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Economic trends: Page 76
Business
Van, reefer rates get boost from holidays, flatbed dinged by weather
The per-mile flatbed rate on the spot market hit its lowest monthly average in November since March, according to Internet Truckstop, while reefer and dry van saw jumps spurred by the holidays.
December 9, 2013
Business
Diesel price falls slightly, ends two-week streak of increases
So ends the latest streak of weekly diesel price increases — the national average price for a gallon of on-highway diesel fell in the weekended Dec. 9 a fraction of a cent to $3.879 a gallon.
December 9, 2013
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February 19, 2025
Business
Monday Money: Freight slows, rates hold in Nov.; intermodal sets record
End-of-the-year freight activity lived down to expectations in November, while spot rates held and intermodal traffic set a volume record for the month.
December 9, 2013
Business
Class 8 orders top 20k in November, still holding in ‘OK’ pattern
In what ACT Research is calling the “Great OK” for truck orders, preliminary data suggests Class 8 orders will be about 21,200 in November, ACT reports. FTR Associates has reported similar numbers. Both report slow growth, but positive year-over-year data.
December 6, 2013
Business
Trucking employment up 8,400 jobs in November, unemployment rate dips to 5-year low
A total of 8,400 payroll jobs were added to the for-hire trucking industry’s payroll in November — the first real jump since the spring of this year, coming on the heels of about six months of stagnant or no growth in the industry’s employment. Moreover, October’s preliminary employment numbers were upwardly revised to 2,400 jobs added.
December 6, 2013
Business
Economist says new regs ‘will be game-changers’
Trucking faces the largest concentration of regulatory changes in its history beginning next year, economist Eric Starks said Wednesday.
December 4, 2013
Business
Diesel price rises for second consecutive week in largest increase since early September
The national average price for a gallon of on-highway diesel rose for the second week in a row in the week ended Dec. 2, moving up 3.9 cents to $3.883, presumably spurred by increased demand from movement of goods for the holidays and consumer-related holiday activities like traveling and shopping.
December 3, 2013
Business
Class 8 orders see ‘sharp move upward,’ trailer orders jump 43 percent
Class 8 orders were strong in October, according to ACT Research, who released its monthly State of the Industry report last week. The research firm also reported a strong surge in trailer orders, saying net orders were up 43 percent from September.
November 26, 2013
Business
Diesel price increases for first time since Sept. 2, jumping 2.2 cents
The national average price for a gallon of on-highway diesel rose in the week ended Nov. 25 for the first time since September, climbing 2.2 cents to $3.844, according to the Department of Energy’s Energy Information Administration.
November 25, 2013
Business
Truck tonnage fell in October in first monthly decline since July, says ATA
The For-Hire Truck Tonnage Index, produced monthly by the American Trucking Associations, fell 2.8 percent in October, marking the indexes first decrease since July.
November 20, 2013
Business
Freight shipments rise third consecutive month, again reaches new peak
The for-hire transportation industry carried 0.8 percent more freight in September than August, marking the third consecutive monthly increase and the third straight month to hit an all-time high.
November 19, 2013
Business
Diesel price down a penny, at lowest point in nearly 5 months
The national average price for a gallon of on-highway diesel dropped another penny in the week ended Nov. 18, according to the Department of Energy’s Energy Information Administration, to $3.822 — the lowest since July 1, 2013.
November 19, 2013
Business
Diesel price tumble continues, down another 2.5 cents
The U.S. average price for on-highway diesel continued its downward momentum in the week ended Nov. 11, falling another 2.5 cents and reaching another four-month low — $3.832, according to the Department of Energy’s Energy Information Administration.
November 12, 2013
Business
For-hire trucking adds 400 jobs in October; total flat since April
The for-hire trucking industry added 400 new payroll jobs on a net basis in October, according to latest figures from the U.S. Bureau of Labor Statistics. The trucking jobs total has been essentially flat since April.
November 8, 2013
Business
FTR’s Trucking Conditions sees continued strength as expected late year decline looms
The Trucking Conditions Index, produced monthly by FTR, continued to move higher in September and approach what FTR calls a “solidly favorable range for trucking companies.” However, uncertainty in Washington and constricting hours-of-service rules are set to knock the index off kilter.
November 8, 2013
Business
Class 8 orders jumped 39 percent in October, FTR reports
Preliminary data from FTR this week shows Class 8 net orders in October rose 39 percent from September orders and totaled 25,960 in the month.
November 7, 2013
Business
Flatbed, reefer, dry van all see rates drop in October
Per-mile spot market rates for all three segments — reefer, dry van and flatbed — fell in October, sticking with trends of 2012 and 2011, according to Internet Truckstop’s monthly rate data, released this week.
November 6, 2013
Business
Diesel price continues slide, down another 1.3 cents
The national average price for a gallon of on-highway diesel fell again in the week ended Nov. 4, dropping 1.3 cents to $3.857, according to the Department of Energy’s Energy Information Administration.
November 5, 2013
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