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Economic trends: Page 54
Business
Diesel rose again, albeit slightly, in most recent week, govt reports
Diesel prices remained flat across the United States during the week ending March 28 compared to the week prior. Diesel has now increased six straight weeks.
March 28, 2016
Business
Indicators: Loosened capacity improves conditions for shippers, spot market update
Where reefer and van loads are hot, and the latest look at conditions for shippers.
March 24, 2016
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Business
Indicators: Tonnage sees major boom in February, ATA reports, reaching all-time high
The amount of freight moved by the for-hire trucking industry, as measured by the American Trucking Associations’ monthly Truck Tonnage Index, jumped 7.2 percent in February, pushing the index to its highest reading on record. ATA’s Chief Economist, however, cautions the industry to “not read too much into it.”
March 22, 2016
Business
Price of diesel continues upward trend
Diesel prices remain below $2 now in just one region in the U.S. after a two-cent increase in the country’s national average in the most recent week, ending March 21, according to the Department of Energy’s weekly report.
March 21, 2016
Business
Indicators: Spring brings freight blossom; Conditions for truck fleets stymied by January freight numbers
January freight, as previously reported, was subpar, causing market conditions for truck fleets to flounder. Here’s the latest outlook for carrier conditions and a quick look at freight volume and rates from the most recent week.
March 16, 2016
Business
Bernie Sanders says he’d work to ‘take trucks off the road’ with modern rail system if elected president
It’s unclear whether he meant all trucks or just some trucks, but speaking this weekend, presidential hopeful Sen. Bernie Sanders, running as a Democrat, told a crowd of supporters the U.S. could do “incredible things” like building a rail system to “take trucks off the roads” if he’s elected president.
March 15, 2016
Business
Diesel prices jump 7.8 cents to $2.099 a gallon
Prices increased in all regions across the U.S. last week, with the most significant increase coming in the Lower Atlantic region, where prices rose 9.1 cents.
March 14, 2016
Business
Indicators: February freight reports mixed
Two reports on February freight movement.
March 10, 2016
Business
Reefer, van and flatbed rates hit lowest per-mile averages in three years
Rates continue sliding south just 18 months after hitting record highs.
March 9, 2016
Business
U.S. diesel price rises above $2 again
Prices increased in all regions except New England, where prices dropped by seven-tenths of a cent. The most significant increase came in the Rocky Mountain region and the Midwest region, where prices increased by 4.6 cents in each.
March 7, 2016
Business
Karl Rove outlines murky path to White House
The challenges facing the country in the current U.S. election cycle are nothing new, said Karl Rove, political strategist and former senior advisor to President George W. Bush, during a keynote address at the Truckload Carriers Association’s 78th Annual Convention in Las Vegas. Rove likened the current stagnant political climate to the gridlock leading up […]
March 7, 2016
Business
Indicators: Trucking employment falls for first time since October, truck orders remain flat
The latest jobs report for the trucking industry and the latest figures on Class 8 truck orders.
March 4, 2016
Business
Fuel prices rise for second week in a row, remain below $2
The average price of a gallon of on-highway diesel now stands at $1.989, remaining below $2 a gallon for the third consecutive week.
February 29, 2016
Business
Volvo not resting on its laurels: OEM eyes new market segments after restructure
The restructuring of Volvo Group’s business units announced last month that splits Volvo Trucks and Mack Trucks into two distinct units in North America will lead to improvements in customer service and help the company streamline its sales organization and reporting, said Göran Nyberg, president of Volvo Trucks North America.
February 25, 2016
Business
Indicators: Truck tonnage ‘started soft’ in 2016, slid 1.4 % in January
The dip comes after an upwardly revised December tonnage reading that registered an all-time high on ATA’s scale, the group reports. Compared to January 2015, the index’s reading was flat in January.
February 23, 2016
Business
Country’s diesel price rises for first time in 3 months
The national average for a gallon of on-highway diesel is still below the $2 mark, however.
February 22, 2016
Business
Indicators: Trucking conditions improve, expected to remain stable; freight dipped again in Jan.
A look at January spot market freight activity and the latest on trucking market conditions.
February 18, 2016
Business
Daimler, Paccar, Volvo report increases in revenue, income for 2015
A look at 2015 numbers for truck and engine makers who’ve released earnings reports so far.
February 17, 2016
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Business
Peninsula Truck Lines adding PNW compliance surcharge
Washington-based carrier adding $3 per shipment surcharge to all freight originating in or destined for Washington and Oregon
Technology
Court halts NYSTA surcharge on commercial trucking toll management service providers
Business
Abilene Motor Express folding into Swift Transportation
Business
Quantix partnering with liquid bulk haulers MC Tank Lines, Leahy Transport
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