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Economic trends: Page 48
Business
Indicators: Spot market rates outpacing contract rates since recession, rates lag market by several months
Insight into spot market pricing vs. contract rates, based on research conducted by FTR and Truckstop.com.
August 30, 2016
Business
Diesel prices top $2.40 per gallon mark following two big jumps
With a 3.9-cent increase during the week ending Aug. 29, the price of a gallon of on-highway diesel now stands at $2.409, according to the Department of Energy’s weekly report.
August 29, 2016
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Business
Carriers, brokers using tech to improve bid response during 2016 freight recession
Bid packages from shippers can be time consuming with hundreds – and potentially thousands – of lanes to analyze and respond to with pricing.
August 25, 2016
Business
U.S. Bank creates single Voyager Fleet Card for class 1-8 vehicles; TravelCenters of America accepts
U.S. Bank announced a new single Voyager Fleet Card solution for fleets that have local and OTR operations and mixed vehicle classes.
August 24, 2016
Business
Indicators: Tonnage continues to fall, spot market freight dips
Freight tonnage for the for-hire trucking industry slipped again in July. The spot market also saw a decline in freight volume. More numbers here…
August 23, 2016
Business
Diesel prices jump 6.6 cents in most recent week
Despite the 7-cent increase in the region, the cheapest fuel can still be found in the Gulf Coast region at $2.249 per gallon.
August 22, 2016
MarketPulse
CCJ MarketPulse – June 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 June 2016 CCJ MarketPulse survey: Business conditions in June held relatively steady compared to the previous month, up to 5.6 from […]
August 19, 2016
Business
Diesel prices fall less than a cent during last week
The U.S.’ average for a gallon of on-highway diesel is now $2.31 following the six-tenths of a cent decrease during the week.
August 16, 2016
Business
Here’s how much trucking paid in highway user taxes in 2015
ATA’s annual Trucking Trends report for 2016 revealed the industry took in $726.4 billion in freight revenue, accounting for 81.5 percent of all revenue spent in the U.S. on freight transportation. Here’s how much of that was paid in highway use taxes.
August 11, 2016
Business
Indicators: ‘Trucking conditions’ continue to sag, but have rates bottomed out?
Market conditions for trucking companies continue to remain suffocated by slow freight, according to the latest reading of FTR’s Trucking Conditions Index. But there could be a silver lining, says FTR’s Jonathan Starks: “Recent data indicates that both contract and spot rates may have hit bottom and could be moving back up.”
August 9, 2016
Business
Diesel prices fall for sixth consecutive week
The price of a gallon of on-highway diesel dropped an average of 3.2 cents across the nation to $2.316 per gallon.
August 8, 2016
Business
Charts: Largest carriers saw declines in revenue, income in 2016’s second quarter
In line with the myriad of economic indicators and reports in recent months showing a decline in demand for trucking services and associated declines in trucking rates, the country’s largest publicly traded trucking companies saw sliding revenues and profits in 2016’s second quarter, according to publicly available earnings reports.
August 8, 2016
Business
For-hire trucking employment gains jobs for first time since January
July’s total employment figure in the for-hire trucking industry, reported by the DOL as 1.455 million, is the first jobs gain since January.
August 5, 2016
Business
ATA report shows trucking’s freight dominance grew in 2015
The American Trucking Associations released a report Aug. 4 that showed trucking posted gains in employment, number of truck drivers and truck sales through 2015. The report also reveals trucking’s share of U.S. freight and the dollar amount of freight billings both grew last year, too.
August 4, 2016
Business
Diesel prices fall to lowest point since mid-May
Diesel prices fell another 3.1 cents during the week ending Monday, Aug. 1, according to the weekly report from the Department of Energy.
August 1, 2016
Business
Rates reverse course in July as all three major segments decline
Per-mile rates on the spot market tumbled in July in all three major truckload segments. The declines come following three months of mostly positive rate showings on the spot market.
August 1, 2016
Business
Report from the Fed shows slowdown in trucking activity
The Federal Reserve reports a recent drop in demand for trucking services, while ports and the overall economy showed modest progress.
July 27, 2016
Business
Diesel’s summer decline continues
The average price for a gallon of on-highway diesel is now $2.379, a 2.3-cent drop from the previous week’s price.
July 25, 2016
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