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Economic trends: Page 67

Business
Trucking conditions remain strong as industry walks tight line on capacity crisis
Increased rates and strong economic indicators held trucking conditions in strong favor for motor carriers in September, according to FTR’s monthly Trucking Conditions Index.
November 13, 2014
photo_vnl-daycab-at-dock
Business
Year-long study reveals trucking trends in social media
A year-long study of trucking industry trends in social media was recently completed by TrueVoice on behalf of GE Capital, Transportation Finance. The study involved a search of 250 million online outlets and revealed the most common areas of conversation.
November 11, 2014
GE
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Business
U.S. diesel price rises for first time since June
The national average price for a gallon of on-highway diesel rose 5.4 cents in the week ended Nov. 3 to $3.67, according to the Energy Department. The increase snaps an 18-week streak of drops (except for one week in September in which the price saw no change) and is the largest week-to-week price increase since last September.
November 10, 2014
Screen Shot 2014-11-10 at 4.52.27 PM
Business
ICYMI Index: 6 key numbers from the past week’s top trucking news
The In Case You Missed It Index is a quick refresher on the past week’s top trucking stories. A quick spin through 6 slides and you’re fully informed and ready to the hit road running.
November 10, 2014
Keppler
Business
Trucking adds 3,900 jobs in October as U.S. unemployment rate falls to 5.8%
The for-hire trucking industry added 3,900 jobs in October on a seasonally adjusted basis, according to the Department of Labor’s monthly employment report. The DOL also upwardly revised the number of trucking jobs for August and September, with August getting an additional 1,500 jobs and September another 1,800.
November 7, 2014
Screen Shot 2014-11-07 at 8.03.02 AM
Business
Class 8 orders ‘phenomenal’ in October on heels of rising freights, improving economy
Preliminary data of Class 8 truck orders for October show a record number of trucks ordered, according to multiple data firms.
November 5, 2014
truck lot
Business
U.S. diesel prices continue tumbling, at lowest point since early 2011
The national average price for a gallon of on-highway diesel fell another 1.2 cents in the week ended Nov. 3 to $3.623, according to the Department of Energy’s weekly report, as the country’s diesel price remains at a near four-year low.
November 3, 2014
Screen Shot 2014-11-03 at 4.15.37 PM
Business
Spot market rates continue seasonal decline in October, stay strong
Per-mile rates on the spot market fell for the fourth straight month in October, mostly in line with seasonal trends, but they remained strong and much higher than Octobers in recent years, according to data released Nov. 3 by Internet Truckstop.
November 3, 2014
Screenshot 2014-07-01 at 1.00.39 PM
Business
ICYMI Index: 5 key numbers from this week’s top trucking news
The weekly In Case You Missed It Index reviews the top stories from, you guessed it, the past week. It’s a cheat sheet for those who haven’t been doing their homework.
October 31, 2014
split sleeper
Business
Diesel hits lowest average since early 2011
The national average price for a gallon of on-highway diesel hit its lowest point in nearly five years in the week ended Oct. 27, falling 2.1 cents to $3.635.
October 28, 2014
Screen Shot 2014-10-28 at 9.21.51 AM
Business
Federal Reserve: Trucking’s capacity constraint a concern, industry costs rising
A recent report from the Federal Reserve Bank found trucking and rail capacity constraints in several U.S. regions and modest to moderate economic growth nationwide.
October 27, 2014
truck on highway
Business
Monday Money: Trucking M&A on the rise along with TL rates, intermodal volume
The Monday roundup of the latest financial data and analysis includes updates on deal-making activity, linehaul rates, intermodal volume and NAFTA trade.
October 27, 2014
PWC 2
Business
ICYMI Index: 5 key numbers from this week’s top trucking news
It’s a fact: Retention is improved by repetition. And a picture’s worth 1,000 words. So the weekly In Case You Missed It Index will make readers several thousand times more knowledgable than those who don’t bother to take a minute or so to flip through the graphics.
October 24, 2014
Driver pay survey
Business
FedEx projects record holiday shipping season, plans to add 50,000 seasonal positions
FedEx is forecasting another record holiday, and projects Dec. 15 to be the busiest day in company history with a forecasted 22.6 million shipments moving around the world.
October 23, 2014
Ground
Business
Truck tonnage remains level at record high in September
Truck tonnage was unchanged in September from August and remains at a record high, according to ATA data, and 2014’s third quarter average was the highest on record.
October 22, 2014
10 21 14 -- Tonnage Graphic for Web Posting
Business
Diesel price continues slide, falls another 4.2 cents
The national average price for a gallon of on-highway diesel fell 4.2 cents in the week ended Oct. 20 to $3.656, according to the Department of Energy’s weekly report, marking the 16th week in a row without an increase. The price of diesel has now fallen every week since the first week of the July, […]
October 20, 2014
Screen Shot 2014-08-25 at 4.32.25 PM
Business
ICYMI Index: 6 key numbers from this week’s top trucking news
In this edition of the In Case You Missed It index, a picture book of the week’s top trucking news, we compare polls.
October 17, 2014
driver cab
Business
Spot market remains strong as freight volume booms
Spot market volume in September jumped 32 percent compared to the same month last year, according to the monthly DAT Freight Index, continuing more than a year of strong year-over-year increases. Though freight availability dropped 5.5 percent from August (in line with seasonal trends), load availability compared to September 2013 rose in all three segments […]
October 16, 2014
DAT’s Oct. 5-11 update on rates shows a small dip in flatbed rates but small increases in dry van and reefer.
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Top Stories
Peninsula Truck Lines, Inc. announced today that it will implement a Pacific Northwest Compliance Surcharge to help offset the rising regulatory and compliance costs associated with operating in Washington and Oregon.
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
Electronic Toll
Technology
Court halts NYSTA surcharge on commercial trucking toll management service providers
Abilene will continue operating through Tuesday, January 27, the company said, maintaining its commitment to safe, reliable, and professional service as resources transition to Swift.
Business
Abilene Motor Express folding into Swift Transportation
Partnerships with MC Tank Lines and Leahy Transport brings the Quantix network to more than 70 locations.
Business
Quantix partnering with liquid bulk haulers MC Tank Lines, Leahy Transport
Koch said their Strategic acquisition of SOS to accelerates growth, expands reach, and bolsters geographic and industry-specific offerings for Koch Logistics & Warehousing.
Mergers & Acquisitions
Koch doubles its nationwide square footage with SOS acquisition
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