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Economic trends: Page 74
Business
Earnings report roundup: Paccar, Volvo, Daimler see higher sales and profits
The parent companies of six of the major U.S. truck makers saw year over year increases in sales, revenue and profits, according to earnings reports released last week.
April 30, 2014
Business
Diesel price edges up to $3.975
The national average price for a gallon of on-highway diesel rose again in the week ended April 28, climbing four-tenths of a cent to $3.975.
April 28, 2014
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March 1, 2026
Business
Truck trade with NAFTA partners grows, as does overall trade
Trade between the U.S. and NAFTA partners Canada and Mexico totaled $89.6 billion in February, and trucks moved $53.6 billion of that, according to numbers released this week by the Department of Transportation this week.
April 24, 2014
Business
Truck tonnage up slightly in March, still âclawing out of holeâ from winter
Truck tonnage rose 0.6 percent in March from February, according to the American Trucking Associationsâ monthly For-Hire Truck Tonnage Index, but tonnage is still trying to recoup losses caused by severe winter weather in December and January that sidelined freight movement.
April 22, 2014
Business
Diesel price jumps, snapping 6-week streak of drops
The national average price for a gallon of on-highway diesel jumped 1.9 cents in the week ended April 21 to $3.971, snapping a streak of six consecutive weekly drops that totaled 6.9 cents.
April 21, 2014
Business
Monday Money: Trucking, economic indicators in 5 slides
Truckload linehaul rates spiked in March, with the Cass Truckload Linehaul Index showing a 6 percent year-over-year increase â the largest in 35 months â and setting a new high. Intermodal traffic also continued to rise and a Federal Reserve survey confirms transportation demand has strengthened. Industrial production likewise has increased.
April 21, 2014
Business
Con-way Freight, ODFL, YRC Freight commit to uShip marketplace
Online freight marketplace uShip announced three top national LTL carriers â Con-way Freight, Old Dominion Freight Line and YRC Freight â have committed to uShipâs shipper-direct LTL spot rate marketplace.
April 17, 2014
Business
Diesel price continues fall, edges down fraction of a cent
The national average price for a gallon of on-highway diesel fell again in the week ended April 14, but its descent slowed some, dropping just seven-tenths of a cent to $3.952, according to the Department of Energyâs Energy Information Administration.
April 14, 2014
Business
Monday Money: 2014 capacity, demand and pricing outlook in 6 slides
The truck supply is running close to 100 percent utilization, and any combination of freight growth, productivity-draining regulations and bad weather makes for a capacity crisis, says economist Noël Perry. And guess what: The trucking industry is facing at least two of the three factors for the next couple of quarters.
April 14, 2014
Business
Diesel price expected to slide this summer by more than a dime
The average price of diesel should fall more than dime over the course of the summer, according to projections released this week by the Department of Energy, who expects diesel to average $3.87 a gallon this summer.
April 11, 2014
Business
Post.Bid.Ship: a spot market on steroids
In the early 1990s, Jarret Hamstreet started working at his fatherâs trucking company as a child. In the mid-to-late 90s, he noticed Internet-based load boards begin to appear. Later on, he decided to launch his own using the Priceline model for dynamic bidding and pricing.
April 10, 2014
Business
Q1 freight volume, spending finish strong; Q2 signals mixed, Cass report says
North American freight volume payment continued to climb in March, ending the first quarter of the year on a high note, according to the latest Cass Freight Index Report.
April 9, 2014
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 Energyâs 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
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 Laborâs Bureau of Labor Statistics.
April 4, 2014
Business
Trucking conditions decline, but still âgood newsâ for fleets, FTR says
FTRâs monthly Trucking Conditions Index fell in February to a reading of 7.54, a slight drop from Januaryâs reading, but the index still âreflects good news for trucking fleets,â 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 â flatbed, reefer, van â 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
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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 8â14 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 Wernerâs 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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