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Overdrive Extra: Page 68
Overdrive Extra
Clothes, fuel and computers lead factory report
Clothing was one of nine growing sectors that produced the fifth consecutive month of expansion for the nation’s manufacturing sector.
January 7, 2010
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Dollars and Sense
Over 90 percent of the U.S. population is not financially independent at retirement. Follow theses steps to put your self in the other 10 percent.
January 1, 2010
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March 24, 2025
Overdrive Extra
A creeping, sputtering recovery
It appears that trucking and the economy will be slouching toward health and stability during 2010. Here are forecasts from three sources.
December 29, 2009
Overdrive Extra
OMG! SaDIP my dataQ
The CSA 2010 webcast assaulted listeners with more acronyms per square inch than is legal under EPA or OSHA regs.
December 17, 2009
Overdrive Extra
Jobs in transition — in more ways than one
As with the 2001 recession, there’s been much talk of a “jobless recovery.” It peaked with two reports in early November: Productivity increased 9.5 percent in the third quarter, while unemployment rose to 10.2 percent in October. Not all explanations for the productivity gain, one of the three biggest in the last 30 years, carry […]
December 9, 2009
Overdrive Extra
Manufacturing sustains its hot streak in November
Manufacturing monitor ISM issued a good news, bad news report today, but the good outweighs the bad.   The sector expanded in November for the fourth consecutive month, says the Institute for Supply Management. The downside is that the rate of growth is less than a month ago, and less than analysts expected.   “The […]
December 1, 2009
Overdrive Extra
Dollars and Sense
Peer-to-peer lending has evolved to an Internet-based system that uses technology similar to eBay to match parties seamlessly and anonymously.
December 1, 2009
Overdrive Extra
Truck dealers analyze a year’s anemic sales
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 the ATD/NADA Official Commercial Truck Guide. Considering the depressed conditions, prices could have dropped even lower, says Chris Visser, editor […]
November 25, 2009
Overdrive Extra
How to make the roadway fly by
If you still have any doubt about how dangerous texting while driving is, a new study offers some comparisons. A post from the Poynter Institute, a journalism education group, notes that 26 percent of teens admit to poking out messages while they’re behind the wheel, according to a Pew study. I bet the reality is […]
November 20, 2009
Overdrive Extra
Dollars and Sense: Call a Business Meeting
When was the last time you have a business meeting with yourself?
November 1, 2009
Overdrive Extra
Chalk it up as a decent quarter
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 appear to be rising, though revenues aren’t keeping pace. Also, U.S. truck tonnage fell 7.3 percent in September from […]
October 30, 2009
Overdrive Extra
Landstar optimistic in spite of lower earnings
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 of $501 million in the quarter that ended. Sept. 30. Comparable net income a year ago was $33 million […]
October 15, 2009
Overdrive Extra
Trucking experts expect very slow rebound
“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 Las Vegas, says ATA Chief Economist Bob Costello in his weekly newsletter. One of those speakers, Sara Johnson of HIS […]
October 9, 2009
Overdrive Extra
Latest report bodes well for freight
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 the rate of growth moderated slightly when compared to August, the recovery broadened as the number of industries reporting […]
October 1, 2009
Overdrive Extra
Dollars and Sense: A little-known sales venue
They’re still not widely used by owner-operators, but auctions offer some advantages over traditional means of trading equipment.
October 1, 2009
Overdrive Extra
Dollars and Sense: Clearing up fuel taxes
Because owners of Class 8 vehicles have to reconcile the amount of fuel burned in a state with the amount of fuel purchased in that state, the state tax owed could be more or less than the tax paid at the pump.
October 1, 2009
Overdrive Extra
Dollars and Sense: Expect more pain before any gain
I predict some pickup in freight and rates in this fourth quarter, but the real upward climb will not begin until the second quarter of 2010.
September 9, 2009
Overdrive Extra
Manufacturing numbers strong for August
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 the latest Manufacturing ISM Report on Business. The August numbers also show the overall economy grew for the fourth consecutive […]
September 2, 2009
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