trucking economy

Freight index lowest since Nov. 2011

The amount of freight carried by the for-hire transportation industry fell 0.6 percent in August from July, declining after a one-month rise.

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Trucking adds 700 jobs in September

For-hire trucking companies added 700 payroll jobs in September on a seasonally adjusted basis as the overall U.S. economy added 114,000 nonfarm jobs.

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Cummins to shut down facilities, reduce work force

Cummins says it's responding to a weak global economy by cutting costs while maintaining investments in growth programs with planned work week reductions, shutdowns at some manufacturing facilities and some targeted work force reductions.

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Manufacturing expands for first time in four months

Economic activity in the manufacturing sector expanded in September following three consecutive months of slight contraction.

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Equipment leasing confidence up in September

The Equipment Leasing & Finance Foundation's Monthly Confidence Index for the Equipment Finance Industry is 53.0, up from the August index of 50.2, reflecting increased optimism.

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Freight index up 8.4 percent

The index outpaced August 2011 volume by 8.4 percent, the sixth time in 2012 that volume has exceeded prior-year levels.

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August Class 8 orders rebound, up 27 percent

FTR's preliminary data shows August Class 8 truck net orders at 15,935 units, up 27 percent from July.

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Trucking adds 1,400 jobs in August

For-hire trucking companies added 1,400 payroll jobs in August as the overall U.S. economy added 96,000 nonfarm jobs.

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Equipment lease confidence down

Reading is down from the July index, reflecting ongoing industry concerns over economic, regulatory and political uncertainty.

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Monthly tonnage index up year over year 4.1%

ATA's advanced seasonally adjusted For-Hire Truck Tonnage Index was unchanged in July after increasing 1.1 percent in June.

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