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Economic trends: Page 62
Business
State’s biodiesel requirements spur lawsuit due to pricing, compatibility concerns
The Minnesota Trucking Association, with a coalition of vehicle- and fuel-industry organizations, has filed a lawsuit in federal court challenging Minnesota’s mandate of a 10 percent biodiesel blend for diesel sold within its borders.
April 20, 2015
Business
Telematics index: fleet performance is a leading economic indicator, study shows
A study by Fleetmatics shows that real-time performance data on fleets can be used on a collective basis to predict economic health
April 15, 2015
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Business
CCJ Indicators: Freight and rates surge, trucking conditions ‘modestly positive’
Trucking-specific economic indicators from the most recent week show trucking conditions to be ‘modestly positive,’ FTR says, while freight volume and raters on the spot market both saw upswings in March.
April 14, 2015
Business
Fuel prices down 3 cents last week, 19 cents in last five weeks
The national price of diesel has dropped 19 cents over the last five weeks, and it is $1.198 lower than this time a year ago, according to the Department of Energy.
April 13, 2015
Business
CCJ Indicators: Flatbed leads uptick in load availability, trucking sees NAFTA trade growth
Flatbed in the most recent week saw upswings in both load availability and per-mile rates. Meanwhile, trucking continues to carry more international freight, and truck orders have dampened.
April 8, 2015
Business
Diesel falls another 4 cents, down 16 cents in last 4 weeks
The national average price has fallen 31 out of the last 40 weeks and is $1.175 lower than the same week last year, per the DOE.
April 6, 2015
Business
CCJ Indicators: Rates in all three segments rose in March, first time since last June
Per-mile rates on the spot market rose in all three segments — flatbed, reefer and dry van — in March, with each ticking up roughly a nickel, according to Truckstop.com’s monthly rate data, released last week.
April 3, 2015
Business
Trucking drops 6,800 jobs in March, U.S. economy employment gains slow
The for-hire trucking industry’s total payroll employment shrunk by 6,800 jobs in March, according to preliminary data released April 3 by the Department of Labor. Trucking’s employment backslide came as the economy as a whole also slowed its employment gains, adding just 126,000 jobs in the month.
April 3, 2015
Business
Benchmark study: carriers margins expanding
Results from the recent 2014 TMW Transportation & Logistics Study show that most carriers were able to improve their fortunes last year as the competition for drivers grew more intense.
April 1, 2015
Business
CCJ Indicators: Driver turnover at 95% in 2014; hours, fuel boost shippers’ conditions
Driver turnover remains upward of 90 percent for small and large carriers, and 2014’s numbers point toward it worsening, ATA says.
April 1, 2015
Business
Pilot Flying J on list of objectors to $25M ‘hot fuel’ settlement, citing how money will be spent
The fuel providers object to the way the settlement funds are designated to be spent, with too little going to the victims in the case and too much going to state governments and fuel wholesalers and retailers, the objectors argue.
April 1, 2015
Business
Diesel down another 4 cents, hits five-year low
This is the third straight week the U.S. diesel average has dropped and the 30th in the last 39 weeks. The national average price was also $1.151 lower than the same week last year.
March 31, 2015
Business
CCJ Indicators: Tonnage falls in Feb. as weather slows economy, linehaul rates climb
A look at a few economic indicators reported this week: [gttable cols=””] ATA reports February tonnage drop: The amount of freight carried by the for-hire trucking industry, as measured by the American Trucking Associations’ monthly For-Hire Truck Tonnage Index, fell 3.1 percent in February, ATA reported this week. ATA Chief Economist Bob Costello cites drops […]
March 25, 2015
Business
Diesel price falls a nickel in second consecutive weekly price drop
The U.S. average also remained $1.124 lower than the same week last year.
March 23, 2015
Business
CCJ Indicators: Truck orders hang strong in Feb., trailer orders sag following order uptick
Trucking related economic indicators in the last week reveal the trailer order balloon might have popped, while truck orders stay elevated.
March 23, 2015
Business
CCJ Indicators: Post-2010 emissions used trucks growing in availability, flatbed rates jump, NAFTA truck trade climbs
Recent reports show the number of 3- to 5-year-old trucks available on the used truck market has seen an influx of late, flatbed rates are rallying and trucks continue to move more freight between U.S. and NAFTA trade partners.
March 19, 2015
Business
Carriers’ top concerns for 2015: No. 1 — Driver availability
With a steady economy, it’s unlikely the driver shortage problem weakens in 2015, and it will be of particular interest to watch driver pay trends to see how carriers can compete with other industries to grow their businesses.
March 19, 2015
Business
Just how healthy is the U.S. economy?
The U.S. economy is getting better, but just how healthy is it, really?
March 17, 2015
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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
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