Economy

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January 17, 2013

Engineers Warn About the Economic Impact of Not Investing in Infrastructure

A lack of funding in infrastructure will mean more to the people of the United States than a few more potholes in the road. According to the American Society of Civil Engineer's Failure to Act report, "The Impact of Current Infrastructure Investment on America's Economic Future," the U.S. government and its people will be feeling the lack of infrastructure funding in their wallets

January 15, 2013

Top 10 Equipment Acquisition Trends for 2013

The Equipment Leasing and Finance Association, which represents the $725 billion equipment finance sector, revealed its Top 10 Equipment Acquisition Trends for 2013. Given that every year U.S. businesses, nonprofits and government agencies spend in excess of $1.2 trillion in capital goods or fixed business investment (including software), financing more than half of those assets, these trends impact a significant portion of the U.S. economy

January 9, 2013

Trucking Conditions Index Continues to Rise into Strong Positive Territory

FTR's Trucking Conditions Index for November rose almost two full points to a reading of 9.7. The gain was expected by FTR as conditions impacting trucking will continue to improve in anticipation of a tightened market in 2013

January 4, 2013

October 2012 Surface Transportation Trade with Canada and Mexico Totaled $85.3 Billion

Trade using surface transportation between the United States and its North American Free Trade Agreement partners, Canada and Mexico, rose 7.9% in October 2012 compared to October 2011. Trade totaled $85.3 billion, unadjusted for inflation, according to the Bureau of Transportation Statistics of the U.S. Department of Transportation. Adjusted for inflation and exchange rates, the October 2012 total was $61.7 billion in 2004 dollars, up 7.6% from October 2011

December 27, 2012

Yokohama's Rick Phillips Talks Commercial Tire Trends

When it comes to commercial tire sales, 2012 could not have been any more contrasting from 2011, says Rick Phillips, Yokohama Tire's director of commercial sales. Phillips, a 35-year tire industry veteran, discusses what the challenges were within the commercial tire industry in 2012 and how they will affect truck owners in 2013

December 20, 2012

ACT: New and Used Truck Sales, Trailer Orders Slide

MD & HD Orders Better Than Average, but below October November Class 5 through Class 8 truck orders in North America were better than 2012's average, but fell below Octobers promising level of activity, according to ACT Research Co

December 19, 2012

Shippers Conditions Index Improves, But Only Temporarily

FTR Associates' Shippers Conditions Index for October improved month-over-month by nearly two points to a reading of -5.0, but FTR analysts predict the pendulum will soon swing back toward the carriers' side of the equation

December 18, 2012

Truck Tonnage Index Rebounds in November

The American Trucking Associations' advanced seasonally adjusted For-Hire Truck Tonnage Index jumped 3.7% in November. The first gain since July, it erased October's 3.7% drop

December 12, 2012

DOT Index Shows October Freight Shipments Dropped

The amount of freight carried by the for-hire transportation industry fell 1.9% in October from September, declining after a one-month increase

December 12, 2012

Trucking Conditions Index Begins Expected Climb

FTR Associates' Trucking Conditions Index started to rise significantly in September as expected. It recorded a 65% increase over the August index numbers to a level of 9.6, before giving back some of that gain in October, easing to a reading of 7.9

December 11, 2012

Sandy Helps Drive Van, Reefer Spot Freight up in November

Spot freight rose 3.6% in the U.S. and Canada November over October, according to the DAT North American Freight Index -- the first time November freight volumes outpaced October levels since the DAT Freight Index was established in 1996

December 5, 2012

November Truck Orders Slow

November truck orders dropped from October's unexpectedly high level, and are expected to be around 20,000 units for Class 8 when final numbers come in

November 28, 2012

Used Truck Market Back on Track in October

After a brief hiatus in September, the used truck market appears to moving in the right direction, as Class 8 unit sales improved 6% month-over-month

November 27, 2012

September Surface Trade with Canada and Mexico Nearly Same as Last Year's

Trade using surface transportation between the United States and its North American Free Trade Agreement partners, Canada and Mexico, was 0.1% lower in September 2012 than in September 2011.

November 26, 2012

'Carriers Have No Sense of Their Pricing Power.' A Q&A With Noel Perry

If, as many economists are predicting, we start to see decent economic growth in the second half of 2013, trucking will have an almost unprecedented advantage in the marketplace to adjust rates upward and turn operating ratios on their ear

November 25, 2012

Truck, Trailer Orders Rebound in October

Both medium-duty and heavy-duty truck orders rebounded in October in the North American commercial vehicle market, while new trailer orders rose by nearly a third from September, reports ACT Research Co

November 20, 2012

Sandy Affects October Truck Tonnage Figures

Superstorm Sandy helped drive tonnage figures down in October, resulting in the lowest level for the American Trucking Associations' seasonally adjusted For-Hire Truck Tonnage Index since May 2011

November 19, 2012

Shippers Conditions Index for September Same as August

FTR Associates' Shippers Conditions Index for September basically remained unchanged from August with a reading of 6.9, indicating stable but slightly tight truck capacity

November 16, 2012

Transportation CFOs Most Concerned With Volatile Fuel Prices

The chief financial officers of middle-market companies surveyed by GE Capital are more positive about the current state of their industry and the economy than they were six months earlier, but many are concerned about fuel price volatility and changes in the hours of service rules

November 15, 2012

Freight Shipments Rose 0.2% in September from August

The amount of freight carried by the for-hire transportation industry rose 0.2% in September from August, rising after a one-month decline

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