Class 8 Fleet Declines in 3Q as Freight Market Weakens
The number of U.S. Class 8 trucks on the road at the end of the third quarter dropped by 17,000 from a year earlier, the first year-to-year decline since research firm R.L. Polk & Co. began reporting on truck fleets in 2003.
December 1, 2008Navistar to Seek 2010 Delay
Truck and engine maker Navistar Inc. said it will take a “leadership role” in trying to convince Congress and the new administration to delay full implementation of 2010 heavy-duty truck engine emission mandates.
December 1, 2008Truck Tonnage Drops in October After 11 Consecutive Increases
October truck tonnage sank to its lowest level since 2003, dropping 1.8% from a year earlier and ending a streak of 11 consecutive monthly increases over 2007 levels, American Trucking Associations reported.
December 1, 2008Tires: Global Imports Begin to Slow
There are signs that the rise of global tire imports to the United States is beginning to slow as the economy weakens and costs increase.
December 1, 2008Intermodal Traffic Jumps for Week
Rail and intermodal traffic jumped last week from the same week a year ago, the Association of American Railroads said.
November 26, 2008Consumer Sentiment Index Shows Decline
U.S. consumer confidence fell more than forecast this month, Bloomberg reported.
November 26, 2008New Home Sales Fall 5.3% in September
New home sales fell 5.3% in October to a 17-year low, the Commerce Department said Wednesday.
November 26, 2008Chicago Manufacturing Index Slows
Manufacturing activity in the Chicago region contracted in November at the fastest pace since April 1982, the National Association of Purchasing Management said Wednesday.
November 26, 2008Personal Spending Falls in October
Consumer personal spending dropped 1% in October, the biggest drop since the 2001 contraction, the Commerce Department said Wednesday.
November 26, 2008Jobless Claims Fell to 529,000 Last Week
First-time unemployment claims fell by 14,000 last week, the Labor Department said Wednesday.
November 26, 2008