U.S. DOT

Trucking increased its dominance over other transportation modes in December when it comes to hauling freight between the U.S. and its North American Free Trade Agreement partners, Canada and Mexico.

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

February 27, 2014 - Industry News

Economic Watch: Durable Goods Shipments and Orders Fall

Shipments fell 0.4% in January from the month before, it’s third straight decline, after dropping 1.8% in December. Shipments of machinery led the decline, falling 2.6%.

Tags: Economy, Durable Goods, Manufacturing

February 26, 2014 - Industry News

Economic Watch: New Home Sales Best Since July 2008

Following several recent less than encouraging recent economic reports one was issued Wednesday showing things are high stepping in at least one segment.

Tags: Economy, Home Sales

February 25, 2014 - Industry News

Economic Watch: Consumer Confidence Slips

A measure of how consumers feel about the economy fell this month after increasing in January, according to the data from the private research group The Conference Board.

Tags: Economy, Consumer Confidence, Winter

February 23, 2014 - Industry News

Economic Watch: U.S. Construction Starts Decline in January

The value of new construction starts fell 13% in January to a seasonally adjusted annual rate of $485 billion, according to new figures released by industry data provider McGraw Hill Constructio

Tags: Economy, Construction Industry

February 21, 2014 - Industry News

Economic Watch: January Existing Home Sales Drop

Existing-home sales fell in January to the lowest level in a year-and-a-half, but ongoing inventory shortages continue to lift prices in much of the U.S., according to a report released on Friday by the National Association of Realtors.

Tags: Economy, Home Sales

February 20, 2014 - Industry News

Economic Watch: Manufacturing and Leading Index Up, Consumer Prices Tame

UPDATED -- U.S. manufacturing has hit is highest level in nearly four years, according to a report released Thursday

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

February 19, 2014 - Industry News

Cold Weather Freezes Out January Truck Tonnage

Credit: ATA

Like many other parts of the American economy, trucking felt negative effects in January due to extremely cold weather, snow and ice, according to just released figures.

Tags: Economy, ATA, Freight, Truck Tonnage

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