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Economic trends: Page 77
Business
Class 8 orders remain āmodestā in September, ACT reports
Class 8 net orders in September totaled 19,018 units, says ACT research in its monthly report, released in October. September is usually the second weakest month of the year, ACT said, orders were expected to be āmodest.ā
November 4, 2013
Business
Diesel down 1.6 cents week to week, hits lowest point since July
The national average price for a gallon of on-highway diesel dropped 1.6 cents in the week ended Oct. 28 to $3.870, according to the EIA. Pro Milesā Fuel Surcharge Index reported a 1.5-cent drop to $3.813.
October 29, 2013
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Business
Truck tonnage jumped 1.4 percent in September, ATA says
The For-Hire Truck Tonnage Index rose 1.4 percent in September over August, marking an 8.4 percent increase from September 2012ās reading ā the largest year-over-year gain since December 2011.
October 23, 2013
Business
Daimler execs provide market update, call for unified global emissions standards
During the 2013 American Trucking Associations Management Conference & Exhibition in Orlando, Daimler Trucks North America President and CEO Martin Daum, and newly appointed CEO of Daimler Trucks Wolfgang Bernhard sat down with the trucking media for global and NAFTA market updates. Bernhard, who replaced former Daimler Trucks CEO Andreas Renschler earlier this year, is [ā¦]
October 22, 2013
Business
Trucking adds 1,000 jobs in September
The for-hire trucking industry added 1,000 new payroll jobs on a seasonally adjusted basis in September, according to the Bureau of Labor Statisticsā monthly unemployment report.
October 22, 2013
Business
EIA says diesel price unchanged, ProMiles reports small drop
The national average price for a gallon of on-highway diesel did not change from the prior week in the week ended Monday, Oct. 21., remaining at $3.886, according to the Department of Energyās Energy Information Administration.
October 22, 2013
Business
ATA economy panel: Low GDP growth, higher costs will pressure carrier margins
More of the same from the economy, with a real chance for rate traction just over the next hill: thatās the message delivered ā yet again ā by a panel of experts during this yearās crystal ball session at the American Trucking Associationsā Management Conference and Exhibition. Until the delicately balanced supply-and-demand scale tilts truckingās way, the bottom line for carriers is to continue to guard the bottom line.
October 21, 2013
Business
Diesel price down a cent, remains down nearly 30 cents from 2012
The national average price for a gallon of on-highway diesel fuel dropped one cent in the week ended Oct. 14 to $3.834, according to ProMilesā Fuel Surcharge Index. The national average is 29.2 cents lower than the same week in 2012.
October 14, 2013
Business
Trucking conditions improve in August, but hours impact approaching says FTR
The Trucking Conditions Index, produced monthly by FTR Associates, moved to a reading of 9.52 in August, which FTR is calling āan expected peakā before the conditions begin to deteriorate. Watch out for Washington, too, FTR says.
October 14, 2013
Business
Diesel price projections for 2013 and 2014 see significant drops
The DOE has once again changed its projection for diesel prices in 2013, this time downwardly revising an early September forecast that it would average $3.96 a gallon to this weekās projection that it will only average $3.93 a gallon.
October 11, 2013
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Business
Multimodal group established to modernize freight movement
More than four-times as much freight by value movesĀ by truck than its nearest competitor but all modes are intertwined.
Business
Two rail carriers join forces, go after Memphis to Nashville truck freight
Equipment controls
International kicks off self-driving truck trials with fleets
Technology
How fleets can protect themselves from cyber criminals
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