Economy

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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

February 14, 2005

Driver Shortage Should Ease -- At Least a Little

Freight Transportation Research Associates Inc. said Monday that the driver labor market tightened for the second consecutive month in January 200

October 8, 2003

Cooper Tire Signs Accord With Chinese Manufacturer

Cooper Tire & Rubber Co. has signed an agreement with Hangzhou Zhongce Rubber Co. Ltd., located in Hangzhou, China

September 17, 2003

Cummins Chief Shares Optimism With Investors

Tim Solso, chief executive officer for Cummins Inc., told shareholders this week he is optimistic about the future of the engine maker and the trucking industry

September 16, 2003

Fewer Trucks Repossessed in the First Half of 2003

Fewer trucks were repossessed in the first two quarters of 2003 than the same time last year, according to Nassau Asset Management's first public release of its NasTrac Quarterly Index (NQI)

September 10, 2003

Economists: Trucking Industry on the Upswing

Economic analysts are seeing the beginnings of improvement in the trucking industry, in contrast with similar signs last year that failed to materialize

August 28, 2003

Commerce Dept. Reports Rosier 2nd Quarter

The U.S. Commerce Department has revised gross domestic product figures for the 2nd quarter upward to 3.1 percent

August 28, 2003

Truck Tonnage Up For Second Consecutive Month

The American Trucking Association reported that its seasonally adjusted Truck Tonnage Index increased 5.4 percent in July

August 4, 2003

Most Fleets Say They'll Buy Power Units Soon

A study of trucking fleets conducted last month by CK Marketing & Communications reveals that 74% of the fleets polled indicated they plan to purchas

August 4, 2003

Boyd Bros. Reports Revenues, Profits Up

Flatbed carrier Boyd Bros. Transportation Inc., Clayton, Ala., reported that revenues rose 4% and profits 6% in the quarter ended June 30

July 30, 2003

ATA Truck Tonnage Index Up 1.6 % In June

The American Trucking Assns.’ seasonally adjusted Truck Tonnage Index increased 1.6% to 147.3 (1993=100) in June, the association announced Wednesday

July 1, 2003

Manufacturing Activity Steady in June

The ISM index of manufacturing activity inched up to 49.8 in June from 49.4 in May

June 30, 2003

Income, Spending Score Slight Expansion

Personal income and spending expanded modestly again in May at a pace that assures second quarter consumer spending will grow faster than in the last two weak quarters

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