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CCJ Top 250
Economic trends: Page 72
Business
Class 8 orders remain strong in June, reports show
Two preliminary reports on Class 8 orders for June show strong year-over-year growth and a continuation of positive trends of healthy truck orders of late.
July 7, 2014
Business
Trucking gains 3,300 jobs in June, U.S. adds 288k
The for-hire trucking industry added 3,300 jobs in June on a seasonally adjusted basis, according to the monthly employment report released by the government. The U.S. economy as a whole in May added 288,000 non-farm jobs, pushing the country’s unemployment rate down to 6.1 percent — its lowest since Sept. 2008.
July 3, 2014
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Business
Rates shoot up again in June, set all-time highs
Per-mile rates on the spot market in June continued the major upward swing seen throughout most of 2014, and all three segments — flatbed, reefer and dry van — set record highs, according to July 1 data from Internet Truckstop.
July 1, 2014
Business
Diesel price nearly stagnant, but up in second straight week
The national average price for a gallon of on-highway diesel rose for the second straight week in the week ended June 30, climbing just one-tenth of a cent to $3.920, according to the Department of Energy.
June 30, 2014
Business
Diesel price jumps almost 4 cents to $3.919
The national average price for a gallon of on-highway diesel rose 3.7 cents in the week ended June 23 to $3.919, according to the Department of Energy’s Energy Information Administration. That increase broke a string of seven weeks in a row that the national price had fallen, last week hitting its lowest point since the […]
June 23, 2014
Business
Freight and rates: 5 slides from the latest reports
Freight rates continue to climb, with van prices approaching record seasonal levels, according to multiple reports out this week.
June 19, 2014
Business
Driver shortage still key industry concern, says annual logistics report
Hours-of-service changes and an increase in trucking company bankruptcies have exacerbated the trucker shortage, and significant capacity issues exist, while freight shipments rose 13 percent during the first five months of 2014, said the 25th annual State of Logistics Report.
June 18, 2014
Business
Truck tonnage rises again in May, nears all-time high
Tonnage as measured by the American Trucking Associations’ For-Hire Truck Tonnage Index rose 1 percent in May from April, ATA said June 17, following a 0.9 percent increase in April.
June 17, 2014
Business
Diesel falls another cent, at lowest point in 6 months
The national average price for a gallon of on-highway diesel fell 1 cent in the week ended June 16 to $3.882, according to the government. That’s the seventh week in a row that the national price has fallen, hitting its lowest point since the week ended Dec. 23.
June 16, 2014
Business
Freight jumps again, DOT says, as index nears record high
The amount of freight carried by the for-hire transportation industry rose 0.4 percent in April from March and was up 4.8 percent from the same month last year, according to the DOT.
June 13, 2014
Business
Diesel price dips for sixth week in a row, down 2.6 cents
The national average price for a gallon of on-highway diesel dropped again in the week ended June 9, falling 2.6 cents to $3.892, according to the Department of Energy’s Energy Information Administration.
June 9, 2014
Business
Back in business
Company: Hansen & Adkins Auto Transport, Los Alamitos, Calif. 2013 CCJ Top 250 rank: 144 2012 revenues: $186.2  million Revenue change vs. 2011: 39.3 percent Power units: 673 Trailers: 673 Drivers: 673 During the depths of the recession in 2008 and 2009, perhaps no segment of the trucking industry took a harder hit than motor […]
June 9, 2014
Business
Monday Money: Rising freight, rates ‘buck trends’ in overall economy
Economic conditions continue to be mixed, but trucking indicators continue to be more positive than the recently reported contraction in overall U.S. economic activity. That just means, as usual, truck freight and rates can be hit and miss, depending on markets, customers and lanes. Here’s a round-up of the latest reports.
June 9, 2014
Business
Trucking adds 1,500 jobs in May, economy adds 217k
The for-hire trucking industry added 1,500 jobs in May on a seasonally adjusted basis, according to the monthly employment report released June 6 by the Dept. of Labor. The U.S. economy as a whole added 217,000 jobs in the month.
June 6, 2014
Business
Navistar reports second quarter loss of $297, with $2.7 billion in revenue
Navistar International announced Thursday a second quarter 2014 net loss of $297 million on revenues of $2.7 billion. That marks an improvement over 2013′s second quarter’s $374 million net loss on revenues of $2.5 billion.
June 5, 2014
Business
Class 8 orders remain strong, up 14% year over year
Class 8 orders in May were up 14 percent from the same month last year and had their best May since 2006, according to preliminary data released by FTR and ACT.
June 4, 2014
Business
Diesel price edges down again, falls in fifth straight week
The national average price for a gallon of on-highway diesel dropped again in the week ended June 2, though only slightly, falling seven-tenths of a cent to $3.918, according to the Department of Energy’s Energy Information Administration.
June 2, 2014
Business
Rates continue big upswing in May as reefer, flatbed set records
Rates in all three segments boomed in May, continuing to build on recent per-mile upticks, according to data released June 2 by Internet Truckstop.
June 2, 2014
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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.
Economic trends
Class 8 truck orders surge 159% in February, signaling cyclical recovery
Business
ECM Transport future in question amid Werner’s One-Way reorg
Mergers & Acquisitions
Bennett Family of Companies acquires Indiana fleet
Regulations
FMCSA boss: 'We're going to bite off more than we can chew'
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