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Indicators: Page 34
Business
Trucking employment continues upward momentum in November
The for-hire trucking industry added 1,100 jobs in November, according to the Department of Labor’s most recent report. The highlight of the month’s employment report, however, was the DOL’s upward revision of October’s figures, which now show a 6,800-job gain.
December 5, 2016
Business
Indicators: Soft freight demand, excess capacity continue to drag rates
Linehaul rates, though up month to month, continued a streak of eight months of year-over-year losses. Conditions for shippers, however, could signal a looming period of rate growth.
November 29, 2016
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Business
Fuel prices remain steady through Thanksgiving
The cheapest fuel is in the Gulf Coast region at $2.29 per gallon, followed by the Midwest region at $2.356 per gallon.
November 29, 2016
Business
Indicators: Tonnage, trucking conditions continued to slide in October and September
Freight and market conditions slipped in September and October, but both are expected to be near their bottom and climb in 2017.
November 22, 2016
Business
Diesel prices continue recent downward trend
The U.S.’ average price for a gallon of on-highway diesel is now $2.421, keeping prices above the $2.40 mark for the seventh consecutive week.
November 21, 2016
Business
Analyst: Trucking economy will likely stay flat through early 2018
Speaking at the CCJ Fall Symposium, economist Eric Starks predicted that regulations will have the biggest impact on trucking industry economics.
November 15, 2016
Business
Indicators: Spot market gains steam as freight, rates climb
October was the strongest month for freight availability in 2016 except the June seasonal peak. Compared to the same month last year, van and reefer volumes surged.
November 15, 2016
Business
Diesel prices down across U.S.
The price of a gallon of on-highway diesel dropped 2.7 cents during the week to $2.443.
November 14, 2016
Business
Trucking industry support helps propel Donald Trump to victory in 2016 presidential race
Not only did Trump garner broad support from truck drivers, he also secured more in financial campaign contributions from the trucking industry, whose political spending is largely made up of bigger carriers and fleet-backed lobbyists. Trucking contributions also helped Republicans maintain control of Congress.
November 9, 2016
Business
Diesel prices holding near $2.50
The cheapest fuel can be found in the Gulf Coast region at $2.34 per gallon, followed by the Lower Atlantic at $2.384 per gallon.
November 7, 2016
Business
Trucking adds 3,000 jobs in October, adjusted Sept. report bolsters gains
September’s revision changes the trucking employment landscape for 2016, with October’s gain now marking four straight months of solid gains.
November 4, 2016
Business
Diesel flat in most recent week
The average price of a gallon of on-highway diesel in the U.S. was nearly unchanged in the week ending Oct. 31, climbing just a tenth of a cent, according to the Department of Energy’s weekly report.
October 31, 2016
Business
Indicators: Trucking Conditions improve as capacity tightens
August was the second straight month the index climbed, and FTR projects the trend to continue through 2017 as new trucking regulations restrict capacity and drive up rates and margins for trucking companies.
October 27, 2016
Business
Diesel prices level out after two weeks of significant increases
The U.S.’ average price of a gallon of on-highway diesel is now $2.478, according to the Department of Energy’s weekly report.
October 24, 2016
Business
Truck demand, rates spike in L.A.-outbound lanes despite Hanjin-caused dip in imports
Though import volumes at two major west coast ports slumped in September due to Hanjin’s late August bankruptcy, key lanes out of the Los Angeles market have seen rates spike in recent weeks as load-to-truck ratios soared on the heels of Hanjin ships docking and unloading at L.A.-area ports.
October 19, 2016
Business
Indicators: Tonnage tumbles in September, rates follow
Tonnage was down in September, continuing 2016’s trend of choppy freight. Likewise, rates fell for the 7th straight month, according to Cass’ Truckload Linehaul Index.
October 18, 2016
Business
Diesel prices jump 3.6 cents in most recent week
The increase puts the average price in the U.S. for a gallon of on-highway diesel at $2.481, the highest price since mid-November 2015.
October 17, 2016
Business
ATA forecast: Trucking freight, revenue poised for big growth in coming decade
Though the trucking industry will likely see declines in freight and revenue in 2016, this year’s only an outlier when looking at the industry’s long-term trend, says the American Trucking Associations in a new report.
October 17, 2016
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