Current news, information and trends in the commercial motor freight industry covering trucking, freight lines and carriers, logistics and classification.
Posted 01/20 · 10:05 AM · LM Editorial
On the heels of a promising projection for fourth quarter 2010 Class 8 vehicle net orders, ACT Research, a provider of data and analysis for trucks and other commercial vehicles, said that December net orders of heavy-duty Class 8 commercial vehicles for North American markets at 27,044 units were up 128 percent year-over-year.
Posted 01/20 · 08:56 AM · LM Editorial
It’s hard to get Republicans and Democrats, shippers and carriers, administration officials and analysts, and practically everybody else in Washington to agree on much these days. Except this: the Federal Motor Carrier Safety Administration’s (FMCSA) trial balloon to reduce by one hour (from 11 to 10) the actual time a truck driver can be driving is a horrific idea, unbased in science or data, that would conservatively cost the U.S. economy $2 billion in lost productivity, and probably much more…
Posted 01/19 · 09:20 AM · LM Editorial
Transportation Secretary Ray LaHood told shippers at the SMC3 annual winter meeting in Atlanta yesterday that cross-border trucking would be revived “as soon as possible.”
Posted 01/17 · 12:21 PM · LM Editorial
The most important take-away for shippers at this point in time is that recent fuel price movements reflect emerging market conditions.
Posted 01/13 · 08:41 AM · LM Editorial
The Department of Transportation’s Bureau of Transportation Statistics (BTS) reported today that its Freight Transportation Services Index (TSI) was down 0.3 percent in November, following a 0.2 percent October gain and a 1.0 percent September gain.
Posted 01/12 · 09:46 AM · LM Editorial
ACT said that total net orders for Class 8 vehicles and commercial trailers “surged” during the fourth quarter of 2010, signaling that trucking fleets are increasing the replacement levels of vehicles which have been put off to a large degree the last two years.
Posted 01/11 · 01:52 PM · LM Editorial
Logistics Management regrets to report that Joseph F. H. Cutrona, former executive director of NASSTRAC (the National Shippers Strategic Transportation Council), passed away on December 25, 2010 in Naples, Florida.
Posted 01/11 · 12:18 PM · LM Editorial
On the heels of a 0.4 percent increase in November, the December edition of the Ceridian-UCLA Pulse of Commerce Index (PCI) took a sharp turn north with a 2.4 percent increase. Prior to the gains of the last two months, the PCI was down 0.6 percent in November and 0.5 percent and 1.0 percent in September and August, respectively.
Posted 01/11 · 10:25 AM · LM Editorial
Thomas J. Donohue, in his annual “State of American Business Address” to business leaders at the U.S. Chamber of Commerce building across from the White House, is predicting 3.2 percent growth in Gross Domestic Product this year. That figure, higher than what most mainstream economists are predicting, is based on Donohue’s cautious optimism about overall economic conditions, including jobs and growth.
Posted 01/11 · 09:30 AM · LM Editorial
Diesel prices continued their upward march for the week of January 10, according to data released this week by the Department of Energy’s Energy Information Administration (EIA).