December 2020

FTR’s Trucking Conditions Index for…

FTR’s Trucking Conditions Index for October jumped to the highest level in the nearly 30 years captured in the data to a 16.17 reading. This record comes just six months after th...

FTR Reports Final Trailer Orders…

FTR reports that final U.S. net trailer orders for November came in at a strong 41,400 units, as fleets continue to lock up build slots well into 2021. While November was down 26% ...

Canada’s Supreme Court Entitles Dismissed…

The Supreme Court of Canada unanimously ruled in October 2020 in favor of a former employee’s entitlement to bonus pay and other benefits after being forced out of the compan...

ACT Research: Preliminary Used Class…

Preliminary used Class 8 volumes (same dealer sales) dropped 20% month-over-month in November, but are 18% higher year-to-date compared to the first 11 months of 2019, according to...

Real Average Weekly Earnings up…

Real average hourly earnings increased 3.2% from November 2019 to November 2020. The change in real average hourly earnings combined with an increase of 1.5% in the average workwee...

Producer Price Index for Final…

The Producer Price Index for final demand advanced 0.1% in November, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices rose 0.3% in Octob...

ACT Research Freight Forecast: Freight…

ACT Research released the latest installment of the ACT Freight Forecast, U.S. Rate and Volume OUTLOOK report. Tim Denoyer, ACT Research’s Vice President and Senior Analyst, said...

Labor Productivity up 4.6 Percent,…

Nonfarm business sector labor productivity increased 4.6% at an annual rate in the third quarter of 2020, as output increased 43.4% and hours worked increased 37.1%. These were the...

Hires 5.8 Million; Total Separations…

In October 2020, the number of hires was approximately 5.8 million. During the same period, total separations was approximately 5.1 million. Trade, transportation, and utilities ...

Month: December 18, 2020