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CCJ Top 250
Economic trends: Page 74
Business
Diesel continues downward slide, drops another 1.6 cents
The national average price for a gallon of on-highway diesel fell again in the week ended April 7, down another 1.6 cents to $3.959, according to the Department of Energy’s Energy Information Administration.
April 7, 2014
Business
Class 8 orders see another solid month in March
Class 8 orders in March were solid again in March, rounding out a quarter that points toward a growth cycle for truck sales, according to data released last week by firms FTR and ACT Research.
April 7, 2014
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Business
Trucking adds 3,300 jobs in March; national unemployment holds at 6.7 percent
The for-hire trucking industry added 3,300 payroll jobs in March on a seasonally adjusted basis, according to the monthly employment report released April 4 by the Department of Labor’s Bureau of Labor Statistics.
April 4, 2014
Business
Trucking conditions decline, but still ‘good news’ for fleets, FTR says
FTR’s monthly Trucking Conditions Index fell in February to a reading of 7.54, a slight drop from January’s reading, but the index still “reflects good news for trucking fleets,” FTR says.
April 2, 2014
Business
March sees rate boom, dry van and flatbed hit record highs
Per-mile spot market rates in all three segments — flatbed, reefer, van — soared upward in March, according to data released April 1 by loadboard Internet Truckstop. Flatbed and dry van rates hit all-time highs in the time Internet Truckstop has been keeping records, since 2005.
April 1, 2014
Business
Diesel price slides again, down nearly 5 cents in three weeks
The national average price for a gallon of on-highway diesel dropped for the third consecutive week in the week ended March 31, falling another 1.3 cents to $3.975, according to the Department of Energy. The price is now down 4.6 cents since the week ended March 17.
April 1, 2014
Business
Diesel dips below $4 as US average price falls 1.5 cents
The national average price for a gallon of on-highway diesel dipped below $4 in the week ended March 24 – barely.
March 24, 2014
Business
Class 8 orders in February up 30 percent year over year
The number of Class 8 truck orders in February rose 30 percent from the same month last year, building off preliminary data released earlier this month showing the rolling three-month period ending in February was one of the best three-month stretches for orders since early 2006.
March 21, 2014
Business
NAFTA trade grows in 2013 as trucking moved $679 billion in trade freight
Trucking moved $679 billion in goods between the U.S. and its North American Free Trade Agreement partners Canada and Mexico in 2013, but its overall share of NAFTA trade fell slightly from 2012 — two-tenths of a percent — to 59.7 percent, according to numbers released this week by the Department of Transportation’s Bureau of Transportation Statistics.
March 21, 2014
Business
Mesilla Valley Transportation chooses TCG for profitability analysis
Transportation Costing Group (TCG), providers of activity-based costing and profitability management tools for truckload and less-than-truckload motor carriers, announced that Mesilla Valley Transportation has chosen and implemented its Truckload Cost Information System (TL/CIS) to develop more effective profitability analyses. “We chose TL/CIS over other options because this system gives us a fully costed and highly detailed […]
March 20, 2014
Business
Con-way raising rates 5.4 percent
Con-way Freight (No. 4 in the CCJ Top 250) announced this week it will be implementing a general rate increase of an average 5.4 percent to all of its non-contract business, starting March 31.
March 19, 2014
Business
Truck tonnage climbs in February, still digging out of Jan. hole, ATA says
The amount of tonnage carried by the for-hire trucking industry rose 2.8 percent in February from January, jumping back after a cold and snowy January caused tonnage to dip nearly 5 percent in that month, the American Trucking Association reported this week.
March 18, 2014
Business
Diesel price falls 1.8 cents in biggest drop in two months
The national average price for a gallon of on-highway diesel fell in the week ended March 17 to $4.003 a gallon, according to the DOE. That’s a 1.8-cent drop and the largest week-to-week decline since the week ended Jan. 13, when the price fell 2.4 cents.
March 18, 2014
Business
’14, ’15 diesel price forecast upwardly revised, still projected to fall next two years
The Dept. of Energy’s most recent Short Term Energy Outlook projects the U.S.’ average diesel price to fall to $3.85 this year, a 7-cent drop from 2013’s average of $3.92 and a 12-cent drop from 2012’s $3.97. Those numbers, however both are upward revisions of previous projections.
March 13, 2014
Business
DOT: Freight carried in January drops again, weather could be factor
The amount of freight carried by the for-hire transportation industry fell again in January, but is still in all-time high territory, according to the Department of Transportation’s Bureau of Transportation Statistics’ monthly Freight Transportation Services Index.
March 12, 2014
Business
Prelim data shows Class 8 orders strong in February
Class 8 orders were up roughly 30 percent in February from the same month in 2013, according to research firms FTR and ACT Research, building upon other strides seen in Class 8 orders in the last half-year.
March 12, 2014
Business
Economists bullish on 2014 truck market
Economists presenting at the Heavy Duty Manufacturers Association’s 2014 Heavy Duty Dialogue are optimistic about the North American truck market heading into 2014.
March 11, 2014
Business
Diesel price average picks up a half-penny, still above $4
March diesel price swings continue to come in more lamb than lion: The national average diesel price climbed slightly, up a half-cent to $4.021 in the week ended March 10, according to the Department of Energy’s Energy Information Administration.
March 10, 2014
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