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Economic trends: Page 55
Business
Diesel falls below $2 for first time since early 2005
According to the Department of Energy’s weekly report, the price of a diesel now stands at $1.98 per gallon, which is the lowest price since Jan. 24, 2005.
February 16, 2016
Business
Rates report: Reefer ticks up to start year, flatbed and van continue to sag
Spot market rates in all three segments in January continued their trend of lackluster showings, with van and flatbed both falling a few cents per mile and reefer gaining a penny, according to monthly rate data from Truckstop.com.
February 8, 2016
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Business
U.S. diesel price falls for 13th straight week, hovers at $2 a gallon
Diesel prices dropped for the 13th consecutive week this week, falling to $2.008 per gallon.
February 8, 2016
Business
Trucking adds 1,500 jobs in January, U.S. unemployment drops slightly
January’s total employment figure in the for-hire trucking industry, reported by the DOL as 1.465 million, is just over 24,000 jobs higher than January 2015.
February 5, 2016
Business
Indicators: Fleets ‘on solid ground’; freight gets post-storm boost
Latest trucking economic reports: A fleet sentiment survey offers some insights into carriers’ perspectives about 2016’s outlook truck orders continue their recent roller-coaster ride and spot market freight gets a post-storm bump.
February 3, 2016
Business
Diesel nears $2 a gallon
A 4-cent drop in the national average price of diesel fuel has prices sitting at $2.031 per gallon, according to the Department of Energy’s weekly report.
February 1, 2016
Business
Indicators: Winter conditions stymie freight demand; shippers conditions OK — for now
January’s experiencing its usual winter-blamed drop in freight demand, while conditions for shippers — based on fuel prices, truck rates and capacity — remain neutral, a knock against carriers in rates negotiations.
January 28, 2016
Business
U.S.’ average diesel price falls below $2.10 as downward trend continues
Diesel prices dropped another 4.1 cents nationwide this week, according to the Department of Energy’s weekly report.
January 25, 2016
Business
Economic expansion expected to continue through 2016, boosting trucking economy
Speaking at the Heavy Duty Aftermarket Dialogue in Las Vegas Monday, Rob Dieli benchmarked Truckable Economic Activity (TEA) at $10.6 trillion, calling the odds for a recession through September of this year “very low.”
January 25, 2016
Business
Diesel prices drop for 10th consecutive week
Most parts of the country saw significant decreases in diesel fuel prices this week, according to the Department of Energy’s weekly report.
January 19, 2016
Business
Indicators: Tonnage, freight demand rise, conditions for carriers poised for take off
Monthly truck tonnage is hovering near an all-time high, and conditions for 2016 appear strong for carriers, barring potential threats to freight demand. Here are the latest reports on tonnage, freight demand and market conditions for trucking companies.
January 19, 2016
Business
Rates report: Van and flatbed climb, reefer continues downslide
Van and flatbed rates in December rose, albeit slightly, for the first time since June 2015, according to monthly spot market rate data from Truckstop.com, while reefer rates fell for the seventh straight month.
January 19, 2016
Business
WEX signs merchant agreement with QuikTrip; Fleet One card holders get fuel rebate
WEX, a provider of corporate payment systems, has entered into a merchant agreement in which QuikTrip Corporation (“QuikTrip”) will offer rebates to WEX Fleet One Over-The-Road (“OTR”) card holders. The new merchant agreement provides WEX Fleet One OTR cardholders with $.03 rebates for every gallon pumped at any of QuikTrip’s 29 high speed diesel locations. […]
January 14, 2016
Business
Diesel prices drop below $2.20 per gallon
Diesel prices in the U.S. dropped for the ninth straight week and to the lowest price since the week of March 23, 2009, according to the Department of Energy’s weekly report. The average price of a gallon of on-highway diesel now stands at $2.177 per gallon, down 3.4 cents from last week’s numbers. The most […]
January 11, 2016
Business
Indicators: Trucking employment surged in December, another take on truck orders
For-hire trucking employment hit another all-time high in December, and another report on Class 8 truck orders for December again reveals a rebound from November’s abysmal showing.
January 8, 2016
Business
Indicators: Freight surge boosts rates, truck orders show signs of life
Rates in two major truckload segments ticked upward on the heels of a year-end surge in freight demand. Class 8 truck orders, meanwhile, climbed 70 percent from November’s ‘very concerning’ drop.
January 6, 2016
Business
Diesel prices fall for eighth straight week
For the eighth consecutive week, diesel prices have dropped across the United States.
January 4, 2016
Business
Diesel prices continue to fall, drop below $2.25 per gallon
Diesel prices dropped nearly 5 cents during Christmas week, falling to $2.235 per gallon nationally.
December 28, 2015
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