Economy

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September 28, 2005

ATA Truck Tonnage Index Dropped 0.8 Percent in August

American Trucking Associations' advanced seasonally adjusted for-hire Truck Tonnage Index decreased 0.8 percent in August after contracting a revised 0.5 percent in July

September 21, 2005

Seaman Corp. Announces Price Hikes

Seaman Corp., Wooster, Ohio, said it has raised prices on all polyester and nylon products sold to all industrial and engineered markets.

September 7, 2005

ATA: Trucking to Spend $85 Billion on Diesel This Year

The American Trucking Associations Wednesday revised the trucking industry’s projected fuel costs for 2005 in light of the energy impact caused by Hurricane Katrina and the Energy Information Administration’s newly released fuel price forecast.

July 28, 2005

Surface Trade With Canada, Mexico Up 8.9% from May 2004

The Bureau of Transportation Statistic announced Thursday that trade using surface transportation between the U.S. and its North American Free Trade Agreement partners Canada and Mexico rose 8.9% in May 2005 from May 2004 to a total of $57.9 billion

July 26, 2005

Study Says Natural Gas More Economical Than Diesel For Local Fleets

Heavy-duty natural gas powered vehicles (NGVs) that meet strict emissions standards are more cost-effective to own, operate and maintain over their lifetime than comparable diesel powered vehicles when the price of crude oil is more than $31 per barre

July 26, 2005

Pool of Available Drivers Shrinks Slightly in June

According to the current Driver Labor Market Indicators Report published monthly by FTR Associates, the number of people available to be hired into the trucking industry fell slightly in June

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

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