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CCJ Top 250
Economic trends: Page 73
Business
NAFTA trade remained high in March, trucks moved 60 percent of goods
Trucks carried 60.1 percent of the $101.5 billion in trade between the U.S. and North American Free Trade Agreement partners Canada and Mexico in March, according to the Department of Transportation’s Bureau of Transportation Statistics.
May 30, 2014
Business
Truck registrations jump 8.3 percent in first quarter
New commercial vehicle registrations increased 8.3 percent for Class 3-8 vehicles in comparison to the same period last year.
May 29, 2014
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Business
Diesel price sees slight drop in fourth consecutive weekly decline
The national average price for a gallon of on-highway diesel fell nine-tenths of a cent in the week ended May 26 to $3.925, according to the Department of Energy. This is the fourth week in a row the price of diesel has declined nationally.
May 27, 2014
Business
USA Truck reaches agreement with shareholder group, adds board seats
USA Truck (#44 on the CCJ Top 250) has expanded its board of directors to accommodate the struggling carrier’s largest shareholders, a deal the current board chairman characterized as “constructive.”
May 26, 2014
Business
Many U.S. regions report trucking upswing to Federal Reserve
The U.S. Federal Reserve reported trucking and the overall economy showed improvement throughout much of the nation since March.
May 23, 2014
Business
Tonnage rises for third straight month in April, nears all-time high
The amount of tonnage carried by the for-hire trucking industry rose 1.5 percent in April from March, according to the American Trucking Associations’ monthly Fo-Hire Truck Tonnage Index, marking the third month in a row the index has increased.
May 22, 2014
Business
Analyst: Outlook positive for carriers amid sluggish economy
“A slow squeeze” is how transportation analyst Dave Ross describes what has been taking place in the transportation industry of late. But, should his predictions prove accurate, the squeeze will lead to a very favorable rate environment for carriers. Another recession could be looming, though, he said.
May 21, 2014
Business
J.B. Hunt exec talks tech strategies to deal with tight capacity, driver shortage
J.B. Hunt Senior Vice President Richie Henderson outlined key issues in the trucking industry to open the 2014 ALK Transportation Technology Summit in Princeton, N.J., offering some ideas about how communications and other technology will continue to drive “innovative responses” that improve experiences for carriers’ drivers and customers.
May 21, 2014
Business
Truckload rates surging; recent 6 percent upswing could continue
The latest indicators for trucking are headed in the right direction – unless, of course, you’re a shipper.
May 20, 2014
Business
Diesel price drops again, down 4.1 cents in May
The national average price for a gallon of on-highway diesel fell another 1.4 cents in the week ended May 19 to $3.94, following two weeks of similar declines and sinking the price 4.1 cents since the start of May, according to the Department of Energy’s Energy Information Administration.
May 19, 2014
Business
Trucking still dominant freight mode in U.S., moving 70% of goods (with inforgraphics)
Trucking is still the U.S. primary mover of freight in the U.S. and moved nearly 70 percent of all domestic freight tonnage in the country in 2013, according to the American Trucking Association’s American Trucking Trends report.
May 19, 2014
Business
Freight jumps again in March, continues rebound from cold winter
The for-hire transportation industry carried 1.6 percent more freight in March than in February. Trucking, too, saw “rapid” growth in the month, according to the DOT.
May 16, 2014
Business
Diesel drops another 1.6 cents, could be heading into expected decline
The national average price for a gallon of on-highway diesel fell again in the week ended May 12, dropping 1.6 cents to $3.948. The decreases could be the beginning of the DOE-predicted summer decline, when the national average price is expected to slide to a $3.87 summer average.
May 12, 2014
Business
Tightening capacity boosts rates, pushes Trucking Conditions Index higher
FTR’s monthly Trucking Conditions Index jumped in March by more than a point to a reading of 8.69 on the heels of what FTR says is an “extremely tight capacity” that spurred an increase in rates.
May 7, 2014
Business
Flatbed rates soar in April, reefer and van still near all-time highs
Flatbed rates soared again in April, setting another high. And although reefer and dry van rates fell off a bit, both are in record territory.
May 6, 2014
Business
Diesel price drops a cent, still up a dime year over year
The national average price for a gallon of on-highway diesel fell in the week ended May 5 1.1 cents to $3.964, ending the latest string of increases at just two weeks, according to the Department of Energy’s Energy Information Administration.
May 5, 2014
Business
Earnings report roundup: UPS, J.B. Hunt, Landstar, Werner, Old Dominion, Saia, Knight
Fleets around the country are in the midst of reporting their first quarter earnings. Here are a few notable fleets to report so far.
May 2, 2014
Business
Trucking adds 6,800 jobs in April as US hiring surges with better weather
The for-hire trucking industry added 6,800 payroll jobs in April on a seasonally adjusted basis, according to the monthly employment report released May 2 by the Department of Labor’s Bureau of Labor Statistics.
May 2, 2014
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Top Stories
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'
Get all the info on the top 250 trucking companies in America
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