TRANSPORT STATISTICS * North America
* N.A.F.T.A. - Surface trade passes $80 billion in August
Washington,DC,USA -Truck News (CAN) -Nov 4, 2011: -- Trade using surface transportation between Canada, the US, and Mexico was 18.3% higher in August than in August 2010, totalling $80.4 billion, according to the Bureau of Transportation Statistics (BTS) of the US Department of Transportation. This was the second time on record that US-NAFTA trade by land modes exceeded $80 billion in one month - the first time was in March... BTS reported that the value of US surface transportation trade with Canada and Mexico rose 48.2% in August since August 2009 and 11.3% since August 2008...
* Missouri - Freight Index Slides 9.9 Percent in October
St. Louis,MISS,USA -The Journal of Commerce -Nov 7, 2011: -- Cass domestic shipping decline follows September drop in international measures... The Cass Freight Index for U.S. domestic shipments took a steep 9.9 percent dive in October from the month before, cutting short a two-month rally in the closely watched measure... The first sequential decline since July also left the Cass Information Systems index at its lowest level since February... The Cass index for shipping expenditures also showed seasonal weakness, slipping 4 percent from September to October. The spending index was 16.1 percent above the same month a year ago, in part because energy prices have grown sharply over the past year...
* New Jersey - Survey Shows Truckload Capacity Down 1.5 Percent
North Bergen,N.J.,USA -The Journal of Commerce, by William B. Cassidy -Nov 9, 2011: -- Tractor count at large carrier group shows slight decline from second quarter... Capacity at a group of six large truckload carriers tracked by The Journal of Commerce fell a cumulative 1.5 percent from the second quarter and 1.5 percent from a year ago, with two carriers increasing capacity slightly year-over-year... The tractor count at the more than $10 billion carrier group is 6.8 percent lower than it was at the end of 2008 and 14.7 percent lower than at the end of 2006. Since 2009, however, the combined tractor count has only declined slightly... At the end of 2006, the group had 47,540 tractors. It culled 1,212 tractors in 2007, and 2,822 in 2008, as the U.S. economy slid into a global recession. The carriers retired another 2,787 trucks in 2009, as the recession peaked...
* Maryland - LTL Rates Rising, But So Are Costs
(Photo: Stifel Nicolaus capital markets headquarters)
Baltimore,MAR,USA -The Journal of Commerce, by William B. Cassidy -Nov 8, 2011: -- Largest LTL carriers increased pricing in third quarter, improved yield... Less-than-truckload pricing is rising, financial results from the largest LTL carriers show, buoyed by tightening capacity and increased freight volume despite uncertainty about the course the economy will take over the next few quarters... Shippers should brace for even higher LTL rates in the fourth quarter and 2012, said transportation analyst David Ross of Stifel Nicolaus in Baltimore. “Little price is translating into margin expansion, as costs are also rising quickly," he said in a written report... LTL carriers won contract rate increases in the mid-single digits in the third quarter, according to quarterly earnings reports and investment analysts. General rate increases on non-contract business as high as 6.9 percent saw little discounting...
* Minnessota - Ceridian-UCLA Trucking Index Rises 1.1 Percent
Bloomington,MIN,USA -The Journal of Commerce, by William B. Cassidy -Nov 9, 2011: -- Fuel-based index climbs for first time in four months, easing recession fears... The Ceridian-UCLA Pulse of Commerce Index reversed course in October, rising 1.1 percent from September after declining for three consecutive months, indicating that trucking activity as measured by fuel purchases picked up in the early fall... Over the past three months, compared to the previous three months, the index declined at an annualized rate of 5.8 percent. “Until we get a series of positive months, it remains a she-loves-me, she-loves-me-not economy,” said Ed Leamer, chief economist for the index... The Ceridian-UCLA index rose 1.3 percent in October, compared to a 0.2 percent drop in September. The index is based on over-the-road purchases of diesel fuel through Ceridian’s electronic truck card network...
Labels: transport statistics, trucking statistics
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