Economy

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July 31, 2012

Used Truck Industry Sends Mixed Signals

June used truck sales grew 8% over May, but lagged June 2011 and the first six months of 2011, while pricing appears to be slowing a little more rapidly than was previously expected

July 26, 2012

Durable Goods Orders, Shipments Up, but Plane Orders Skew Numbers

Durable goods orders rose more than expected last month, by 1.6%, but it was largely due to a surge in aircraft orders. These long-lasting manufactured products, such as washers and dryers, toasters and aircraft, make up a major source of trucking freight

July 26, 2012

ATD: Mixed New-Truck Climate Not Affecting Used-Truck Pricing

Used-truck pricing stayed high in June, even as new-truck orders fell, according to Chris Visser, senior analyst for American Truck Dealers Official Commercial Truck Guide

July 26, 2012

ATA Truck Tonnage Jumped 1.2% in June

The American Trucking Associations' June tonnage index had its largest month-to-month gain so far this year, thanks to a larger-than-estimated loss the previous month. Tonnage is still up year over year

July 20, 2012

Class 8 Orders Weak in June; Classes 5-7 Consistent

In the Class 8 market, weak orders persisted through June, while activity in the Classes 5-7 markets remained generally unchanged, according to the State of the Industry report released by ACT Research Co. The report covers Class 5 through 8 vehicles for the North American market

July 18, 2012

Housing Starts Offer Glimmer Of Hope

The nation's beleaguered housing industry, whose health affects some trucking operations greatly, got some of its best news in quite a while Wednesday , but also shows the industry has a long way to go before seeing a full recovery

July 13, 2012

June Spot Freight Volume Increases Year-over-Year, Dips Slightly from May

June spot freight numbers dropped from May, according to TransCore, despite setting a same-month record

July 12, 2012

Freight Volumes Fall Flat as Economy Stalls

North American freight volumes continues to follow the path of general malaise that the economy is experiencing, according to the Cass Freight Index, which measures overall North American freight volumes and expenditures

July 11, 2012

Freight Shipment Index Unchanged in May from April

The amount of freight carried by the for-hire transportation industry was unchanged in May from April, after a one-month rise, according to the Freight Transportation Services Index from the DOT's Bureau of Transportation Statistics

July 11, 2012

TCP: Carriers Expect Small Increases in Driver Wages

Carriers anticipate driver wages to increase in the next 12 months, but only incrementally, according to results from Transport Capital Partners' Second Quarter 2012 Business Expectations Survey.

July 10, 2012

Fleets Manage Costs as Freight Hauling Demand Grows

Transportation company chief financial officers across the U.S. are seeing more business opportunities despite rising costs and regulatory challenges, according to a recent survey by GE Capital.

July 9, 2012

ATA Forecast: Trucking Will See Gains Through 2023

After a significant dip during the recession and a mild economic recovery, the U.S. freight economy, particularly for trucking, is projected to grow significantly in the years ahead, according to American Trucking Associations' U.S. Freight Transportation Forecast to 2023

July 9, 2012

FTR's Trucking Conditions Index Falls Significantly in May

FTR's Trucking Conditions Index for May fell markedly from the previous month to a reading of 5.1, down nearly four points, as reported in the July 2012 Trucking Update. April's strong performance was not sustained, and the TCI has dropped to the lowest level in six months

July 6, 2012

Trucking Adds 2,000 Jobs in June

Trucking added 2,000 for-hire jobs in June after adding 7,300 jobs in May. June numbers are up 3.1% from one year ago, according to data from the U.S. Bureau of Labor Statistics.

July 5, 2012

Class 8 Preliminary Net Orders Remain Soft; Classes 5-7 Fall Below Trend

North American Class 8 commercial vehicle preliminary net orders for June remained soft, according to two major industry research firms.< net="" orders="" for="" classes="" 5-7="" also="" fell="" below="" trend,="" but="" the="" decline="" was="" expected,="" as="" medium-duty="" activity="" typically="" tapers="" off="" during="" the="" summer="">

July 3, 2012

May Used Class 8 Truck Sales Slide, Dealer Inventories Shrink

May showed a continued decline in the availability of low-mileage used heavy-duty trucks, according to analysts with Great American Group LLC. According to the American Truck Dealers and Used Truck associations, the average mileage for May was 560,000 miles, which is a historic high compared to a year ago, when the average mileage was 514,000 miles

June 27, 2012

Carriers Reluctant to Add Capacity as Shippers Seek Longer Term Options

Carriers are still reluctant to add capacity, according to results from Transport Capital Partners' Second Quarter 2012 Business Expectations Survey. Seventy-one percent of carriers expect to add little or no capacity, a slight increase from last quarter's 65%

June 26, 2012

Class 8 Used Truck Prices Should Continue to Appreciate in 2012

The average retail selling price for a used Class 8 truck dropped to $48,643 in May, down 6% month over month but 3% above the average price in May 2011. On a year-to-date basis, prices remained 13% above last year's pace, according to ACT Research Co

June 26, 2012

April Surface Trade with Canada, Mexico Up 8.2% Year over Year

Trade using surface transportation between the U.S. and its North American Free Trade Agreement partners, Canada and Mexico, was 8.2% higher in April 2012 than in April 2011, totaling $79.8 billion, according to the Bureau of Transportation Statistics of the U.S. Department of Transportation.

June 25, 2012

Trailer Orders Fall in May

Trailer industry orders softened in May, reports ACT Research Co. Given that orders in May have fallen below April volumes in 10 of the past 12 years, the decline was anticipated

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