Fleet Management

Economy

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September 24, 2013 - Industry News

Economic Watch: Trucking Freight Boom Forecast

Photo: Evan Lockridge

There could be a lot more freight for trucking to move in the future from the nation’s manufacturing sector.

Tags: Economy, Freight, Manufacturing

September 24, 2013 - Industry News

Economic Watch: Consumer Confidence Inches Back

Americans aren’t feeling quite as good about the state of the economy this month as they were in August, but they are still optimistic.

Tags: Economy, Consumer Confidence

September 17, 2013 - Industry News

Economic Watch: Inflation Not a Threat to Growth

A new report shows inflation does not pose any threat to the slowly improving United State’s economy.

Tags: Economy, Consumer Prices

September 16, 2013 - Industry News

Economic Watch: Industrial Production Rises in August

Industrial production in the United States has posted its biggest increase in six months, according to the U.S. Federal Reserve.

Tags: Economy, Industrial Production

September 13, 2013 - Industry News

Economic Watch: Retail Sales Sluggish in August, Consumer Confidence Falls

UPDATED--Retail sales increased less than expected during August compared to the month before, but are up significantly compared to a year ago, driven primarily by auto sales.

Tags: Economy, Retail Sales, Consumer Confidence

September 12, 2013 - Industry News

FTR Gears up for Annual Conference

FTR Associates' 2013 Transportation Conference, "Insights for Uncertain Times," will be held Sept. 24-26 at the Historic Union Station in Indianapolis. More than 40 industry speakers and panelists will provide insight on the economy and all modes of freight transportation.

Tags: Economy, FTR Associates

September 6, 2013 - Industry News

Economic Watch: Overall Unemployment Slips, Trucking No Gains

While unemployment in the U.S. fell in August, the trucking industry added no jobs, and the number of jobs added the month before was revised sharply lower, according to the U.S. Labor Department.

Tags: Economy, Unemployment

September 5, 2013 - Industry News

Stifel: Soft Economy Makes Rate Hikes Tough, Despite Driver Shortage

Although a "cavalcade of regulations" is expected to make it harder than ever to find drivers, an economy that continues to grow at a sub-potential rate means fleets don't have a lot of leverage when it comes to raising rates, according to John Larkin and fellow transportation analysts at the Stifel Nicolaus investment firm.

Tags: Drivers, Economy, Manufacturing, Consumer Spending, Stifel Nicolaus

September 5, 2013 - Industry News

Economic Watch: Factory Shipments Increase While New Orders Decline

Photo: Evan Lockridge

Shipment of factory orders in July increased while new orders fell, according to a new Commerce Department report. Overall shipments saw their second hike in the past three months, but durable goods shipments fell slightly.

Tags: Economy, Durable Goods, Manufacturing, Factory Orders

September 5, 2013 - Industry News

Trucking Revenues Increase in First Half of 2013

Photo: Evan Lockridge

A new government report shows revenue in the trucking business increased 1.5% in the first six months of the year in the United States compared to the same time in 2012.

Tags: Economy, Fleets

September 4, 2013 - Industry News

Economic Watch: August U.S. Auto Sales Best in Nearly Six Years

Sales of cars, light trucks and SUVs in the United States remain high amid signs the public has no intent of cutting back on purchases, good news for fleets that haul everything from raw materials to components to delivering new cars to dealers.

Tags: Economy

August 27, 2013 - Industry News

Economic Watch: Increasing Traffic Congestion Points to Improving Economy

If increased traffic along the nation’s highways is a accurate indicator of increased commerce and an improving economy, then things are better overall than they were the same time a year ago according to one firm, Inrix, which monitors traffic congestion.

Tags: Economy, Traffic Congestion, Freight, Inrix

August 20, 2013 - Industry News

Economic Watch: Freight Tonnage Index Strong Despite Drop

July truck tonnage falls from June, but is up from the same time a year ago. Credit: ATA

The amount of freight moved last month fell for the first time since April, according to newly released figures.

Tags: Economy, ATA, Freight, Truck Tonnage Index

August 15, 2013 - Industry News

Economic Watch: Industrial Production Flat, Inflation Tame, Housing Bright

A new report shows industrial production in the United States was at the same level in July as it was the month before. Meantime, a Labor Department report shows inflation is of little worry when it comes to the health of the economy.

Tags: Economy, Industrial Production, Consumer Prices

August 13, 2013 - Industry News

Economic Watch: Retail Sales Increase, More Than 5% Higher from a Year Ago

Retail sales in the United States posted their fourth straight monthly increase. The pace for July rose less than the previous month's increase, but sales are well ahead of the level from a year ago.

Tags: Economy, Retail Sales

July 26, 2013 - Industry News

Economic Watch: Latest Economic Numbers Hit Multi-Year Highs

While American’s are split on how President Obama is handling the economy, the latest numbers out show things are decidedly on the upswing, with increasing consumer confidence, rising home prices and steady job gains.

Tags: Economy, Consumer Confidence, Durable Goods

July 23, 2013 - Industry News

Freight Index Increases for Second Straight Month

The amount of freight moved in June moved barely higher after surging in May, but it still managed to hit a record high, according to the American Trucking Associations. But that partly reflects a heavier freight mix.

Tags: ATA, Freight, Economy

July 16, 2013 - Industry News

Economic Watch: Industrial Production, Consumer Prices and Homebuilder Confidence Rise

Industrial production in the United States has posted its largest increase in four months, according to the U.S. Federal Reserve. The overall performance matched a consensus estimate by economists surveyed by Bloomberg News, while the manufacturing number -- key to truck freight -- was better than expected.

Tags: Economy, Manufacturing, Consumer Prices, Home Sales, Industrial Production

July 15, 2013 - Industry News

Economic Watch: June Retail Sales Move Higher

Retail sales in the United States continue growing, according to new figures released by the U.S. Commerce Department, but not as much as many were hoping.

Tags: Economy, Retail Sales

July 10, 2013 - Industry News

Import Freight Traffic Expected to be Slow in Summer, Pick up in Fall

Summer typically marks the doldrums of the import freight season, and this one will likely be no exception, but things are expected to pick up big time in the fall, according to the new Port Trucker forecast from the National Retail Federation.

Tags: Economy, Freight, National Retail Federation, Imports

July 10, 2013 - Industry News

No Change in FTR's Trucking Conditions Index for May

FTR's Trucking Conditions Index for May at 12.4 is unchanged from the previous month, continuing to reflect a positive environment for trucking -- one that, combined with the new hours of service regulations restricting capacity, should result in some higher rates.

Tags: Economy, FTR Associates, Freight Rates, FTR Trucking Index

July 10, 2013 - Industry News

DOT Report Shows Freight Shipments Higher in May Than April

The amount of freight carried by the for-hire transportation industry rose 1.2% in May from April, rising after a one-month decline, according to the U.S. Department of Transportation Freight Transportation Services Index.

Tags: Economy, TSI, Housing Starts

July 2, 2013 - Industry News

Economic Watch: Factory Shipments and Orders Increase in May

Shipments and new orders for manufactured goods in the United States both headed higher in May, according to a new U.S. Commerce Department report, easing earlier fears this important sector to trucking and the economy might be in for tougher times.

Tags: Economy, Durable Goods, Manufacturing

July 1, 2013 - Industry News

Economic Watch: Construction Spending and Manufacturing Growing, Consumer Sentiment High

Overall construction spending in the United States during May rebounded sharply from the month before, thanks in part to an uptick in spending on public construction projects, while an other report shows manufacturing returned to expansion mode in June.

Tags: Economy, Construction, Housing, Manufacturing, Consumer Confidence

June 26, 2013 - Industry News

Economic Watch: More Traffic Congestion, Better Economy

If trucking is the lifeblood of the nation’s economy, then surprisingly, there is no reason for alarm if the arteries carrying those trucks seem a little clogged. Traffic information services provider Inrix reports traffic congestion rose nationally more than 9% in May, signaling the continued strengthening of the national economy.

Tags: Economy, Traffic Congestion, Inrix

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