Economy

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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

November 15, 2012

Spot Freight Market Down Year Over Year in October

Spot freight was up only slightly in October from the previous month and fell year-over-year, according to the DAT North American Freight Index

November 12, 2012

Economy, Trucking to Get Boost from Sandy

The economic recovery is progressing at a normal pace, and rebuilding from "superstorm" Sandy will be a boon for some sectors of the economy, including flatbed truckers, according to trucking economist Noel Perry

November 5, 2012

Fleet Survey Indicates Increase in Planned Order Activity

Fleets surveyed by CK Commercial Vehicle Research were increasing their planned order activity for power units in the coming three months, while planned trailer orders slowed. Freight demand, while slipping somewhat, is still solid at most fleets, according to the Q4 Fleet Sentiment Report, but it's still solid at most fleets

November 5, 2012

August Surface Trade with Canada and Mexico Rose 2.6%

Trade using surface transportation between the United States and its North American Free Trade Agreement partners, Canada and Mexico, was 2.6% higher in August 2012 than in August 2011.

November 4, 2012

Class 8 Orders Look Stronger for October

Preliminary data shows October Class 8 truck orders around 23,000 units - the highest since January. FTR Associates, Nashville, Ind., puts the number at at 22,760, 50% higher than the previous month and much improved over third quarter averages, while ACT Research, Columbus, Inc., projects orders will approach 23,200 units for Class 8 trucks and 18,500 for medium duty Class 5-7 vehicles

November 1, 2012

Losses to Trucking from Sandy Will Be Recouped in Future

Hurricane Sandy hit a region that's both densely populated and important economically. According to IHS Global Insight, the initial estimate of economic losses are in the $30-$50 billion range. However, some trucking companies may see a boost in both the near term and longer term

October 28, 2012

Used Truck Market Suffers Weak Performance in September

September's weak performance all but wiped out the gains that had been made in the used truck market the prior three months

October 24, 2012

Trailer Orders Gain Strength in September

Net orders for trailers jumped 11% month-over-month in September, rising to 16,990 units. That is a seasonally adjusted annual rate of 224,800 units

October 23, 2012

ATA Truck Tonnage Index Rose 0.4% in September

The American Trucking Associations' For-Hire Truck Tonnage Index increased 0.4% in September after falling 0.9% in August

October 13, 2012

DAT Freight Index Softened in September

The DAT North American Freight Index reports a softer spot market in September. The seasonal decline in overall freight volume was attributed to a reduction in flatbed and reefer freight availability. Both equipment types experienced a decline month-over-month. However, while flatbed volumes were down compared to the prior year by 13%, reefer freight volumes rose by 1.1% when compared with September 2011.

October 13, 2012

Freight Shipments Fell 0.6% in August from July

The amount of freight carried by the for-hire transportation industry fell 0.6% in August from July, declining after a one-month rise. This information is according to the U.S. Department of Transportation's Bureau of Transportation Statistics' Freight Transportation Services Index

October 9, 2012

Economic Panel Sees Mixed Forecast for Trucking, Economy

LAS VEGAS - A panel discussion on the economy indicated that the economy and trucking will continue to see slow but steady growth of around 2% GDP through 2013, barring something like a total financial crisis in the Eurozone or the unlikely aspect of Congress driving the country over the "financial cliff" looming at the end of the year

October 9, 2012

Diesel Prices Up Slightly

The slow downward trend of diesel and gasoline prices seems to have halted this week

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