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Economic trends: Page 79
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
Business
Class 8 orders remain ‘modest’ 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 “modest.”
November 4, 2013
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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 Miles’ Fuel Surcharge Index reported a 1.5-cent drop to $3.813.
October 29, 2013
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 2012’s reading — 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 […]
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 Statistics’ 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 Energy’s 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: that’s the message delivered – yet again – by a panel of experts during this year’s crystal ball session at the American Trucking Associations’ Management Conference and Exhibition. Until the delicately balanced supply-and-demand scale tilts trucking’s 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 ProMiles’ 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 “an expected peak” 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 week’s projection that it will only average $3.93 a gallon.
October 11, 2013
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Top Stories
Business
Peninsula Truck Lines adding PNW compliance surcharge
Washington-based carrier adding $3 per shipment surcharge to all freight originating in or destined for Washington and Oregon.
Technology
Court halts NYSTA surcharge on commercial trucking toll management service providers
Business
Abilene Motor Express folding into Swift Transportation
Business
Quantix partnering with liquid bulk haulers MC Tank Lines, Leahy Transport
Mergers & Acquisitions
Koch doubles its nationwide square footage with SOS acquisition
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