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The government’s first look at shipments and new orders for manufactured durable goods in the U.S. during March shows mixed performance.T he U.S. Commerce Department reports shipments increased in March from the month before by 0.4% to $230 billion. This is the highest level on record, going back to 1992.
Read More →Overall business and profits declined in the first quarter of the year for the parent companies of several truck makers.
Read More →Net trailer orders for March were down 6% month-over-month and 12% year-over-year. This update on industry performance was reported in the latest State of the Industry: U.S. Trailers published by ACT Research Co. “Although orders are down, the orders being placed appear genuine, as cancellation activity has been negligible for most trailer categories,” said Frank Maly, director-CV Transportation with ACT Research.
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The American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index gained 0.9% in March after decreasing 0.7% in February. Tonnage has now increased in four of the last five months.
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Schneider National Bulk Carriers recently launched a bulk intermodal transportation service using a new 40-foot tank container that can be used on the rail and over the road to haul liquid bulk chemicals across the United States.
Read More →FTR Associates’ Shippers Conditions Index for February fell over two points following a similar decline in January. The current reading of -9.5 reflects an expectation for increasingly difficult conditions for shippers as 2013 progresses, which is good news for trucking companies.
Read More →UPS has announced the accelerated growth of its alternative vehicle fleet with plans to purchase approximately 700 liquefied natural gas vehicles and to build four refueling stations by the end of 2014. Once completed, the company says, the LNG private fleet will be one of the most extensive in the U.S.
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Efforts by federal officials prohibiting all interstate and haz-mat truckers from texting while driving, along with many state having such laws for all drivers, may do little for safety on the roadway, based on new research.
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Truckers looking for increasingly hard to find parking spaces may be getting some help from the American Transportation Research Institute and the U.S. Department of Transportation. ATRI is working with multiple partners to test a new system for truck parking management.
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Bobit Business Media announced that Dave Moniz is the new publisher of Heavy Duty Trucking (HDT). Moniz, most recently the publisher of Fleet Equipment and Tire Review magazines, started his career with HDT and has also worked on Fleet Owner.
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