Economy

Truck dealers analyze a year’s anemic sales

| November 25, 2009

It still appears to be a buyer’s market for Class 8 trucks, according to a report from the truck dealers’ trade group. It’s been “a year of heavy depreciation for the highway sleeper market,” says ...

Chalk it up as a decent quarter

| October 30, 2009

There was a mixed bag of trucking-related economic reports Friday, though the good seems to outweigh the bad. The American Truck Dealers, citing trade press reports, notes that third-quarter earnings reports from fleets show freight volumes ...

Landstar optimistic in spite of lower earnings

| October 15, 2009

Landstar System Inc., reported its share of lower revenue and income numbers in its third-quarter earnings statement, but the nation’s largest owner-operator carrier also sees a turnaround taking shape. The company earned $20 million from revenue ...

Trucking experts expect very slow rebound

| October 09, 2009

“The economy has bottomed out, but it is going to be slow going in the months ahead.” That was the consensus of speakers at this week’s annual management conference of the American Trucking Associations, in ...

Latest report bodes well for freight

| October 01, 2009

More good news for manufacturing. A month ago, Institute for Supply Management data showed that manufacturing grew in August, for the first time since January 2008. ISM reported today that September gave an encore performance. “While ...

Manufacturing numbers strong for August

| September 01, 2009

Lots of good news for trucking in today’s report from the Institute for Supply Management. Economic activity in manufacturing expanded in August, following 18 consecutive months of contraction, according to the nation's supply executives polled for ...

Small-business lending bounces back

| August 28, 2009

Borrowing money isn’t the best thing for an owner-operator to do in a down economy like this. But if you must – or plan to do so as soon as the recovery becomes more evident ...

Factories busier in July

| August 14, 2009

Industrial production increased by a half-percent in July, the Federal Reserve announced today. While housing and other indicators with relevance to truck freight have shown twitches of life in recent months, this marked the first ...

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