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Economic trends: Page 48
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
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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
MarketPulse
CCJ Marketpulse – August 2016
The CCJ MarketPulse is a short survey of 200 for-hire fleet executives. Its purpose is to gauge fleet sentiment regarding monthly business conditions and concerns as well as hiring and purchasing plans. Here are the key findings from the August 2016 CCJ MarketPulse survey: Carrier sentiment for business conditions in August rose from July, up […]
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
Business
Diesel prices jump to highest point in nearly a year
A considerable increase in the average price of diesel across the U.S. during the most recent week has diesel prices at their highest point in 11 months, according to the Department of Energy’s weekly report.
October 11, 2016
Business
Indicators: Trucking employment stumbles in September
Following several years with steady employment growth in the industry, 2016’s seen mostly a downward trend, highlighted by five straight months of job losses between March and June. July and August both saw trucking employment gains. September, however, saw another dip in industry employment.
October 7, 2016
Business
Reefer rates dip in September, van and flatbed steady
Spot market rates for van and flatbed segments were mostly unchanged in September, according to monthly rate data from Truckstop.com, while reefer rates fell a dime from the month prior.
October 5, 2016
Business
Economic panel: Slow going for U.S. economy
The anemic economic recovery also is reflected in the trucking industry, with total truckload volumes flat on a year-over-year basis, said Bob Costello, ATA chief economist and session moderator. “Freight has slowed down but we kept adding some capacity,” he said.
October 3, 2016
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