January 30, 2008
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
June 4, 2007
June opened with a series of reports indicating slow economic growth, but growth nonetheless. The Institute for Supply Management's latest Manufacturing Report on Business logged the fourth consecutive month of expansion.
May 31, 2007
"Total construction spending inched up in April, as nonresidential outlays shook off the plunge in homebuilding and sluggishness in gross domestic product (GDP)," Ken Simonson, chief economist for the Associated General Contractor
May 29, 2007
The American Trucking Associations' advanced seasonally adjusted For-Hire Truck Tonnage Index decreased 2.2 percent in April, after posting a 1.2 percent jump in March
May 1, 2007
Economic activity in the manufacturing sector expanded in April for the third consecutive month, according to the latest Manufacturing Report on Business by the Institute for Supply Management.
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