March 15, 2000
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
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.
"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
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
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
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
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
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
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
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
Nearly 70% of owner-operators say the deciding factor in purchases is price, according to a recent study
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
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
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
Population shifts are expected to lead to growth in freight movement in five regions of the country
December 22, 1999
Fleets in MacKay & Co.’s monthly survey continue to report strong markets and high levels of equipment utilization
December 21, 1999
The U.S. trucking industry is busier than ever delivering the goods for the 1999 holiday season
December 18, 1999
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
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 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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