Economy

801  -  820  of  1270

June 27, 2008

ATA Truck Tonnage Index Rose 0.5 Percent in May

The American Trucking Associations' seasonally adjusted For-Hire Truck Tonnage Index increased on a month-to-month basis for the first time since January of this year, edging 0.5 percent higher in May

June 12, 2008

DOT's Freight Transportation Index Unchanged in April

The Freight Transportation Services Index was unchanged in April from its March level following the largest monthly decline since August 2006, the U.S. Department of Transportation's Bureau of Transportation Statistics reports

June 11, 2008

Allison Automatics Claim Optimum Fuel Economy

Allison Transmission, Inc. has announced that recent test results show fully automatic Allison transmissions, along with a vehicle spec that is appropriate for the particular duty cycle, can provide superior fuel efficiency and optimum fuel economy.

May 29, 2008

NAFTA Surface Trade Up Slightly From Last Year

Trade using surface transportation between the United States and its North American Free Trade Agreement partners, Canada and Mexico, was 1.5 percent higher in March 2008 than in March 2007, reaching $70.8 billion,

May 28, 2008

Oliver Rubber Company Announces Price Increase

Oliver Rubber Company, Greenville, S.C. will increase prices for its retread rubber products by 5 percent effective June 1

May 22, 2008

ATA Truck Tonnage index fell 1.1 percent in April; March Figures Revised Upward

The American Trucking Associations' advanced seasonally adjusted For-Hire Truck Tonnage Index declined 1.1 percent in April 2008. March's tonnage reading, meanwhile, fell 1.7 percent instead of the previously reported 3.2 percent drop

May 15, 2008

ArvinMeritor Announces Monthly Commodity Surcharge

ArvinMeritor reported that it plans to initiate a new commodity surcharge starting June 1 in an attempt to offset surging steel and energy prices

May 14, 2008

Transportation Mergers & Acquisitions Expected to Drop

Both deal volume and value in the transportation and logistics industry declined during the first quarter of 2008, according to the PricewaterhouseCoopers, and global deal activity is not on track to match the levels seen in 2007

May 14, 2008

BTS Freight Index Falls in March

The Freight Transportation Services Index fell 1.9 percent in March from its February level, the largest monthly decline since August 2006, the U.S. Department of Transportation's Bureau of Transportation Statistics (BTS) reported

May 8, 2008

Bridgestone Bandag Raises Prices

Bridgestone Bandag Tire Solutions announced price increases in the United States of up to 5 percen

May 8, 2008

Firestone Increases Air Spring Prices

Firestone Industrial Products Company has increased prices between 3 percent and 7 percent on air springs for the light duty and heavy duty markets.

May 4, 2008

Surface Trade with Canada and Mexico Rises 16.3 Percent

Trade using surface transportation between the United States and its North American Free Trade Agreement (NAFTA) partners, Canada and Mexico, was 16.3 percent higher in February 2008 than in February 2007

April 30, 2008

ATA Testifies Before Congress

An American Trucking Associations representative recently testified before Congress that releasing oil from the Strategic Petroleum Reserves would help stabilize petroleum markets, reduce global demand for crude oil and ultimately lower fuel prices

April 29, 2008

Consumer Confidence Hits 5-Year Low

A key measure of consumer confidence fell again in April, to a five-year low, leading the director of the Conference Board Consumer Research Center to note that "the glass remains half empty.

April 28, 2008

Housing Market Still on Decline

The slump in the housing market, which has created problems not only for trucking companies hauling construction materials but for those in many other areas as well, is not yet showing signs of recovery

April 24, 2008

Truck Tonnage Falls - Largest Drop Since August 2006

The American Trucking Associations' advanced seasonally adjusted For-Hire Truck Tonnage Index fell 3.3 percent in March 2008, after remaining unchanged in February -- the largest month-to-month contraction since August 2006

April 18, 2008

Webb Responds to Increased Costs

Webb Wheel Products announced that it will take immediate actions to mitigate the risks associated with skyrocketing global metals prices.

April 9, 2008

Analyst: Bad News, Good News for Trucker Profitability, Class 8 Demand

Fuel prices continue to put pressure on the economy and on trucking companies, but exports of heavy trucks are helping to remove excess capacity, said Kenny Vieth, partner, A.C.T. Research Inc., Tuesday in a Bear Stearns conference call

April 9, 2008

Fed's Freight Index Unchanged in February

The federal government's Freight Transportation Services Index (TSI) was unchanged in February from January, following a 2.4 percent monthly increase in January

April 6, 2008

Fewer Small Transportation Companies to Expand

Fewer small transportation companies are considering expansion, instead planning to focus on meeting customer needs and improving employee productivity, according to the results of the latest Small Business Research Board poll

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