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Economic trends: Page 69

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
diesel forecast 1014
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
MCE economy
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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
Sept 14 jobs
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
Loves
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
BarrNunn ICYMI
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
Screen Shot 2014-08-05 at 8.54.59 AM
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
Screen Shot 2014-08-25 at 4.32.25 PM
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
canada
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
JB Hunt cover
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
reefer dock shipper 2
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
Driver
Business
Tonnage hit record high in August, ATA says
Tonnage carried by the for-hire trucking industry rose 1.6 percent in August, as measured by the American Trucking Associations’ seasonally adjusted For-Hire Truck Tonnage Index, pushing the measure of freight movement to its highest reading on record.
September 25, 2014
09 23 14 -- Tonnage Graphic for Web Post
Business
Survey: 3PL execs project sustained growth; note capacity issues, rise of e-commerce
Executives at 3PLs are confident about the current state and future revenue growth of their companies and the regional industries, according to the 21st Annual Surveys of Third-Party Logistics Provider CEOs.
September 23, 2014
Business
Diesel continues price plummet, hits 26-month low
The national average price for a gallon of on-highway diesel fell another 2.3 cents in the week ended Sept. 22 to $3.778, according to the Department of Energy. That’s the lowest average diesel price since the week ended July 16, 2012, and the 12th straight week that the price of diesel has either dropped or remained flat.
September 22, 2014
Screen Shot 2014-08-25 at 4.32.25 PM
Business
ICYMI Index: 5 key numbers from this week’s top trucking news
The weekly In Case You Missed It Index features a handful of noteworthy numbers at the heart of recent trucking news.
September 19, 2014
Platooning
Business
Smaller carriers move in as large TLs struggle to meet demand; active carrier ranks swell
Spot shortages of trucks don’t make for a national capacity crunch, but they are creating opportunities for small and medium-size trucking companies. Medium-size carriers are increasingly turning to the spot market for their bread and butter, and the number of new DOT-authorized carriers has surged with spot rates and freight availability in 2014.
September 16, 2014
photo_vnl-daycab-at-dock
Business
Diesel resumes price tumble, hasn’t increased since June
The national average price for a gallon of on-highway diesel fell again in the week ended Sept. 15, according to the Department of Energy, who reported it as down another 1.3 cents to $3.801. The U.S.’ average price has not increased since the week ended June 30 and is at its lowest point in over two years.
September 15, 2014
Screen Shot 2014-08-25 at 4.32.25 PM
Business
Freight up again in July, index nears all-time high
The amount of freight moved by the for-hire transportation industry in the U.S. in July rose nine-tenths of a percent from the month prior, as measured by the DOT. The Index is just half a percentage point shy of its all-time high.
September 11, 2014
bts41_14
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Regulations
Workforce Pell Grant unlocks funds for CDLs, diesel tech certs
Pell Grants would be available for programs lasting 8–14 weeks, helping students fund CDL and certain diesel mechanic certifications.
Istockphoto 518014085 612x612
Economic trends
Class 8 truck orders surge 159% in February, signaling cyclical recovery
Chief Financial Officer Chris Wikoff noted that last year, average truck count in Werner's One-Way division, where ECM operated, was 2,386, a 10% decrease year-over-year.
Business
ECM Transport future in question amid Werner’s One-Way reorg
Founded in 2012, NHH Services provides specialized transportation and project management services throughout the United States and Canada, with expertise in heavy haul, flatbed, general freight, and complex cargo movements.
Mergers & Acquisitions
Bennett Family of Companies acquires Indiana fleet
FMCSA Administrator Derek Barrs speaks at TCA Truckload 2026.
Regulations
FMCSA boss: 'We're going to bite off more than we can chew'
CCJ Top 250
Get all the info on the top 250 trucking companies in America
View, sort and download the trucking industry’s most comprehensive ranking of for-hire carriers in North America, based on a blend of metrics including fleet size, annual revenue and number of drivers.
Get the free report
White Papers
Good for the Fleet, good for the community
Improve service for your residents, increase safety, and save taxpayer dollars with video telematics and AI for your public sector fleet.
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