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Economic Indicators

Trucking Companies Relying On Third-Party Logistics Providers As Growth Strategy

Transportation and trucking companies are increasingly relying on third-party logistics providers to grow their businesses, according to Evans Distribution Systems, a full-service third-party logistics provider of warehousing, transportation and value-added solutions. "Seventy-seven percent ...

Trucker Profit Improvement Points to Continued Rebound

A strong rebound in net margins for publicly traded truckload companies in the second calendar quarter is expected to fuel continued improvement in demand for heavy-duty vehicles and trailers, according to ACT ...

Diesel price jumps more than 6 cents

The national retail price of on-highway diesel jumped 6.3 cents to $2.991 per gallon during the weekend ended Aug. 9. The price of diesel, which is now up in three consecutive weeks, ...

Trucking adds 5,900 jobs in July

The for-hire trucking industry continued to add jobs in July even as the overall U.S. economy lost jobs, according to preliminary figures released Aug. 6 by the U.S. Department of Labor’s Bureau ...

ISM: Manufacturing sector still growing

The rebound in manufacturing is now a year old, but growth continues to slow, according to a leading index released today by the Institute of Supply Management. ISM’s composite PMI, which incorporates ...

Universal Truckload posts higher 2Q net income

Universal Truckload Services Inc. last week announced financial results for the 13- and 26-week periods ended July 3. For the 13-week period, operating revenues including fuel surcharges increased 28.7 percent, or $34.4 ...

Fleet Sentiment Buying Index Jumps 39% in Third Quarter

The Third Quarter 2010 Fleet Sentiment Report (FSR) Equipment Buying Index as reported by CK Commercial Vehicle Research jumped from the previous quarter to 90.2, the best reading in two years. The ...

Trailer Study Results Indicate Good Order Activity Through End of Year

Half of the fleets responding to a recent survey conducted by CK Commercial Vehicle Research plan to place orders for trailers before the end of 2010. Respondents to the survey questionnaire represented ...

U.S. Diesel Price Climbs 2 Cents, $2.919

The national average retail price of a gallon of diesel climbed for the first time after four consecutive weeks of falling prices, increasing 2.0 cents to $2.919 for the week ending Monday, ...

ATA Truck Tonnage Index Fell 1.4% In June

The American Trucking Associations’ advance seasonally adjusted For-Hire Truck Tonnage Index decreased 1.4 percent in June, although May’s reduction was revised from 0.6 percent to just 0.1 percent. May and June marked ...
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