Economy

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June 19, 2012

Tonnage Down 0.7% Month Over Month, Up 4.1% Year Over Year

The American Trucking Associations' advanced seasonally adjusted For-Hire Truck Tonnage Index dropped 0.7% in May after falling 1.1% in April.

June 18, 2012

Truckable Economic Activity Up in 1Q 2012

Truckable Economic Activity, a trucking-specific economic indicator developed by MacKay & Company, posted another advance in the first quarter of 2012, paced by gains in four of its five components.

June 14, 2012

Used Prices on Class 8 Sleeper Tractors Continue to Rise

Retail prices for Class 8 sleeper tractors continued to rise from January through April, despite average mileage near record highs, says Chris Visser, senior analyst with the American Truck Dealers' Commercial Truck Guide, a division of the National Automobile Dealers Association

June 14, 2012

U.S. Supply Chain and Logistics Industry Rebound Led by Trucking, Rail

Total U.S. business logistics costs in 2011 rose to $1.28 trillion, a 6.6% increase from the previous year and accounting for 8.5% of the U.S. gross domestic product, according to the Council of Supply Chain Management Professionals' 23rd Annual "State of Logistics Report," presented by Penske Logistics

June 13, 2012

Freight Shipments Up 0.2% from March to April

The amount of freight carried by the for-hire transportation industry rose 0.2% in April from March, rising after a one-month decline, according to the U.S. Department of Transportation's Bureau of Transportation Statistics' Freight Transportation Services Index

June 13, 2012

Truckload Driver Turnover Pushes Higher in First Quarter

After a one quarter reprieve, the annualized turnover rate for large truckload fleets rose slightly in the first quarter of 2012 while small truckload fleets saw a tremendous surge in turnover, according to American Trucking Associations' Chief Economist Bob Costello

June 12, 2012

ACT Lowers 2012 Class 8 Build Forecast

ACT Research lowered its Class 8 build expectations for the second half of the year due to continuing softness in demand. Expectations for medium-duty build were unchanged

June 8, 2012

Polk: First Quarter Used Commercial Vehicle Registrations Fall

Used Class 3-8 commercial vehicle registrations fell 26.7% from the same period last year, to 164,024 units, according to a recent Polk report

June 8, 2012

FTR's Trucking Conditions Index Moves Upward

FTR's Trucking Conditions Index for April moved significantly higher from the previous month, climbing 2.7 points to a favorable reading of 9.1

June 6, 2012

Economist Offers Mixed News at Vision Conference

The economy is growing, albeit not enough to put a major dent in unemployment, says one economist, who also believes international events may have more influence on the U.S. economy than President Obama

June 5, 2012

Truck Orders up Moderately in May

After four months of decline, North American Class 8 truck orders took a modest upturn in May. Order activity is not where many hoped it would be at this point in the recovery, but analysts say the industry is still relatively healthy

June 1, 2012

Trucking Adds 7,300 Jobs in May, National Job Growth Stalls

The trucking industry added 7,300 for-hire trucking jobs in May, an increase from 1.3 million jobs in April and a 3.4% increase from a year ago

May 30, 2012

March Surface Trade with Canada and Mexico Exceeds $85 Billion for First Time

Surface trade between the U.S. and its North American Free Trade Agreement partners, Canada and Mexico, was 6.2% higher in March 2012 than in March 2011, totaling $85.8 billion, according to the Bureau of Transportation Statistics of the U.S. Department of Transportation

May 29, 2012

New Vehicle Registrations Up 26% from 1Q 2011

New commercial vehicle registrations for Class 3-8 vehicles for the first quarter of 2012 were up 26.6% to 129,755 units from the 102,521 units registered during the first quarter of 2011

May 29, 2012

Canadian Government Legislates End to Canadian Pacific Strike

As the labor dispute at Canadian Pacific Railway enters its eighth day, Canadian federal labor minister, Lisa Raitt has tabled back-to-work legislation that could force striking workers back to their jobs as early as Thursday

May 29, 2012

Class 8 Used Truck Volumes Down, Pricing Up in April

April saw a turnaround in the trend of the prior two months in the used Class 8 truck market as volumes sank and pricing rose, according to State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research Co

May 24, 2012

Housing, Manufacturing Numbers Good News for Trucking

Two key economic indicators that affect trucking freight, housing starts and industrial production, exceeded expectations in April

May 22, 2012

ACT Research: Fleets Return to Trailer Orderboard in April

Fleets started ordering more trailers in April, following recent lackluster performance, although the gains were not universal across all trailer categories, according to ACT Research Co.'s State of the Industry: U.S. Trailers.

May 22, 2012

ATA Truck Tonnage Falls 1.1%

The American Trucking Associations' advanced seasonally adjusted For-Hire Truck Tonnage Index fell 1.1% in April after rising 0.6% in March

May 21, 2012

Class 8 Backlog Falls in April; Economic Activity Will Expand Moderately

Softer orders and a continuation of strong build caused the Class 8 backlog to fall nearly 8,000 units to 106,407 in April, according to ACT Research.

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