Economy

1221  -  1240  of  1255

May 26, 2000

The Slowing Economy: How It Will Impact Trucking

Motor carrier employment (seasonally adjusted) fell 5,000 jobs to 1.834 million in May, after 42 consecutive months of employment increases totaling 198,000 jobs. Is this the first sign of slower growth in the economy and in

May 26, 2000

Trade Deal With China: What it Means For Trucking

The last barrier to opening the huge Chinese market - 11.5% of the world economy - to US manufacturers was cleared last week with the House of Representatives approval of permanent "most favored nation" import tariff

May 4, 2000

Carriers Took it on the Chin in the First Quarter

First quarter profits were down 34.3% from the previous quarter for the 31 carriers that have now reported financial results for the January - March period. After three quarters of strong gains, profits have dipped

April 13, 2000

Vehicle Utilization Up in First Quarter

Class 6-8 vehicles operated at an average 83.5% capacity in first quarter 2000, up 2.1 percentage points from first quarter 1999, according to the latest survey by MacKay & Co. Researchers said this was the highest utilization rate since 1988. The survey of 1,357 truck and bus fleets also indicated strong demand for truck transportation highlighted by an unusually small decline in utilization from fourth to first quarter

April 11, 2000

Commerce Dept. Adjusts Trailer Sales Data

The U.S. Department of Commerce has revised trailer sales data for 1998 from 344,312 units to 277,419 units. This is more in line with manufacturer surveys done by Economic Planning Associates which put 1998 total sales at 280,350

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

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