Economy

1181  -  1200  of  1210

March 15, 2000

Insurance Rates Jump: Truckers Pay the Price For Bargain Years

The long period of relatively cheap insurance seems to be over. We’re hearing a few reports of price hikes as high 25-30% -- mainly for liability and workers’ compensation -- but the general consensus leans more toward 10-15%.

March 14, 2000

Economy Will Continue to Grow

The U.S. economy is in a "golden age" of prosperity that has lasted 17 years and while there may be a recession in the next 5-10 years, the overall outlook is for steady economic growth.

March 14, 2000

Hebe: Trucking to Become Commodity

"The process of moving freight--traditional trucking--is about to become a commodity, not a differentiator that is sustainable," Freightliner president/CEO Jim Hebe said addressing the recent annual meeting of TRALA.

March 13, 2000

Freight Volume Should Grow 5.5% This Year

According to our data, freight volume should expand 5.5% this year. Because last year's big 7% gain came at the end of the year, the 5.5% annual forecast will be hit if the four quarters this

March 2, 2000

Survey Shows Trailer Sales Slipping

Economic Planning Associates' latest survey of trailer manufacturers puts 1999 shipments at 301,800 units, up 7.7% from 1998. But data also indicates that the unwinding of previously strong momentum has begun.

February 29, 2000

LTL Stocks Are Being Overlooked

Truckload carriage seems to get more attention on Wall Street, but less-than-truckload deserves a second look, according to Jeffrey Kauffman, first vice president, Merrill Lynch & Co.

February 15, 2000

Trailer Sales Down Almost 20% in 1999

Shipments of trailers and chassis totaled 275,366 units in 1999, down 19.9% from 1999, according to data compiled by the U.S. Census Bureau and the TruckTrailer Manufacturer's Assn

January 31, 2000

Recent Slowdown Doesn't Scare Navistar

Despite a recent slowdown industry heavy truck orders, Navistar International Corp. stands by it's 405,000 medium and heavy duty forecast made late last year. It also hasn't changed its target 29.9% return on equity for fiscal

January 28, 2000

It's Official: The Driver Shortage Threatens The Economy

How bad is the driver shortage? Bad enough for Wall Street to start calling it one of the biggest potential threats to the current economic boom. With the country entering a record 107th month of continuous economic

January 25, 2000

Industry Faces Used Truck Crisis

A looming crisis in used trucks could have a negative impact on the entire trucking industry, according to Freightliner president and CEO Jim Hebe

January 24, 2000

Owner-Operators Buy Mostly On Price

Nearly 70% of owner-operators say the deciding factor in purchases is price, according to a recent study

January 24, 2000

Class 8 Population Up 12% Since 1995

The newly released Profile of the Commercial Truck Market from Newport Communications reveals a 12% growth in the Class 8 truck population in the three-year period from 1995 to 1998

January 20, 2000

Truck Use Falls, Trailer Use Up In Fourth Quarter

Seasonal slowdowns and weakness in some sectors drove overall Class 6-8 vehicle utilization down some in fourth quarter 1999, but trailer utilization rose sharply, according to the latest survey by MacKay & Co.

January 19, 2000

Interest Rates Rise, But Is It Enough?

Friday's report on the January labor market suggests that economic growth is accelerating rather than declining, as was widely expected. 387,000 new jobs were added last month. Even after subtracting the 116,000 new construction jobs due

January 11, 2000

Freight To Grow In Five Regions

Population shifts are expected to lead to growth in freight movement in five regions of the country

December 22, 1999

Business Up For Fleets, Dealers, Distributors

Fleets in MacKay & Co.’s monthly survey continue to report strong markets and high levels of equipment utilization

December 21, 1999

U.S. Trucks Increase Holiday Role

The U.S. trucking industry is busier than ever delivering the goods for the 1999 holiday season

December 18, 1999

Trailer Sales Down Almost 18%

Trailer shipments through October totaled 234,105 units, down 17.9% from the same period in 1998, according to the latest report from the U.S. Bureau of Census and the Truck Trailer Manufacturers Assn

December 16, 1999

Detailed Freight Database Released By BTS

Trucks carried 71.7% of freight, measured by value, in the US in 1997, according to the Commodity Flow Survey just released as part of the 1997 Census of Business.

December 10, 1999

November Truck Sales Up 18.5% Over Last Year

November U.S. retail truck sales for Class 6-8 fell 7.3% from October to 35,719. But the total was 18.5% above last November.

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