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After a significant dip during the recession and a mild economic recovery, the U.S. freight economy, particularly for trucking, is projected to grow significantly in the years ahead, according to American Trucking Associations' U.S. Freight Transportation Forecast to 2023
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Editor's Note: This is the final installment in a series of predictions for 2001, both serious and tongue-in-cheek, from Truckinginfo.com's editors. Our economist offers thoughts on how the economy will affect truck sales, while Truck Sales &
Read More →Conditions appear to be in place for a good year for the U.S. economy, which is likely to be marked by moderate, sustainable growth and lower inflation, Federal Reserve Board Vice Chairman Donald Kohn recently told the Atlanta Rotary Club.
Read More →Economic activity in the manufacturing sector expanded in August for the third consecutive month and at its best pace in more than two years, raising hopes about the performance of the American economy during the third quarter of the year.
Read More →The all-new Bandag B713 FuelTech drive tire tread can yield longer-lasting wear life, improved traction and reduce irregular wear
Read More →The economy and the topic of used truck values was a recurring theme throughout Freightliner President Jim Hebe's State of the Industry briefing Thursday at Freightliner headquarters in Portland, Ore. But the market projections made everyone sit up
Read More →Cautious would be the word to summarize Bob Costello's comments on the economy at last week's meeting of the Refrigerated Division of the Truckload Carriers Association. Perhaps even cautiously optimistic. Costello is the American Trucking Associations' chief economist. He complimented the refrigerated haulers on being less affected by the economic downturn than other fleets, a direct consequence of people's need to eat no matter the general state of the economy.
Read More →The market for commercial vehicles is expected to pick back up in 2010 as the economy trends up, according to the latest report from Polk & Co. In the July issue of "Polk View," "The Future of the U.S. Commercial Vehicle Market," the automotive market intelligence company predicts sales will rebound after the housing market bottoms out
Read More →The economy is expected to continue to grow slowly amidst a variety of headwinds, but because the trucking industry has not been adding back capacity cut or lost during the recession, pricing trends are largely positive, with flatbed, tanker and reefer business leading the way, according to transportation analysts at Stifel Nicolaus
Read More →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
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