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Economy

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October 9, 2012 - Industry News

Economic Panel Sees Mixed Forecast for Trucking, Economy

Stuart Varney moderates an economic panel during the American Trucking Associations' annual conference.

LAS VEGAS - A panel discussion on the economy indicated that the economy and trucking will continue to see slow but steady growth of around 2% GDP through 2013, barring something like a total financial crisis in the Eurozone or the unlikely aspect of Congress driving the country over the "financial cliff" looming at the end of the year

Tags: Economy

October 9, 2012 - Industry News

Diesel Prices Up Slightly

The slow downward trend of diesel and gasoline prices seems to have halted this week

Tags: Economy

October 8, 2012 - Industry News

Class 8 Preliminary Net Orders Remain Soft in September

North America heavy-duty GVW Class 8 commercial vehicle preliminary net orders for September remained soft, according to the ACT Research

Tags: Economy

October 4, 2012 - Industry News

FTR Trucking Conditions Index Moves Higher in August

If the economy keeps up its slow but steady improvement, FTR predicts a better 2013.(Photo courtesy Con-way)

FTR expects trucking conditions to improve in 2013, thanks to modestly better economics and a strong increase in capacity utilization stemming from added constraints on trucking from federal regulations taking effect in mid-year

Tags: Economy

October 2, 2012 - Industry News

Few Carriers Expect to Add Much Capacity in Next Year

The number of carriers who expect to add little or no capacity in the next 12 months has remained fairly constant at around 70-74% for the last five quarters, according to Transport Capital Partners' Third Quarter 2012 Business Expectations survey

Tags: Economy

October 2, 2012 - Industry News

Survey Finds Logistics Companies Weathered Tepid Economic Conditions in 2011

Dr. Bob Lieb, professor of supply chain management at Northeastern University in Boston, is author of the 19th Annual Survey of Third-Party Logistics Providers, sponsored by Penske Logistics.

In spite of a slow economic climate, 74% of North American logistics companies surveyed achieved or exceeded revenue projections in 2011, according to the 19th Annual Survey of Third-Party Logistics Providers. However, companies that failed to meet their financial projections were up sharply from 14% in 2010 to 26% in 2011

Tags: Economy

October 1, 2012 - Industry News

ACT Research: Used Truck Market is Still Robust, Trailer Orders Improve

In August, ACT Research reports, pricing for used trucks continued to climb along with net orders for trailers

Tags: Economy

September 25, 2012 - Industry News

Economy Shuffles Along

ORLANDO, Fla. - Unless we go over the "fiscal cliff," the U.S. economy should continue to grow, but at a very modest rate, said Bob Costello, chief economist and vice president of the American Trucking Associations

Tags: Economy

September 25, 2012 - Industry News

Tonnage Index Down 0.9% in August, up Modestly YoY

The American Trucking Associations' tonnage index dropped fell in August compared to September but showed modest growth over last year

Tags: Economy

September 20, 2012 - Industry News

Class 8 Demand Remains Soft in August

Weakness at the front end of the demand cycle for heavy duty commercial vehicles persisted into August, although underlying fundamentals are healthy, according to ACT Research Co

Tags: Economy

September 14, 2012 - Industry News

FTR Reports Shippers Conditions Index Starts Expected Decline in July

FTR Associates' Shippers Conditions Index for July fell to a reading of -4.5, starting the expected steady decline as shippers and carriers feel the impact of increased regulatory drag heading into 2013

Tags: Economy

September 14, 2012 - Industry News

Survey: Fewer Carriers Expect Volume Growth

Results from Transport Capital Partners' Third Quarter 2012 Business Expectations Survey show that much like 2011, the optimism expressed in the first quarter was tempered by the reality that the economy was likely to remain questionable for the year ahead

Tags: Economy

September 13, 2012 - Industry News

July Freight Shipments up 0.1% Month-over-Month

The amount of freight carried by the for-hire transportation industry rose 0.1% in July from June, rising after a one-month decline, according to the U.S. Department of Transportation's Bureau of Transportation Statistics' Freight Transportation Services Index

Tags: Economy

September 12, 2012 - Industry News

DAT Freight Index for August up Over Last Year

DAT Freight Index

TransCore's DAT Freight Index for August outpaced year-ago levels by 8.4%. This is the sixth time in 2012 volume has exceeded prior year levels

Tags: Economy

September 12, 2012 - Industry News

Indices from Cass Show Truckload Rates Steady, Intermodal is up

Recent information from partners Cass Information Systems Inc. and Avondale Partners LLC indicates that truckload rates are holding steady, while intermodal rates saw a month-to-month gain

Tags: Economy

September 11, 2012 - Industry News

Navistar Shutting Down Workhorse as Part of Cost-Cutting

A new nose for the Navistar-owned Workhorse was featured in 2007.

CORRECTED -- Workhorse Custom Chassis is going out of business and is due to shut down in October, though Navistar International Corp., its owner since 2005, is saying little about it

Tags: Economy

September 10, 2012 - Industry News

Hikes in Diesel, Gasoline Ease

The recent trend at the pump has seen the continual upward climb of both gasoline and diesel prices at a steady rate, but this week the trend seemed to be slowing

Tags: Economy

September 10, 2012 - Industry News

Retail Container Imports to Increase 8.5% in September;
 Strong Holiday Numbers Expected

Import cargo volume at the nation's major retail container ports is expected to increase 8.5% in September compared with the same month last yea

Tags: Economy

September 6, 2012 - Industry News

Class 8 Orders Rebound in August

FTR Associates has released preliminary data showing August Class 8 truck net orders at 15,935 units, up 27% from July

Tags: Economy

September 5, 2012 - Industry News

Pricing for Sleeper Tractors Unexpectedly Up in July

The price for used sleeper tractors rose in July, both on a month-to-month and year-over-year basis, reports the American Truck Dealers Commercial Truck Guide

Tags: Economy

September 5, 2012 - Industry News

Despite Slow Growth, Capacity Balance Means Trucking's Doing OK

Growth in trucking to support hydraulic fracturing operations in natural gas drilling may be inflating truck tonnage numbers.

The economy is expected to continue to grow slowly amidst a variety of headwinds, but because the trucking industry has not been adding back capacity cut or lost during the recession, pricing trends are largely positive, with flatbed, tanker and reefer business leading the way, according to transportation analysts at Stifel Nicolaus

Tags: Economy

September 5, 2012 - Industry News

Diesel Exhaust Fluid Pump Prices Increase

The price of diesel exhaust fluid at the pump jumped in August while tote prices remained level, according to the latest DEF Tracker price update from Integer Research

Tags: Economy

August 28, 2012 - Industry News

Used Truck Comparisons Up Month-Over-Month in July

In what may be an unprecedented event, all the month-over-month comparisons - volume, price, miles, and age - for all weight groups of used trucks improved in July

Tags: Economy

August 28, 2012 - Industry News

June Surface Trade with Canada, Mexico Up 6.6% Over 2011

Trade between the U.S. and NAFTA Countries, June 2007-June 2012 (Unadjusted and adjusted for inflation and exchange rate fluctuations)

Trade using surface transportation between the United States and its North American Free Trade Agreement partners, Canada and Mexico, was 6.6% higher in June 2012 than in June 2011, totaling $82.6 billio

Tags: Economy

August 23, 2012 - Industry News

Trailer Orders Weak in July

July is seasonally the weakest order month for the trailer industry, and the 14,500 new orders booked for the month confirmed that pattern

Tags: Economy

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