Tag: trucking economy: Page 2

Business

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.

October 10, 2012

Business

Manufacturing expands for first time in four months

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

October 2, 2012

Business

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.

September 24, 2012

Business

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.

September 12, 2012

Business

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.

September 7, 2012

Business

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.

September 7, 2012

Business

Equipment lease confidence down

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

August 21, 2012

Business

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.

August 21, 2012

Business

Shippers Index unchanged

FTR Associates’ Shippers Conditions Index for June basically was unchanged from the previous month and remains in near-neutral territory.

August 16, 2012

Business

Trucking Conditions Index continues downward trend

FTR Associates’ Trucking Conditions Index for June continued its downward trend, declining a half point from May to a reading of 4.5.

August 9, 2012

Overdrive Extra

Record-low bankruptcies shows signs of stability

Trucking fleet bankruptcy report shows some semblance of stability for trucking companies.

August 7, 2012

Business

Trucking adds 3,100 jobs in July

For-hire trucking companies added 3,100 payroll jobs in July as the overall U.S. economy added a net of 163,000 nonfarm jobs.

August 3, 2012