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Economic trends: Page 68
Business
Diesel price sees biggest week-to-week drop since April 2013
The national average price for a gallon of on-highway diesel fell 3.5 cents in the week ended Oct. 13 to $3.698, according to the Energy Department, which is the largest price drop since April 2013 and the lowest diesel average since July 2012.
October 15, 2014
Business
Class 8 orders in September strongest in nearly a decade
According to preliminary data orders were up 27 percent from a year ago, making September the twenty consecutive month to show year-over-year improvement. Class 8 orders for the latest six month period through September annualize to 310,000 units.
October 13, 2014
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Business
ICYMI Index: 5 key numbers from this week’s top trucking news
Couldn’t make it to San Diego for four or five days of ATA MC&E? Fake it by reviewing four or five slides from the weekly In Case You Missed It Index.
October 10, 2014
Business
Cass: Volume, rates expected to ‘level off’ in fourth quarter
The freight sector was relatively flat in September, with a drop in North American shipment volume and a slight increase in total freight expenditures, or payments, according to the latest Cass Freight Index. Other freight indicators have shown that shipment weights have been rising steadily, so a decrease in the actual number of shipments does not […]
October 10, 2014
Business
Spot market freight, rates mixed to close out September
Spot freight availability rebounded 1.5 percent last week, according to DAT’s analysis of the market for the week ending Oct. 4. National average rates for vans regained a penny, flatbed rates rose 3 cents and reefer rates declined a nickel, compared to the previous week.
October 10, 2014
Business
Supply-demand dynamics continue to favor truckers, FTR says
FTR’s Trucking Conditions Index has increased again, continuing an upward trend that reflects an uneasily tight capacity situation.
October 9, 2014
Business
DOT freight measure hits new high
The amount of freight moved by the for-hire transportation industry in the U.S. continues to climb, reaching an all-time high as measured by the DOT’s monthly Freight Transportation Services Index.
October 9, 2014
Business
DOE’s diesel price forecast revised downward; fuel projected to fall through year’s end
The price for a gallon of diesel will continue to drop through the end of the year, the Department of Energy projected Tuesday.
October 8, 2014
Business
ATA economist: Freight volumes rising, but so is driver turnover; trucking growth at risk
Even as freight volumes continue to improve, the looming driver shortage could hold back growth in the trucking industry, ATA Chief Economist Bob Costello told the annual Management Conference & Exhibition Monday.
October 7, 2014
Business
Trucking adds 3,800 jobs in September; national unemployment falls to 5.9 percent
Jobs in the for-hire trucking industry jumped 3,800 in September on a seasonally adjusted basis, according to the monthly employment report released Oct. 3 by the Department of Labor’s Bureau of Labor Statistics. The U.S. economy as a whole in September added 248,000 non-farm jobs, BLS reports, and the national unemployment rate fell to […]
October 3, 2014
Business
Who’s Who: Truckers on the Forbes 400 billionaires list
Don’t feel bad if you didn’t make the latest Forbes 400 list of America’s wealthiest people; I just checked and, once again, I didn’t make it either. But a handful of truckers, or people very involved with the trucking industry, did.
October 3, 2014
Business
ICYMI Index: 7 key numbers from this week’s top trucking news
The In Case You Missed It Index is your cheat sheet for the week’s top trucking news. Impress attractive people with your ready grasp of the most essential industry developments.
October 3, 2014
Business
Flatbed, van rates see small rate drops in Sept., but rates remain strong
Per-mile rates on the spot market fell in September in both dry van and flatbed segments, but reefer saw a small uptick. Rates in all three segments remain well above the same month last year.
October 2, 2014
Business
Diesel at lowest point since June 2012, continues tumble
The national average price for a gallon of on-highway diesel fell 2.3 cents in the week ended Sept. 29 to $3.755, according to the DOE. That’s the 11th consecutive week that the price of diesel has fallen, pushing the national average price to its lowest point since mid-June 2012.
September 30, 2014
Business
Truck freight continues to push NAFTA trade growth
The amount of freight moved between the U.S. and North American Free Trade Agreement partners Canada and Mexico topped $100 billion for the fifth straight month in July, with trucks moving 60 percent of that and carried month-to-month and year-over-year growth.
September 29, 2014
Business
Monday Money: White paper explains trucking challenges, rising costs
Carriers looking to explain rising costs to customers – and to make sense of the rate increases needed to cover those costs – need look no further than a new white paper meant to detail the current challenges faced by the trucking industry.
September 29, 2014
Business
Got capacity? Drivers, demand and ‘darn’ regs
In a closing panel, moderator Mike Regan joked that the 2014 CSCMP Annual Global Conference could have been renamed simply: “Got capacity?”
September 26, 2014
Business
ICYMI Index: 5 key numbers from this week’s top trucking news
The In Case You Missed It Index: Using the latest picto-mnenomic hueristics, ICYMI gives you the week’s top stories in 5 slides. Ideal for weekend cocktail party conversation starters.
September 26, 2014
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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
Mergers & Acquisitions
Koch doubles its nationwide square footage with SOS acquisition
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