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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
Read More →An American Trucking Associations representative recently testified before Congress that releasing oil from the Strategic Petroleum Reserves would help stabilize petroleum markets, reduce global demand for crude oil and ultimately lower fuel prices
Read More →Housing starts jumped 8.3% to a 1.78-million annual rate from February's weather-reduced total.
Read More →Manufacturing activity expanded in December following a decline the previous month, according to the latest manufacturing Report on Business issued by the Institute of Supply Management.
Read More →Despite the current weakness in demand for freight transportation services caused by the nation's recession, the long-term outlook remains bright for all modes of freigh
Read More →The American Trucking Associations' advanced seasonally adjusted For-Hire Truck Tonnage Index declined 1.1 percent in April 2008. March's tonnage reading, meanwhile, fell 1.7 percent instead of the previously reported 3.2 percent drop
Read More →Calling it "the worst market in a generation," transportation forecasting firm FTR Associates released its mid-month North American Commercial Truck and Trailer Outlook flash report this week, showing a further weakening in freight and equipment demand
Read More →Slow truck sales and an overabundance of used tractors has forced Volvo Trucks to lay off 70 employees
Read More →Several major carriers have issued third quarter profit warnings, giving notice before their summer quarter financial statements are released that earnings per share are below security analysts' expectations
Read More →The final numbers for March net orders, which will be released mid-April, will approach 20,000 units for heavy-duty Class 8 trucks and 13,500 for medium-duty Classes 5-7 vehicles, reports ACT Research
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