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The average retail selling price for a used Class 8 truck dropped to $48,643 in May, down 6% month over month but 3% above the average price in May 2011. On a year-to-date basis, prices remained 13% above last year's pace, according to ACT Research Co
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Trade using surface transportation between the U.S. and its North American Free Trade Agreement partners, Canada and Mexico, was 8.2% higher in April 2012 than in April 2011, totaling $79.8 billion, according to the Bureau of Transportation Statistics of the U.S. Department of Transportation.
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Trailer industry orders softened in May, reports ACT Research Co. Given that orders in May have fallen below April volumes in 10 of the past 12 years, the decline was anticipated
Read More →In an environment that should support healthy demand, ACT Research says a lack of confidence by the credit-buyer side of the market is at the root of the three-month downturn experienced in the Class 8 market
Read More →The American Trucking Associations' advanced seasonally adjusted For-Hire Truck Tonnage Index dropped 0.7% in May after falling 1.1% in April.
Read More →Truckable Economic Activity, a trucking-specific economic indicator developed by MacKay & Company, posted another advance in the first quarter of 2012, paced by gains in four of its five components.
Read More →Retail prices for Class 8 sleeper tractors continued to rise from January through April, despite average mileage near record highs, says Chris Visser, senior analyst with the American Truck Dealers' Commercial Truck Guide, a division of the National Automobile Dealers Association
Read More →Total U.S. business logistics costs in 2011 rose to $1.28 trillion, a 6.6% increase from the previous year and accounting for 8.5% of the U.S. gross domestic product, according to the Council of Supply Chain Management Professionals' 23rd Annual "State of Logistics Report," presented by Penske Logistics
Read More →The amount of freight carried by the for-hire transportation industry rose 0.2% in April from March, rising after a one-month decline, according to the U.S. Department of Transportation's Bureau of Transportation Statistics' Freight Transportation Services Index
Read More →After a one quarter reprieve, the annualized turnover rate for large truckload fleets rose slightly in the first quarter of 2012 while small truckload fleets saw a tremendous surge in turnover, according to American Trucking Associations' Chief Economist Bob Costello
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