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If the situation weren't serious enough already, the international credit rating agency, Standard & Poors, warns that further bickering and infighting could result in further rating downgrades. Meanwhile, oil prices on Asian markets fell below $84 in Singapore at midday -- more than three dollars lower than Friday's New York close.
Read More →According to the Q3 2011 Fleet Sentiment Report, conducted by CK Commercial Vehicle Research, 40% of responding fleets say they are already feeling the impact of the shortage of qualified drivers
Read More →Preliminary data just released by FTR Associates shows July Class 8 truck total net orders for all major North American OEM's at 18,532, the lowest monthly total since September of 2010
Read More →Trade using surface transportation between the United States and Canada and Mexico was 15.7% higher in May 2011 than in May 2010, totaling $77.3 billion, according to the Bureau of Transportation Statistics of the U.S. Department of Transportation
Read More →Containerized ocean imports moving through U.S. seaports in June declined 1.7% year-over-year, but were still up 6.3 percent in the first half of the year, reported The Journal of Commerce/PIERS
Read More →The Ceridian-UCLA Pulse of Commerce Index, issued by the UCLA Anderson School of Management and Ceridian Corporation, rose 1% in June on a seasonally and workday adjusted basis
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The American Trucking Associations delivered its second quarter report Tuesday, outlining an industry, and an economy, struggling to overcome recession. Chief Economist Bob Costello pulled no punches about our precarious recovery, yet offered a generally bright look toward the future in the webinar. "In terms of a summary, I am cautiously optimistic that we can have a better second half of the year," Costello said. "But it is not a given.
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In June 2011, TransCore's spot freight index marked the sixth consecutive month with the highest same-month spot market freight availability. June also recorded the second-highest volume of any single month in the 15-year history of the Index
Read More →The American Trucking Associations' advance seasonally adjusted For-Hire Truck Tonnage Index dropped 2.3% in May after decreasing a revised 0.6% in April
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The recent Second Quarter Business Expectations Survey completed by Transport Capital Partners found more than 80 percent of the carriers responding were expecting volume increases within the next 12 months
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