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Economic Indicators

Diesel prices fall slightly

Diesel prices made an about face this week, falling for the first time in seven weeks. This week's price fell 2.9 cents to $4.13 a gallon, the Department of Energy said. Diesel’s first drop ...

Class 8 orders hit year-long high in February

North American Class 8 preliminary net orders for February rose both month-over-month and year-over-year, narrowly topping October 2012 to reach its highest point since January 2012, according to ACT Research. The final numbers, ...

Northwood University publishes newsletter

The February 2013 edition of the Northwood University monthly economic outlook newsletter is now available online here. Northwood says its newsletter is published on a monthly basis and is intended to provide a ...

Sleeper sales mixed in January

NADA reports that data provided to the organization this month by dealers and OEMs show average retail price of used sleeper tractors was down 2.2 percent in January. According to NADA, the average ...

Report: Medium, heavy-duty sales will grow globally this year

Frost & Sullivan forecasts the combined GDP of key commercial vehicle markets to grow at 3 to 3.5 percent in 2013, stoking a growth of more than 4 percent in medium-heavy truck ...

Monthly Leasing and Finance Index up in January

The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $725 billion equipment finance sector, showed ...

Sales of used Class 8 trucks falls 6 percent

Used Class 8 truck sales dipped 6 percent in January, falling 6 percent from December and 3 percent compared to January 2012, according to ACT Research. “While one data point does not make ...

Diesel prices continue to climb

After two straight weeks of soaring jumps, the price of diesel leaked up 0.2 cents to $4.159 a gallon the Department of Energy said Monday. The price of fuel has climbed for sixth ...

FTR to host State of Freight webinar

FTR will host a 90 minute webinar next month featuring insights from Noel Perry and Larry Gross. The event will be moderated by FTR President Eric Starks and there will be time ...

Business conditions ‘soft’ but stable

"Soft" market conditions have forced many owner-operators to turn in leased vehicles prematurely, Commercial Motor Vehicle Consulting (CMVC) CV Parts Aftermarket Leading Indicator (PLI) suggests.  The PLI decreased slightly in January 2013 to 97.71 ...

Daimler sets 2013 truck sales expectations

At a press conference in Los Cabos, Mexico, Daimler Trucks North America and Daimler Trucks Mexico executives announced truck sales projections for 2013 while reviewing 2012 performance. In the Class 6-8 NAFTA marketplace, ...

Monthly Confidence Index rises again in February

The Equipment Leasing & Finance Foundation announces the February 2013 Monthly Confidence Index in the equipment finance market is up for the third consecutive month at 58.7, an increase from the January ...

Trailer orders plummet in January

Despite orders strong enough to generate a small gain in January backlog, orders for new trailers crashed more than 30 percent from December. "A total of 20,357 net orders were booked in January, ...

Truck tonnage highest in 5 years

The American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index increased 2.9 percent in January after jumping 2.4 percent in December. Tonnage has surged more than 2 percent every month since ...
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