Economy

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July 7, 2009

Commercial Vehicle Rebound Predicted to Begin in 2010

The market for commercial vehicles is expected to pick back up in 2010 as the economy trends up, according to the latest report from Polk & Co. In the July issue of "Polk View," "The Future of the U.S. Commercial Vehicle Market," the automotive market intelligence company predicts sales will rebound after the housing market bottoms out

July 6, 2009

Carriers See Modest Economic Improvement

Truckload carriers had a somewhat rosy outlook on the state of the economy and expect things to improve in the coming month

June 29, 2009

Heavy-Duty Orders Recovering Slowly

Sales for heavy-duty commercial vehicles are seeing a slow recovery as expecte

June 26, 2009

Truck Tonnage Index on the Rise

The American Trucking Associations' advance seasonally adjusted For-Hire Truck Tonnage Index jumped 3.2 percent in May, the first increase since February

June 16, 2009

UPS Chief: Global Trade Key to Emerging from Recession

Global trade is key to getting out of the current recession, according to the chairman and CEO of UPS, Scott Davis

June 10, 2009

Truckers Have Rosy Economic Outlook

Truckers expressed a hopeful outlook on the future of the economy in a recent survey.

May 31, 2009

FTR Economist Sees Bottom of Freight Recession

The longest freight recession since WWII looks like it's hitting bottom, according to a noted trucking economist. And that's good, because you have to hit bottom before you can start going back up

May 26, 2009

Truck Tonnage Index Falls Again, to Lowest Since 2001

The American Trucking Associations' advance seasonally adjusted For-Hire Truck Tonnage Index fell 2.2 percent in April, after plunging 4.5 percent in March

May 17, 2009

Freight Index Fell 3.3 Percent in March from February

The federal Freight Transportation Services Index fell 3.3 percent in March from its February level, falling to its lowest level in more than six years, the U.S. Department of Transportation's Bureau of Transportation Statistics reported

May 13, 2009

Small Parts Suppliers In Serious Danger, Congress Hears

The credit crisis and its devestating effects on the nation's vehicle builders has also injured thousands of small parts suppliers, and many could fail, one of their executives told Congress yesterday

May 4, 2009

CKCVR Q2 09 Fleet Equipment Buying Index Improves from Previous Quarter

CK Commercial Vehicle Research's Fleet Equipment Buying Index for Q2 2009 improved to 93.3 from 75.8 in the first quarter

April 30, 2009

February 2009 Surface Trade with Canada and Mexico Fell 30.9 Percent from February 2008

Surface Trade between the United States and its North American Free Trade Agreement partners Canada and Mexico was 30.9 percent lower in February 2009 than in February 2008, dropping to $47.9 billion, the biggest year-to-year percentage decline on record

April 27, 2009

ATA Tonnage Index Plunges 4.5 Percent

Gains in the American Trucking Associations' truck tonnage index from the first two months of the year were erased in March

April 23, 2009

Still Waiting for Good News

Some are seeing indications of economic recovery, but trucking, a traditional early indicator of the economy's direction, is still waiting for good news

April 23, 2009

Record-Low Household Moving Rate Hits Household Goods Industry Hard

New Census Bureau figures showing Americans moved last year at the lowest rate in 40 years. That's consistent with industry data compiled by the American Moving & Storage Association, which also finds the trend continuing into 2009

April 5, 2009

March Economic Numbers: Unemployment Up, Factor Orders Rise

Another 663,000 jobs were lost in March and unemployment rose, while for-hire trucking payrolls fell nearly 15,000. However, there were some glimmers of hope in some numbers last week that are used to measure the manufacturing sector

April 4, 2009

Class 8, Medium-Duty Trucks Hit Hard by Economic Weakness

Highway tractors continue to depreciate at a heavy rate, according to a report by the American Truck Dealers Official Commercial Truck Guide

March 25, 2009

ATA Truck Tonnage index rose 1.7 Percent in February

The American Trucking Associations' advanced seasonally adjusted For-Hire Truck Tonnage Index edged 1.7 percent higher in February 2009, marking the second consecutive month-to-month increase

March 24, 2009

Department of Energy Says Wide Single Truck Tires Cut Fuel Costs by 6 to 10 Percent

A 383-page report made available last week by the Department of Energy's Oak Ridge National Laboratory confirms that wide single tires are more fuel efficient than duals on heavy trucks

March 19, 2009

Zempel at Pegasus Transtech Event Sounds Upbeat Note on Economy

The U.S. is not in a depression, said Clare Zempel, a noted economist and financial advisor, in remarks Wednesday at the Pegasus Transtech Users Conference in Clearwater, Fla

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