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Jan 13, 2012

REPORT * USA: FED's "Beige Book"

* DC - Economy, Transport Services Show Modest Growth, Fed Says

Washington,DC,USA -Transport Topics -11 Jan 2012: -- Economic activity expanded at a “modest to moderate pace” in late November and December as holiday retail sales showed “significant gains” from a year ago, the Federal Reserve said Wednesday... Demand generally rose for shipping and transportation services, with New York and Atlanta reporting significant increases in truck tonnage, the Fed said in its “beige book” report, issued eight times a year... A trucking industry contact in the New York district said tonnage was up 6% in November from a year ago, the Fed said...  In the Cleveland district, trucking contacts predicted volumes would grow at a slow, steady pace in 2012, while also reporting higher prices for parts, especially tires, and some volatility in fuel prices... Transportation firms in the Atlanta, Cleveland and Kansas City districts reported difficulty recruiting qualified drivers, the Fed said...

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posted by Unknown @ 6:59 AM  0 comments

Jan 5, 2012

TRUCKING INDUSTRY NEWS * USA

* Report: 2011 In the Rear View Mirror: Contract Rates Follow the Spot Market Up

Hummelstown,PENN,USA -Trans Core Freight Solutions, by Mark Montague -3 Jan 2012: ...  Rates spiked seasonally on the spot market in 2011, followed by steady increases in contract rates...  Contract rate increases landed between those two predictions with a 6.5% increase through November, while spot market rates rose a full 7.4%. Spot market rates rose at an uneven pace throughout the year, especially for vans. In the first quarter, van rates advanced 14% over the year-earlier numbers but the gain slowed to 7.5% in the 2nd quarter. Rate growth further slowed to 2.6% in the 3rd quarter before charging back for a 6% gain in Q4, compared to the same period in 2010...  The Road Ahead: Expect Additional Rate Increases in 2012:   Rates will continue to rise in 2012, as carriers’ costs increase. Contributing factors include prices for fuel, insurance, labor, tires and equipment. If the economy improves, the demand will increase pressure on scarce capacity. If the economy stalls, carriers will park more trucks or exit the market entirely. Either way, expect rates to head up as soon as mid-March...


* Texas - LinkAmerica to Buy 575 New Tractors, Trailers. Regional trucking operator looks for truck drivers

Rowlett,TX,USA -The Journal of Commerce Online, by William B. Cassidy -Jan 5, 2012: -- Trucking and logistics operator LinkAmerica is upgrading its fleet of tractors and trailers and enhancing its efforts to recruit and retain drivers, the company said... The regional truckload and dedicated carrier will buy 575 pieces of equipment, including Peterbilt and Freightliner tractors and Stoughton 53-foot trailers. The upgrade will replace about 20 percent of LinkAmerica’s equipment fleet... Difficulty recruiting truck drivers “is one of the challenges that keeps me awake at night”, said John Simone, president and CEO of LinkAmerica, in an interview last August...


* Texas - Heavy-Haul Operator Buys Flatbed Trucker. Walden Smokey Point acquires E.W. Wylie Trucking to expand trucking business


Houston,TX ,USA -The Journal of Commerce Online, by William B. Cassidy -Jan 4, 2012: --  Trucking and logistics operator Walden Smokey Point is expanding flatbed operations by acquiring E.W. Wylie Trucking of West Fargo, N.D...  Smokey Point Distributing handles large, irregular and difficult to transport cargo and aerospace parts, as well as consolidated LTL shipments and truckload cargo...  The Arlington, Wash.-based carrier has terminals in Pomona, Calif., Wichita, Kan., and Charleston, S.C...   Its parent company has headquarters in Dallas. Walden purchased Wylie from Otter Tail, a Fargo, N.D.-based industrial holding company that is realigning its portfolio of businesses... 

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Jul 21, 2009

Reports * USA - Indicate positive trends in trucking M&A activity

Chicago,ILL,USA -Fleet Owner, by Sean Kilcarr -Jul 20, 2009: -- Trucking merger and acquisition (M&A) deals continue at a steady pace despite more restricted access to credit and loans, indicating to at least one analyst that the industry is on the road to recovery... According to a new report by BMO Capital Markets, the volume of M&A activity in the transportation sector as a whole remained comparatively strong in 2008 and continued to hold up though the first half of this year...

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Mar 17, 2009

REPORT * WORLDWIDE - 2009 Freight Trucking Long Distance Industry Report

Dublin,Ireland -Research and Markets/live-PR.com -16 March 2009: -- Research and Markets has announced the addition of the "2009 Worldwide Freight Trucking Long Distance Industry Report" report to their offering... The Freight Trucking Long Distance Industry report, published annually, contains timely and accurate industry statistics, forecasts and demographics. The report features 2009 current and 2010 forecast estimates on the size of the industry (sales, establishments, employment) for the 47 largest world countries, such as Japan, China, India, Russia, Canada, Mexico, Brazil, Argentina, UK, France, Germany, Italy and U.S.... The report also includes industry definition, 5-year historical trends on industry sales, establishments and employment and estimates on up to 10 sub-industries, including contract haulers, mobile homes transport, household goods transport, and heavy haulers...

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Dec 5, 2008

REPORTS * USA - Is the Bloom Off California’s Rose? Some Say Yes.

US Gulf, East Coast ports vie to attract container cargo and business from the once-Golden State


Los Angeles,CAL,USA -CalTrade Report –4 Dec 2008: -- The continuing global economic crisis, dreary retail sales, and increased efforts by US Gulf and East Coast ports to attract container cargo are severely impacting the volume of goods moving through California’s deep-water container ports, according to the monthly Port Tracker report released this week by the National Retail Federation (NRF)... Overall, nationally cargo volume at the nation’s major retail container ports is expected to decline 6.5% in 2008 compared with 2007 as merchants carefully manage inventories in response to the nation’s slow economy... Container cargo volumes moving through the West Coast ports fell again in October, and 2008 is now expected to be the slowest year since 2004, the report said. Import and export container volume moving through the Port of Los Angeles, the nation's busiest box port, was off 3.9% for the 12-month period ending in October, while the Port of Long Beach, the nation's second ranked port, was down 7.7% during the same period... Meanwhile, the Port Tracker’s congestion rating for the Ports of Los Angeles and Long Beach continues at medium because of new regulations that required trucking companies seeking to do business there to obtain a special concession license...


* Fed sees weak transportation activity

Washington,DC,USA -Land Line Magazine -December 4, 2008: -- The Federal Reserve Bank reported on Wednesday, Dec. 3, that the trucking business is expected to remain in a slump for at least the first three months of 2009... In its so-called “beige book” report, the Fed says freight volumes have seen a slowdown because of fewer shipments of housing, auto, steel and consumer products... Overall economic activity weakened across all Federal Reserve districts since the previous report...

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Oct 2, 2008

REPORT: Trucking outlook * USA - Negative across the board



USA -Fleet Owner, by Justin Carreta -Oct 1, 2008: -- Freight demand may not increase until 2010, truck and trailer orders are down and the economy doesn’t look to be rebounding anytime in the near future, according to FTR Associates’ North American Commercial Truck and Trailer Outlook Report... “The freight environment can still be described as weak,” the report said. “With housing in a steep recession, the auto markets in a sharp downturn and consumers under severe stress, there are very few commodities where aggregate demand is holding up. Exports continue to support economic growth but much of this freight is not handled by truck”... The report noted that many fleets have reported their freight demand has fallen substantially in the past six weeks, adding to concern that it will not rebound in the second half of 2009 as originally hoped but stay slow until 2010... Orders remain weak, with trailers and medium-duty truck sales plummeting over the past several months and Class 8 demand declining, albeit at a smaller rate, FTR said, adding that there will be far less of a “pre-buy” ahead of EPA 2010 than there was in 2007...

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Feb 26, 2008

Report * Australia - Identifies 'barriers' to innovation in freight sector

New South Wales,Australia -Australasian Transport News -25 February 2008: -- ... Daryl Hull, the Chair of the Council’s Innovation Implementation working group, says the report highlights the need to view freight logistics in NSW in a wider context of planning, economic activity, business transactions and community impact... The Government's Statement on Innovation identifies logistics and its associated transaction services as a primary sector for investigation and focus for innovation... The report identifies barriers to innovation and efficiency and highlights actions that could be taken by Government to stimulate innovation both in the short and long term... The Council plans to actively liaise with industry during 2008 through workshops and consultation in order to assist with the removal of identified barriers...

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Dec 14, 2007

Freight Report * UK - Transport Trends 2007

London,UK -Road Transport -14 December 2007: -- The Department for Transport has released its Transport Trends 2007 report outlining all aspects of the UK's transport infrastructure... We've been looking at some of the aspects relating to freight movements and how they have changed over the years... Domestic freight increased by 44% between 1980 and 2006, from 175 to 252 billion-tonne-kilometres (btk)... The majority of this increase is due to goods moved by road, which has increased by 79% since 1980, from 93 to 167btk... Road freight now accounts for 66% of all goods moved, compared with 53% in 1980...

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