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Economic Indicators

Truck tonnage up, again

For-hire truck tonnage was up in February, marking a jump for four straight months for the first time in more than two years. The downside was January tonnage was weaker than expected. The ...

Class 8 numbers drag down February sales

Medium- and heavy-duty truck sales fell 3.9 percent in February, with Class 8 anchoring the decline, WardsAuto data shows. Class 8 deliveries slid 15.2 percent to 12,546 units as International, PACCAR and Volvo Trucks each saw double-digit ...

Owner-operator population on the rise

The owner-operator population increased 6.2 percent last year in the wake of the recession, and the trend should continue in 2013, according to Overdrive-sponsored research. Commercial Motor Vehicle Consulting tracks owner-operator businesses for ...

Trucking Conditions Index jumps

FTR’s Trucking Conditions Index (TCI) for January as reported in the March 2013 Trucking Update climbed 2.2 points from the previous month to a new reading of 10.6. The upward trend in the ...

Navistar beats Q1 expectations amid slumping sales

Revenues from Navistar's truck segment declined nearly 21 percent to $1.7 billion in the first quarter of 2013, posting a loss of $58 million compared to a loss of $27 million in the ...

FTR’s Starks answers freight questions for Big Truck TV

During a February Big Truck TV interview FTR President Eric Starks answered questions about the current state of the equipment market.  Starks addressed the following issues: What is the current state of the nation’s ...

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 ...
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