Economy

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March 5, 2008

Factory Orders Drop

New orders for manufactured goods fell 2.5 percent in January, according to figures released Wednesday by the U.S. Census Bureau. It was the first time U.S. factory orders had fallen in five months,

March 3, 2008

NAFTA Trade Up December From Year Earlier

Trade using surface transportation between the United States and its North American Free Trade Agreement (NAFTA) partners Canada and Mexico was 3.1 percent higher in December 2007 than in December 2006, reaching $60.9 billion

February 26, 2008

Truck Tonnage Index Jumped 2.4 Percent in January

The American Trucking Associations' advanced seasonally adjusted For-Hire Truck Tonnage Index increased 2.4 percent in January 2008, after rising an amended 1.5 percent in December 2007

February 1, 2008

Additives For Fuel Economy

Perhaps this fuel crisis will propel skeptical users to take a look at fuel economy enhancers.

January 30, 2008

4th Quarter Gross Domestic Product Up Only 0.6%

Real gross domestic product - the output of goods and services produced by labor and property located in the United States - increased at an annual rate of 0.6 percent in the fourth quarter of 2007, according to advanc

January 23, 2008

New HDMA Chief Sees Prosperous Future for Trucking Industry

During his first address as chairman of the Heavy Duty Manufacturers Association (HDMA) board of directors, Joe McAleese, president and CEO of Bendix Commercial Vehicle Systems, encouraged members to be in a position to adapt

January 22, 2008

Economist: Stock Market Doesn't Necessarily Predict Recession

What the media is calling "market meltdowns around the globe" this week are signaling the "R" word to many. But during a presentation at Heavy Duty Aftermarket Week in Las Vegas Tuesday, one economist said not so fast

December 19, 2007

Survey: Slow Rebound of Equipment Purchases in 2008

As part of its fourth quarter Fleet Sentiment inquiry, CK Commercial Vehicle Research included questions about 2008 equipment buying plans. Fifty-nine for-hire, private and government fleet managers responded to the questionnaire.

December 13, 2007

Fitch: Weak Demand in '08 Pressures Freight Transportation

The past year proved challenging for the freight transportation industry in the United States, and 2008 will likely remain difficult, at least through the first half, according to Fitch Ratings. Fitch is a global rating agency providin

November 21, 2007

Online Holiday Shopping Holds Strong - Zogby Poll

More than three in four Internet users plan to do as much or more of their holiday shopping online this year as they did last year - even though many plan to cut back on overall spending

November 20, 2007

Conference Board: U.S. Households to Spend More on Christmas This Year Than Last

U.S. households are expected to spend an average of $471 on gifts during the holiday season, up from last year's estimate of $449, The Conference Board reported Tuesday. The Conference Board is the world's preeminent business

November 8, 2007

Economists Provide 2008 Forecasts at NTEA Summit

Commercial truck sales will experience a slow recovery after the first quarter of 2008, while heavy-duty sales are likely to grow faster next year than medium-duty trucks, according to Stephen Latin-Kasper

October 4, 2007

ATA Economist Predicts "Subdued" Fall Freight Season

October has traditionally been the peak of the fall freight season, but don't expect to see a big bump in freight this month, says ATA Chief Economist Bob Costello - or much economic improvement until the second half of 2008

September 27, 2007

Q2 Economy Grew 3.8 Percent

Real gross domestic product increased at an annual rate of 3.8 percent in the second quarter of 2007, according to final estimates released Thursday by the Bureau of Economic Analysis. In the first quarter

August 28, 2007

ATA Truck Tonnage Index Up 0.3% in July

The American Trucking Associations' advanced seasonally adjusted For-Hire Truck Tonnage Index rose 0.3 percent in July, marking the first month-to-month increase since March of this year. The not-seasonally adjusted index decrease

August 7, 2007

Fed Won't Lower Interest Rates

The Federal Reserve Board's Open Market Committee decided Tuesday to keep its target for the federal funds rate at 5-1/4 percent, citing lingering inflation concerns

July 27, 2007

ATA Truck Tonnage Index Falls Another 0.1% in June

The American Trucking Associations' advanced seasonally adjusted For-Hire Truck Tonnage Index decreased 0.1 percent in June, marking the third consecutive month-to-month drop. Tonnage fell 1.3 percent in May and has dropped 3.5 percent since March.

July 26, 2007

Orders for Manufactured Durable Goods Up 1.4% in June

New orders for manufactured durable goods increased 1.4 percent in June, led by new orders for non-defense aircraft and parts, according to the U.S. Department of Commerce. New orders fell 2.3 percen

July 5, 2007

Manufacturing Activity Still Growing in June

Economic activity in the manufacturing sector expanded in June for the fifth consecutive month, according to the latest Report on Business issued by the Institute for Supply Management. "Following a weak first quarter

June 27, 2007

ATA Truck Tonnage Index Falls 1.3% in May

The American Trucking Associations' advanced seasonally adjusted For-Hire Truck Tonnage Index decreased 1.3 percent in May, marking the second consecutive month-to-month drop. In April, tonnage fell 2.2 percent

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