Fleet Management

Economy

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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

February 19, 2014 - Industry News

Economic Watch: Housing Plummets, Producer Prices Edge Higher

Housing starts in the U.S. fell 16% last month while the number of permits issued for new construction declined for the third straight month, according to the U.S. Commerce Department.

Tags: Economy, Wholesale Prices, Housing Starts

February 17, 2014 - Industry News

Economic Watch: Retails Sales Forecast to Increase More in 2014

One of the biggest drivers of the U.S. economy as well as trucking freight is expected to outperform last year’s activity.

Tags: Economy, Retail Sales, Freight

February 16, 2014 - Industry News

Economic Watch: Industrial Production Drops, Consumers Optimism Unchanged

Industrial production in the U.S. decreased 0.3% in January after having risen 0.3% in December, according to numbers from the U.S. Federal Reserve released on Friday. This decline in the total output from the nation’s factories, mines and utilities is the largest drop since May 2009.

Tags: Economy, Industrial Production, Consumer Sentiment

February 13, 2014 - Industry News

Economic Watch: Retail Sales Drop on Cold Weather, Weak Income Growth

Retail sales in the U.S. have fallen for a second straight month according to new U.S. Commerce Department figures.

Tags: Economy, Retail Sales

February 12, 2014 - Industry News

For-Hire Freight Index Hits Second Highest Level on Record

Freight Transportation Services Index, December 2008- December 2013. Credit: U.S. DOT

The amount of freight carried by the for-hire transportation industry fell 1% in December from November, declining after a one-month rise, according to new U.S. Department of Transportation figures, but activity is still very healthy.

Tags: Economy, For-hire Truck Tonnage, Freight

February 7, 2014 - Industry News

Freight Volume and Expenditures Drop in Latest Cass Index

North American shipment volumes and freight expenditures both continued the decline that began in December after the economy abruptly reversed direction near the end of last year, according to the latest Cass Freight Index.

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

February 7, 2014 - Industry News

Economic Watch: Unemployment Falls, Retail Sales to Head Higher

UPDATED -- Unemployment in the U.S. continues moving lower, but job growth is also weakening, according to new U.S. Labor Department figures.

Tags: Economy, Unemployment, Retail Sales

February 5, 2014 - Industry News

Economic Watch: Private Jobs Grow in January, Non-Manufacturing Activity Up

Private sector employment increased by 175,000 jobs from December to January, according to new report released Wednesday from the payroll service provider ADP.

Tags: Economy, Non-Manufacturing, Employment

February 4, 2014 - Industry News

Economic Watch: Factory Orders and Shipments, Falling Deficit, New Fed Chair

Shipments and new orders for factor good both declined in December, according to new figures released by the U.S. Commerce Department.

Tags: Economy, Manufacturing, Factory Orders, Federal Reserve, Factory Shipments

February 3, 2014 - Industry News

Economic Watch: January Manufacturing Slows, 2013 Construction Explodes

Photo: Evan Lockridge

Economic activity in the manufacturing sector expanded in January for the eighth consecutive month, but retreated from levels seen in December, say the nation's supply executives.

Tags: Economy, Manufacturing, Construction Spending

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