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November 1, 2010 - Industry News

Slagle: Mack Trucks is Ready for the Good Times

With tremendous uncertainty still plaguing the housing market and therefore the construction sector, Denny Slagle, president and CEO of North American Trucks, the parent company of Mack Trucks and Volvo Trucks North America, sees the on-highway market leading the recovery. And he says Mack is more than ready

Tags: Economy

October 19, 2010 - Industry News

Economic Experts Look at Economy During ATA Session

This economic recovery looks very different in some aspects from the "typical" recovery as a recession - but some of those differences are actually helping trucking recover faster than the general economy. In a panel discussion on the state of the economy during the American Trucking Associations' annual management conference in Phoenix this week, ATA Chief Economist Bob Costello said he was taking a "glass half full" approach to his outlook.

Tags: Economy

October 14, 2010 - Industry News

Freight Index Fell 0.6 Percent in August

The Freight Transportation Services Index fell 0.6 percent in August from its July level, falling after two monthly increases, according to the U.S. Department of Transportation's Bureau of Transportation Statistics

Tags: Economy

October 13, 2010 - Industry News

Pulse of Commerce Index Declines for Second Consecutive Month

The Ceridian-UCLA Pulse of Commerce Index, which measures fuel sales as an economic indicator, fell .5 percent in September after falling 1 percent in August

Tags: Economy

September 30, 2010 - Industry News

FTR's Trucking Conditions Index Continues Upward Trend

FTR's Trucking Conditions Index edged higher in August to a reading of 2.3. The Trucking Conditions Index from Freight Transportation Research Associates is a compilation of factors affecting trucking companies. The August reading, which is the sixth consecutive reading in positive territory, reflects a healthy environment for trucking.

Tags: Economy

September 28, 2010 - Industry News

ATA Truck Tonnage Index up From Last Year, Down Month-to-Month

The American Trucking Associations' advance seasonally adjusted For-Hire Truck Tonnage Index fell 2.7 percent in August, which was the largest month-to-month decrease since March 2009. The index is up 2.9 percent compared to the same month a year ago

Tags: Economy

September 27, 2010 - Industry News

ATA Economist Predicts Supply Crunch Like Industry's Never Seen

The cream of the crop drivers will be in high demand as increased demand and new regulations collide. (Photo by Jim Park)

Even though he doesn't expect the economy to grow very quickly, the American Trucking Associations' chief economist says we're heading into "a supply side story the likes of which we have probably never seen in our industry." The result will be higher rates, and the best drivers in demand like they've never been before

Tags: Economy

September 23, 2010 - Industry News

Chamber of Commerce Releases Indexes Connecting Infrastructure and Economy

The U.S. Chamber of Commerce released what it says is a first-of-it-kind annual index designed to look over time at how U.S. transportation infrastructure is serving the needs of the U.S. economy and business community

Tags: Economy

September 16, 2010 - Industry News

Freight Index Reports Highest August Spot Market Since 2005

TransCore's North American Freight Index achieved its highest level for the month of August since 2005. Spot market freight availability in August increased 75 percent over August 2009.

Tags: Economy

September 14, 2010 - Industry News

Decline in the Pulse of Commerce Index Signals Struggling Economy, but no Double-Dip

The Ceridian-UCLA Pulse of Commerce Index fell 1 percent in August, a disappointing number that closes out an erratic summer in the PCI. The decline indicates an economy that is struggling to move forward, following July's increase of 1.7 percent and June's drop of 1.9 percent

Tags: Economy

September 13, 2010 - Industry News

Economist: Don't Panic About Recovery; Trucking in for Good Times

Continued high unemployment and three quarters of less-than-3-percent GDP do not mean we are headed into a double-dip recession. In fact, things are looking very good for trucking in this recovery, said trucking economist Noel Perry, speaking at the McLeod Software User Conference in Birmingham, Ala., Monday. However, he said, carriers need to learn how to deal with a more volatile business environment

Tags: Economy

September 13, 2010 - Industry News

Trucker Profit Improvement Points to Continued Rebound in Commercial Vehicle Sector

A strong rebound in net margins for publicly traded truckload companies in the second calendar quarter is expected to fuel continued improvement in demand for heavy-duty vehicles and trailers, according to ACT Research Co

Tags: Economy

September 9, 2010 - Industry News

Sideways Growth For Now, But Capacity Tightening

Economic growth and freight volumes have been decelerating and will likely move sideways for the next few months, until a hoped-for change in the composition of Congress in November reassures businesses enough to start investing and hiring again. But truckload capacity is tight and will continue to tighten, and we're on the cusp of improved pricing. That was the message of transportation analysts with Stifel Nicolaus in its annual "Shaking the Sand Out" conference call Thursday

Tags: Economy

September 9, 2010 - Industry News

FTR's Trucking Condition Index Expected to Remain in Positive Territory

Transportation forecasting group FTR Associates reports its Trucking Condition Index, at 0.8 for July and reported in the September Trucking Update, is expected to remain in positive territory for the remainder of the year

Tags: Economy

September 3, 2010 - Industry News

U.S. Unemployment Relatively Unchanged From July

The U.S. lost 54,000 jobs in August, raising the unemployment rate slightly to 9.6 percent from July's 9.5 percen

Tags: Economy

September 2, 2010 - Industry News

Productivity Fell 1.8 Percent in Second Quarter

Productivity slipped 1.8 percent during the second quarter of 2010, according to a U.S. Bureau of Labor Statistics report

Tags: Economy

September 2, 2010 - Industry News

August Already Shows Signs of Growth in Manufacturing

Manufacturing activity rebounded in August, with the Institute for Supply Management's index of manufacturing activity (PMI) increasing to a reading of 56.3, compared to 55.5 in July

Tags: Economy

August 25, 2010 - Industry News

Durable Goods Orders Return to Growth

After falling for two straight months, new orders for manufactured durable goods gained 0.3 percent to $193 billion in Jul

Tags: Economy

August 20, 2010 - Industry News

PPI, Leading Economic Index Inch Up

The Producer Price Index for Finished Goods inched up 0.2 percent in July, according to the U.S. Bureau of Labor Statistics

Tags: Economy

August 20, 2010 - Industry News

MAPI Report: Manufacturing to Grow Faster Than Overall Economy

Manufacturing production is expected to grow by 5.7 percent in 2010 and 4.7 percent in 2011, according to a report recently released by the Manufacturers Alliance/MAPI

Tags: Economy

August 18, 2010 - Industry News

Industrial Production Sees More Promising Growth in July

The month of July showed more promising industrial production figures, with growth of 1 percent over Jun

Tags: Economy

August 11, 2010 - Industry News

Ceridian-UCLA Pulse of Commerce Index Climbs in July

The Ceridian-UCLA Pulse of Commerce Index, which is based on diesel fuel sales, continues to show an economy in recovery, according to the UCLA Anderson School of Management. The July PCI climbed 1.7 percent after dropping 1.9 percent in June

Tags: Economy

August 11, 2010 - Industry News

Freight Index Up Slightly in June

The Department of Transportation's Freight Transportation Services Index rose 0.2 percent in June from its May level, rising after one monthly decline

Tags: Economy

August 6, 2010 - Industry News

This Week Holds More Promise on Economic Fronts

While last week brought some disappointing economic news, especially the payroll figures released Friday, this week is expected to bring some more positive new

Tags: Economy

August 2, 2010 - Industry News

Manufacturing Activity Continues to Grow at Slower Rate

While the manufacturing sector expanded for the 12th straight month in July, activity fell 0.7 percent from June's level

Tags: Economy

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