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The increase brings the loaded mileage rate up 4¢ per mile to $1.00 per mile, and the deadhead rate up 1¢ per mile to $0.91 per mile, effective July 1.
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Manufacturing activity expanded throughout the nation with a notable improvement along the East Coast. Growth was particularly strong for several Distracts related to motor vehicles, aerospace, and metals. Both non-residential construction activity and commercial real estate markets were generally steady to stronger since the last report.
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The Western Star 'Design Our Star' truck hits the road pulling OOIDA's Spirit of the American Trucker tour trailer. It will make appearances at truck shows, conferences and truck stops.
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May's preliminary net order figures for Class 8 are the strongest since February, while Class 5-7 net orders slumped 27% compared to a very strong month in April.
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Truck driver hours of service took center stage Tuesday as Senators grilled Anne Ferro, chief of the Federal Motor Carrier Safety Administration, on the new 34-hour restart provision. The exchanges during a Senate Commerce Committee hearing on the federal highway program were a prelude to a showdown Thursday on the restart.
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New orders for manufactured goods were up for the third consecutive month in April, rising 0.7% to $499.8 billion. April was at the highest level since the series was first published on a NAICS basis in 1992 and followed a 1.5 percent March increase.
Read More →Hino Motor Sales U.S.A., and Telogis announce a partnership to provide the next generation telematics platform for Hino commercial trucks.
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Black Book reports modest declines in all medium and heavy duty used truck segments, consistent with good demand and typical depreciation rates.
Read More →Declining feedstock prices are bring down the delivered price of diesel exhaust fluid in most regions of the country.
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Class 8 orders have now had sixteen consecutive months with year-over-year increases. Class 8 orders for the latest six month period through May annualize to 343,000 units.
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