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Economy

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July 26, 2005 - Industry News

Pool of Available Drivers Shrinks Slightly in June

According to the current Driver Labor Market Indicators Report published monthly by FTR Associates, the number of people available to be hired into the trucking industry fell slightly in June

Tags: Economy

June 27, 2005 - Industry News

ATA Truck Tonnage Index Shows Moderate Rise in May

The American Trucking Assns.' for-hire Truck Tonnage Index released on Monday rose 0.7% for May as tonnage volumes increased slightly. The increase marked the first sequential rise in tonnage volumes since January

Tags: Economy

June 23, 2005 - Industry News

Crude Oil Tops $60 a Barrel, Stocks Tumble

Crude oil prices soared to a record $60 a barrel Thursday, and stocks tumbled after FedEx Corp. said high fuel prices will hurt profits

Tags: Economy

June 14, 2005 - Industry News

Diesel Rises Again; OPEC Says Prices Out of Their Control

The Organization of the Petroleum Exporting Countries (OPEC) said it is operating close to full capacity and has little power to lower refined oil product prices -- particularly diesel -- on open world markets

Tags: Economy

June 9, 2005 - Industry News

DaimlerChrysler: U.S. Truck Manufacturing Boom to Continue into 2007

According to the Reuters news agency, DaimlerChrysler expects a truck boom in the key U.S. market to continue until at least 2007

Tags: Economy

June 8, 2005 - Industry News

Bear Stearns Downgrades Truckload Stocks

MarketWatch reported yesterday that trucking stocks fell as broker Bear Stearns predicted slower growth, an increase in capacity and higher costs

Tags: Economy

June 6, 2005 - Industry News

Study: Trucks Now Consume More Than Half of Vehicle Fuel

For the first time, trucks account for more than half of all vehicle fuel consumed in the U.S., according to a new stud

Tags: Economy

June 1, 2005 - Industry News

ATA Truck Tonnage Declined Almost 1% in April

The American Trucking Associations said its advanced seasonally adjusted for-hire Truck Tonnage Index decreased 0.9 percent in Apri

Tags: Economy

May 25, 2005 - Industry News

Study Shows Industry Short 20,000 Drivers; Trends Point to More Severe Shortage

The American Trucking Assns. said Wednesday that the long-haul, heavy-duty truck transportation industry in the United States is experiencing a national shortage of 20,000 drivers

Tags: Economy

May 18, 2005 - Industry News

Even As Freight Volume Rises Drivers Remain Hard to Find

FTR Associates, Nashville, Ind., said Wednesday that driver availability continues to be a problem for many fleets

Tags: Economy

May 4, 2005 - Industry News

ATA Forecast Predicts Increasing Freight Share for Trucking, More Line Haul by Rail Intermodal

The American Trucking Assns. has released its U.S. Freight Transportation Forecast to 2016

Tags: Economy

April 27, 2005 - Industry News

Truck Tonnage Index Down in March

The Truck Tonnage Index decreased 3.3 percent in March, corresponding with the modest economic slowdown that has appeared in other economic dat

Tags: Economy

April 18, 2005 - Industry News

Domestic Intermodal Loadings and Truck Freight Show Signs of Weakness

According to FTR Associates, Nashville, Ind., a leader in transportation forecasting, indications show both domestic intermodal loadings and truck freight weakening in early 2005

Tags: Economy

April 4, 2005 - Industry News

ChevronTexaco Buys Unocal For Big Bucks

ChevronTexaco Corp., the nation's second biggest oil concern, is buying rival Unocal Corp., the ninth biggest U.S. oil and gas exploration and production company, for about $16.4 billio

Tags: Economy

April 4, 2005 - Industry News

ChevronTexaco Buys Unocal For Big Bucks

ChevronTexaco Corp., the nation's second biggest oil concern, is buying rival Unocal Corp., the ninth biggest U.S. oil and gas exploration and production company, for about $16.4 billio

Tags: Economy

April 4, 2005 - Industry News

Analyst Calls Crude Oil Market “Unstable”

An analyst with a prominent international energy consulting firm has called the current crude oil market "unstable.

Tags: Economy

March 30, 2005 - Industry News

Driver Turnover Rate Climbs

In a report to its members, the American Trucking Assns. reported earlier this week that the rate of driver turnover for the 4th quarter of 2004 reached a new high of 136% for large truckload carrier

Tags: Economy

March 28, 2005 - Industry News

ATA’s Costello: Truck Tonnage Down, But Take a Closer Look

According to the latest figures from the American Trucking Associations, the seasonally adjusted for-hire Truck Tonnage Index fell 2.2 percent to 115.

Tags: Economy

March 21, 2005 - Industry News

Fuel Price Passes Record High, Keeps Rising

Okay truckers, we'll tell you what you already know: the average U.S. price for diesel fuel at the pump, which crossed into record territory earlier this month, continued to climb hitting $2.244 per gallon Monday

Tags: Economy

March 13, 2005 - Industry News

Truckers Demonstrate Against High Fuel Prices in Oregon's Capital

The Albany, Ore.,Democrat-Herald in a bylined article reported that more than 200 people, most in big trucks came to a Saturday rally in Salem, Ore., the state's capita

Tags: Economy

March 10, 2005 - Industry News

Driver Shortfall Continues, But May Ease By Year’s End

FTR Associates, Nashville, Ind., said in press release Thursday that strong demands for competing labor continue to put pressure on the Driver Labor Index

Tags: Economy

February 14, 2005 - Industry News

Driver Shortage Should Ease -- At Least a Little

Freight Transportation Research Associates Inc. said Monday that the driver labor market tightened for the second consecutive month in January 200

Tags: Economy

October 8, 2003 - Industry News

Cooper Tire Signs Accord With Chinese Manufacturer

Cooper Tire & Rubber Co. has signed an agreement with Hangzhou Zhongce Rubber Co. Ltd., located in Hangzhou, China

Tags: Economy

September 17, 2003 - Industry News

Cummins Chief Shares Optimism With Investors

Tim Solso, chief executive officer for Cummins Inc., told shareholders this week he is optimistic about the future of the engine maker and the trucking industry

Tags: Economy

September 16, 2003 - Industry News

Fewer Trucks Repossessed in the First Half of 2003

Fewer trucks were repossessed in the first two quarters of 2003 than the same time last year, according to Nassau Asset Management's first public release of its NasTrac Quarterly Index (NQI)

Tags: Economy

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