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October 6, 2011 - Industry News

Survey Reveals Logistics Leaders More Optimistic about Long-Term Growth

Growth projections are most optimistic in Asia, with companies expecting 15.8% growth in 2012. Photo credit: Maersk Lines

The recently released 18th Annual Survey of Third-Party Logistics Providers revealed logistics companies experienced improved economic conditions in 2010. Nearly 90 percent of companies surveyed in North America met or exceeded revenue projections compared with only 50 percent in 2009

Tags: Economy

October 6, 2011 - Industry News

2011 Per-truck Revenue Climbs by 10%

TransCore's second annual Carrier Benchmark Survey shows that to date in 2011, carriers' monthly revenue was on average $1,607, or 10%, higher per truck than in 2010

Tags: Economy

October 5, 2011 - Industry News

China's Commercial Vehicle Market Shows Mixed Results in Q2

Performance was mixed in China's commercial vehicle market during Q2'11. Sales of medium-duty trucks was strong, while the heavy-duty sector languished

Tags: Economy

October 4, 2011 - Industry News

Carriers Backing Away from New Truck Buying Plans

The recent Third Quarter 2011 Transport Capital Partners (TCP) Business Expectations Survey found that only 5% of carriers are planning to add 16% or more capacity in the next year, down from 29% that had such plans six months ago

Tags: Economy

October 4, 2011 - Industry News

Commercial Vehicle Net Orders Better Than Expected in September

Preliminary net orders for North America heavy and medium commercial vehicles, as reported by ACT Research Co., LLC, continue to show month-over-month improvement in Septembe

Tags: Economy

September 27, 2011 - Industry News

North American Surface Trade for July up 18.1% YoY

Trade using surface transportation between the U.S., Canada and Mexico was 18.1% higher in July 2011 than in July 2010, totaling $72.4 billion, according to the Bureau of Transportation Statistics

Tags: Economy

September 26, 2011 - Industry News

ACT: Trailer Shipments Strong; Used Trucks Scarce

Two new reports from ACT Research indicate that trailer shipments were strong in August (although increasing cancellations are a concern), while the used truck market is challenged by a lack of inventory

Tags: Economy

September 22, 2011 - Industry News

FTR Shippers Condition Index Resumes Declining as Expected

FTR Associates' Shippers Condition Index edged lower in July to a current reading of -3.8, meaning conditions were favorable for higher rates for truckers

Tags: Economy

September 21, 2011 - Industry News

Commercial Vehicle Orders Hold Up Despite Economy

Commercial vehicle orders held up reasonably well in August, despite a proliferation of bad news about the economy that led to a meaningful collapse in consumer confidence

Tags: Economy

September 21, 2011 - Industry News

Carrier Expectations Moderate as Economy Falters

Only 45% of the carrier executives responding to a new survey expect volume increases in the next 12 months, compared with 80% in May

Tags: Economy

September 9, 2011 - Industry News

Transportation and Logistics Outlook: Slow but Positive, with Significant Change

Stifel, Nicolaus & Company, an equity research firm, predicted a good future for the freight transportation industry, despite the bad economy, in its Transportation and Logistics Outlook for 2011 and Beyond

Tags: Economy

September 8, 2011 - Industry News

JOC: Import Trade to Stagnate for Rest of 2011

The Journal of Commerce and PIERS revised estimates for containerized import growth for 2011 and 2012 downward on Thursday, citing weaker economic data reported by the U.S. government that will lead to a nearly stagnant import trade for the rest of this year

Tags: Economy

September 6, 2011 - Industry News

August Truck Order Numbers Improve

Commercial truck orders improved during August, according to preliminary data from two trucking industry analysis firms

Tags: Economy

August 30, 2011 - Industry News

BTS: NA Surface Trade Up 11% in June on the Year

Trade using surface transportation between the United States and its North American neighbors, Canada and Mexico, was 11% higher in June 2011 than in June 2010, totaling $77.5 billion,

Tags: Economy

August 24, 2011 - Industry News

Trailer Order Backlogs Ease in Response to Fewer Orders, Continuing Production Strength

Net orders for commercial trailers declined 2% in July from June levels, the fourth straight monthly decline this year, says ACT Research Co. (ACT).

Tags: Economy

August 24, 2011 - Industry News

Higher Durable Goods Orders Temper Economic Gloom

Durable goods orders jumped 4% in July, according to the Commerce Department. Demand for autos and airplanes surged, more than erasing June's 1.3% drop and doubling economists' expectations

Tags: Economy

August 12, 2011 - Industry News

Freight Nearly Flat, But Much Activity Still Above Last Year, FTR Economists Say

If dire economic news of recent days affects the U.S. economy, the observations of economists speaking at FTR Associates' monthly State of Freight webinar might be thrown out the window, said moderator Jonathon Starks, at the August 11 conference's outset. But through this year's first half, cargo movement in the U.S. was brisk and many trucking companies remain healthy as they enjoy higher rates

Tags: Economy

August 7, 2011 - Industry News

Partisan Finger-pointing Draws Credit Downgrade Warnings While Oil Prices Tumble

If the situation weren't serious enough already, the international credit rating agency, Standard & Poors, warns that further bickering and infighting could result in further rating downgrades. Meanwhile, oil prices on Asian markets fell below $84 in Singapore at midday -- more than three dollars lower than Friday's New York close.

Tags: Economy

August 4, 2011 - Industry News

Survey Shows Driver Shortage Limiting Hauling Capacity, Growth Potential

According to the Q3 2011 Fleet Sentiment Report, conducted by CK Commercial Vehicle Research, 40% of responding fleets say they are already feeling the impact of the shortage of qualified drivers

Tags: Economy

August 4, 2011 - Industry News

July Preliminary Net Class 8 Orders Lowest Since September 2010

Preliminary data just released by FTR Associates shows July Class 8 truck total net orders for all major North American OEM's at 18,532, the lowest monthly total since September of 2010

Tags: Economy

August 2, 2011 - Industry News

DOT Says Surface Trade with Canada and Mexico Rose 15.7% YoY in May

Trade using surface transportation between the United States and Canada and Mexico was 15.7% higher in May 2011 than in May 2010, totaling $77.3 billion, according to the Bureau of Transportation Statistics of the U.S. Department of Transportation

Tags: Economy

July 28, 2011 - Industry News

Containerized Imports Drop 1.7% in June

Containerized ocean imports moving through U.S. seaports in June declined 1.7% year-over-year, but were still up 6.3 percent in the first half of the year, reported The Journal of Commerce/PIERS

Tags: Economy

July 13, 2011 - Industry News

Ceridian-UCLA Pulse of Commerce Index Up 1% In June

The Ceridian-UCLA Pulse of Commerce Index, issued by the UCLA Anderson School of Management and Ceridian Corporation, rose 1% in June on a seasonally and workday adjusted basis

Tags: Economy

July 13, 2011 - Industry News

ATA Outlook: Cautious Optimism

The American Trucking Associations delivered its second quarter report Tuesday, outlining an industry, and an economy, struggling to overcome recession. Chief Economist Bob Costello pulled no punches about our precarious recovery, yet offered a generally bright look toward the future in the webinar. "In terms of a summary, I am cautiously optimistic that we can have a better second half of the year," Costello said. "But it is not a given.

Tags: Economy

July 8, 2011 - Industry News

Spot Freight Index Up Over Month, Year

In June 2011, TransCore's spot freight index marked the sixth consecutive month with the highest same-month spot market freight availability. June also recorded the second-highest volume of any single month in the 15-year history of the Index

Tags: Economy

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