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ACT Research Co. remains bullish on Class 8 in the medium to longer term, according to the February issue of the ACT North American Commercial Vehicle Outlook, published by ACT Research
Read More →TransCore's North American Freight index marked a record high for the month of January, up 5% compared to January 2011. Month-over-month, January's spot market freight volume slipped 8% compared to December
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The rise in linehaul rates leveled off a bit during January, according to the Cass Truckload Linehaul Index, but nevertheless hit their highest point since the January 2005 date where the Cass Index data begins
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Total cargo thefts in Mexico rose 13% for the year, according to the FreightWatch International 2011 Mexico Cargo Theft Report
Read More →The amount of freight carried by the for-hire transportation industry rose 3.9% in December from November, the largest monthly rise in 17 years, bringing the level of freight shipments to an all-time high, according to the U.S. Department of Transportation's Bureau of Transportation Statistics' Freight Transportation Services Index
Read More →Preliminary data shows January Class 8 truck total net orders of 24,906 units for all major North American OEM's, according to FTR Associates
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January saw a slight decline in freight shipments compared to December, with freight expenditures essentially flat, according to January's Cass Freight Index Report.
Read More →North America medium and heavy-duty GVW Classes 5-7 and Class 8 commercial vehicle preliminary net orders for January were in line with expectations, reports ACT Research Co.
Read More →FTR's Trucking Conditions Index, as reported in the February 2012 Trucking Update, increased in December to a reading of 7.0
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While fears of a double-dip recession are easing, GDP and industrial production numbers suggest 2012 will not be as robust as 2011. As recently as June, economists were predicting growth of 3 to 3.5 percent for 2012, but new consensus forecasts are calling for growth of just 2 to 2.5 percent. That one percentage point drop means we may need about 20,000 fewer new trucks this year
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