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The American Trucking Associations' advanced seasonally adjusted For-Hire Truck Tonnage Index plunged 11.1 percent in December 2008, marking the largest month-to-month reduction since April 1994, when the unionized less-than-truckload industry was in the midst of a strike
Read More →A survey released Monday by the National Association for Business Economics confirmed that the U.S. recession deepened in the fourth quarter of 2008, depicting the worst business conditions since the survey began in 1982
Read More →The federal government's Freight Transportation Services Index fell 1.4 percent in November from its October level, falling after a one-month rise
Read More →There were actually fewer truck repossessions in 2008 than there were in 2007, according to Nassau Asset Management's NasTrac quarterly index, but still many more than 2006
Read More →An estimated two-thirds of the nation's non-residential construction companies are planning to cut their payrolls, according to new employment and business forecast figures released by the Associated General Contractors of America
Read More →In their first "think piece" of the new year, the transportation analysts at Stifel, Nicolaus predicted increasing regulations that will constrain capacity increases as we come out of the economic downturn.
Read More →FTR Associates has released preliminary data showing December Class 8 total net orders for all major North American OEM's at 8775 units -- the weakest monthly order activity since mid-2002
Read More →FTR Associates' latest truck market forecast registers yet another downward revision to the near term freight and truck production forecast
Read More →The American Trucking Associations' advanced seasonally adjusted For-Hire Truck Tonnage Index increased 1.7 percent in November, marking the first month-to-month improvement since June 2008 -- but in real numbers, freight volumes remain weak
Read More →Lower oil prices and an expected government stimulus package should help the economy start growing again during the second half of the year, and that may be a signal for some pent-up truck buying demand to kick in.
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