Tagged: Economics

Fuel Pump 0

Diesel Supply Critically Low

U.S. diesel supplies are becoming critically low with shortages and price spikes likely to occur in the next six months unless and until the economy and fuel consumption slow. Stocks of diesel and other distillate…

Forklift Loading Truck - Economy Up 0

Freight Shipments Climbing

Freight shipments climbing with a sequential uptick in trucking shipments during the 2Q. Freight payments data released in late July showed a sequential uptick in trucking shipments during the second quarter, reversing the declining trend…

St Louis Fed - Inflation data 0

Rising CPI Pressuring Fleet Operations

Rising CPI pressuring fleet operations, effecting cost of financing equipment and other cost such as maintenance and repair. Knowing how to navigate this, as well as understanding a fleet’s options, can potentially save millions toward the organization’s bottom line.

Kenworth T880 Trucks, PACCAR 0

Paccar Posts Record Income

Paccar posts record income for 2Q with strong margins defying dour economy, increased deliveries of recently revamped models and profit on its parts business all contributed. Practically everything clicked in the second quarter crushing analyst…

Truck Driver Spain, Lorry Driver 0

Recessions Often Draw Workers To Trucking

During previous recessions and regional downturns, trucking recruited workers laid off from other industries. That built freight supply just at the moment when aggregate demand was typically soft.
Consider what happened during two recent downturns…

Coronavirus Aid, Relief, and Economic Security (CARES) Act 0

Federal Relief Available For Trucking

With many small businesses across the country uncertain of how the COVID-19 outbreak will temporarily, or permanently, affect their bottom lines, the passage of the Coronavirus Aid, Relief, and Economic Security (CARES) Act may offer…

Tank Transport Trader