Economy

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June 27, 2005

ATA Truck Tonnage Index Shows Moderate Rise in May

The American Trucking Assns.' for-hire Truck Tonnage Index released on Monday rose 0.7% for May as tonnage volumes increased slightly. The increase marked the first sequential rise in tonnage volumes since January

June 23, 2005

Crude Oil Tops $60 a Barrel, Stocks Tumble

Crude oil prices soared to a record $60 a barrel Thursday, and stocks tumbled after FedEx Corp. said high fuel prices will hurt profits

June 14, 2005

Diesel Rises Again; OPEC Says Prices Out of Their Control

The Organization of the Petroleum Exporting Countries (OPEC) said it is operating close to full capacity and has little power to lower refined oil product prices -- particularly diesel -- on open world markets

June 9, 2005

DaimlerChrysler: U.S. Truck Manufacturing Boom to Continue into 2007

According to the Reuters news agency, DaimlerChrysler expects a truck boom in the key U.S. market to continue until at least 2007

June 8, 2005

Bear Stearns Downgrades Truckload Stocks

MarketWatch reported yesterday that trucking stocks fell as broker Bear Stearns predicted slower growth, an increase in capacity and higher costs

June 6, 2005

Study: Trucks Now Consume More Than Half of Vehicle Fuel

For the first time, trucks account for more than half of all vehicle fuel consumed in the U.S., according to a new stud

June 1, 2005

ATA Truck Tonnage Declined Almost 1% in April

The American Trucking Associations said its advanced seasonally adjusted for-hire Truck Tonnage Index decreased 0.9 percent in Apri

May 25, 2005

Study Shows Industry Short 20,000 Drivers; Trends Point to More Severe Shortage

The American Trucking Assns. said Wednesday that the long-haul, heavy-duty truck transportation industry in the United States is experiencing a national shortage of 20,000 drivers

May 18, 2005

Even As Freight Volume Rises Drivers Remain Hard to Find

FTR Associates, Nashville, Ind., said Wednesday that driver availability continues to be a problem for many fleets

May 4, 2005

ATA Forecast Predicts Increasing Freight Share for Trucking, More Line Haul by Rail Intermodal

The American Trucking Assns. has released its U.S. Freight Transportation Forecast to 2016

April 27, 2005

Truck Tonnage Index Down in March

The Truck Tonnage Index decreased 3.3 percent in March, corresponding with the modest economic slowdown that has appeared in other economic dat

April 18, 2005

Domestic Intermodal Loadings and Truck Freight Show Signs of Weakness

According to FTR Associates, Nashville, Ind., a leader in transportation forecasting, indications show both domestic intermodal loadings and truck freight weakening in early 2005

April 4, 2005

ChevronTexaco Buys Unocal For Big Bucks

ChevronTexaco Corp., the nation's second biggest oil concern, is buying rival Unocal Corp., the ninth biggest U.S. oil and gas exploration and production company, for about $16.4 billio

April 4, 2005

ChevronTexaco Buys Unocal For Big Bucks

ChevronTexaco Corp., the nation's second biggest oil concern, is buying rival Unocal Corp., the ninth biggest U.S. oil and gas exploration and production company, for about $16.4 billio

April 4, 2005

Analyst Calls Crude Oil Market “Unstable”

An analyst with a prominent international energy consulting firm has called the current crude oil market "unstable.

March 30, 2005

Driver Turnover Rate Climbs

In a report to its members, the American Trucking Assns. reported earlier this week that the rate of driver turnover for the 4th quarter of 2004 reached a new high of 136% for large truckload carrier

March 28, 2005

ATA’s Costello: Truck Tonnage Down, But Take a Closer Look

According to the latest figures from the American Trucking Associations, the seasonally adjusted for-hire Truck Tonnage Index fell 2.2 percent to 115.

March 21, 2005

Fuel Price Passes Record High, Keeps Rising

Okay truckers, we'll tell you what you already know: the average U.S. price for diesel fuel at the pump, which crossed into record territory earlier this month, continued to climb hitting $2.244 per gallon Monday

March 13, 2005

Truckers Demonstrate Against High Fuel Prices in Oregon's Capital

The Albany, Ore.,Democrat-Herald in a bylined article reported that more than 200 people, most in big trucks came to a Saturday rally in Salem, Ore., the state's capita

March 10, 2005

Driver Shortfall Continues, But May Ease By Year’s End

FTR Associates, Nashville, Ind., said in press release Thursday that strong demands for competing labor continue to put pressure on the Driver Labor Index

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