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Two key economic indicators that affect trucking freight, housing starts and industrial production, exceeded expectations in April
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Fleets started ordering more trailers in April, following recent lackluster performance, although the gains were not universal across all trailer categories, according to ACT Research Co.'s State of the Industry: U.S. Trailers.
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The American Trucking Associations' advanced seasonally adjusted For-Hire Truck Tonnage Index fell 1.1% in April after rising 0.6% in March
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Softer orders and a continuation of strong build caused the Class 8 backlog to fall nearly 8,000 units to 106,407 in April, according to ACT Research.
Read More →In April, the TransCore DAT North American Freight Index achieved the highest volume in a single month since the Index was established in 1996. On a year-over-year basis, volume increased 17% and rose 3.5% compared to March volume
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The cost of raw materials, weak sales and increasing international competition are among the major concerns of heavy-duty suppliers, according to a quarterly "Supplier Barometer" survey conducted by the Heavy Duty Manufacturers Association
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The trucking industry, at least for the short term, is experiencing good recovery, according to FTR Associates Senior Consultant Noel Perry. The recovery has maybe a year and a half or two years to go, he said during FTR's "State of Freight" webinar
Read More →FTR Associates' Shippers Conditions Index for March did not show much change from the previous month. The index currently stands at -5.3, representing a moderately unfavorable condition for shippers that is expected to persist until the onset of the busy fall shipping season
Read More →After a one-month increase, the amount of freight carried by the for-hire transportation industry fell 0.8% in March from February, reports the Bureau of Transportation Statistics' Freight Transportation Services Index. The March level was 16% above the April 2009 low during the recession
Read More →Economic growth is expected to continue in the United States throughout the remainder of 2012, say the nation's purchasing and supply executives in their spring 2012 Semiannual Economic Forecast
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