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CCJ Top 250
Indicators: Page 58
Business
Diesel price slides again, down nearly 5 cents in three weeks
The national average price for a gallon of on-highway diesel dropped for the third consecutive week in the week ended March 31, falling another 1.3 cents to $3.975, according to the Department of Energy. The price is now down 4.6 cents since the week ended March 17.
April 1, 2014
Business
Diesel dips below $4 as US average price falls 1.5 cents
The national average price for a gallon of on-highway diesel dipped below $4 in the week ended March 24 – barely.
March 24, 2014
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Business
Class 8 orders in February up 30 percent year over year
The number of Class 8 truck orders in February rose 30 percent from the same month last year, building off preliminary data released earlier this month showing the rolling three-month period ending in February was one of the best three-month stretches for orders since early 2006.
March 21, 2014
Business
NAFTA trade grows in 2013 as trucking moved $679 billion in trade freight
Trucking moved $679 billion in goods between the U.S. and its North American Free Trade Agreement partners Canada and Mexico in 2013, but its overall share of NAFTA trade fell slightly from 2012 — two-tenths of a percent — to 59.7 percent, according to numbers released this week by the Department of Transportation’s Bureau of Transportation Statistics.
March 21, 2014
Business
Mesilla Valley Transportation chooses TCG for profitability analysis
Transportation Costing Group (TCG), providers of activity-based costing and profitability management tools for truckload and less-than-truckload motor carriers, announced that Mesilla Valley Transportation has chosen and implemented its Truckload Cost Information System (TL/CIS) to develop more effective profitability analyses. “We chose TL/CIS over other options because this system gives us a fully costed and highly detailed […]
March 20, 2014
Business
Con-way raising rates 5.4 percent
Con-way Freight (No. 4 in the CCJ Top 250) announced this week it will be implementing a general rate increase of an average 5.4 percent to all of its non-contract business, starting March 31.
March 19, 2014
Business
Truck tonnage climbs in February, still digging out of Jan. hole, ATA says
The amount of tonnage carried by the for-hire trucking industry rose 2.8 percent in February from January, jumping back after a cold and snowy January caused tonnage to dip nearly 5 percent in that month, the American Trucking Association reported this week.
March 18, 2014
Business
Diesel price falls 1.8 cents in biggest drop in two months
The national average price for a gallon of on-highway diesel fell in the week ended March 17 to $4.003 a gallon, according to the DOE. That’s a 1.8-cent drop and the largest week-to-week decline since the week ended Jan. 13, when the price fell 2.4 cents.
March 18, 2014
Business
’14, ’15 diesel price forecast upwardly revised, still projected to fall next two years
The Dept. of Energy’s most recent Short Term Energy Outlook projects the U.S.’ average diesel price to fall to $3.85 this year, a 7-cent drop from 2013’s average of $3.92 and a 12-cent drop from 2012’s $3.97. Those numbers, however both are upward revisions of previous projections.
March 13, 2014
Business
DOT: Freight carried in January drops again, weather could be factor
The amount of freight carried by the for-hire transportation industry fell again in January, but is still in all-time high territory, according to the Department of Transportation’s Bureau of Transportation Statistics’ monthly Freight Transportation Services Index.
March 12, 2014
Business
Prelim data shows Class 8 orders strong in February
Class 8 orders were up roughly 30 percent in February from the same month in 2013, according to research firms FTR and ACT Research, building upon other strides seen in Class 8 orders in the last half-year.
March 12, 2014
Business
Economists bullish on 2014 truck market
Economists presenting at the Heavy Duty Manufacturers Association’s 2014 Heavy Duty Dialogue are optimistic about the North American truck market heading into 2014.
March 11, 2014
Business
Diesel price average picks up a half-penny, still above $4
March diesel price swings continue to come in more lamb than lion: The national average diesel price climbed slightly, up a half-cent to $4.021 in the week ended March 10, according to the Department of Energy’s Energy Information Administration.
March 10, 2014
Business
Trucking employment flat in February, economy adds 175k jobs
The for-hire trucking industry did not add or lose any payroll jobs in February on a seasonally adjusted basis, according to the monthly employment report from the DOL, who also downwardly revised January’s preliminary figure of 3,200 added jobs to 2,600 jobs added in the first month of the year.
March 7, 2014
Business
Trucking conditions remain ‘very positive’ for fleets, FTR says
In its monthly Trucking Conditions Index, FTR says its data in January still shows conditions for trucking companies to be “in very positive territory,” as capacity remains tight.
March 6, 2014
Business
Traffic congestion spikes in 2013 on heels of economic growth, report shows
Traffic congestion in the U.S. shot up in 2013 on the heels of economic expansion, according to a report this week released by traffic data firm Inrix. 2014 could be worse, according to the report.
March 6, 2014
Business
Navistar reports $248 million loss in first quarter of 2014 FY
Navistar, maker of International brand trucks, reported a net loss of $248 million in the first quarter of 2014, stemming from lower sales brought on by its continuing transition away from EGR to SCR as a means for meeting federal emissions standards and lower sales of military vehicles, the company said.
March 5, 2014
Business
Rates spike in February, up big year over year
Per-mile rates on the spot market saw healthy spikes in all three segments — flatbed, reefer and dry van — in February, pushing rates to big year over year gains and setting a record for dry van loads, according to data released this week by load board Internet Truckstop.
March 4, 2014
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