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U.S. DOT PLOTS TRUCKING SLIDE

WASHINGTON, D.C. -- New statistics released by the U.S. Department of Transportation (DOT) trace the continuing sli...


WASHINGTON, D.C. — New statistics released by the U.S. Department of Transportation (DOT) trace the continuing slide in the making and moving of heavy trucks in the U.S.

The DOT’s Bureau of Transportation Statistics monthly Transportation Indicators report finds that employment in motor vehicle and equipment manufacturing was down 4 per cent from December 2000 to January 2001, the largest decrease in 10 years.

Medium/heavy truck sales were down 19 per cent in January 2001 from the same time last year. Car sales were down nearly 5 percent for the same time period.

World crude oil prices were up almost nine per cent for the week of Feb. 9, 2001 from the previous week.

U.S. trade with Mexico, over the last year, continued to increase, with trade by truck up 12 percent, by rail up 73 percent and by pipeline up 42 per cent.

Transportation energy use rose less than one percent from October 1999 to October 2000, while energy use per dollar GDP declined over 2 per cent.


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Truck News is Canada's leading trucking newspaper - news and information for trucking companies, owner/operators, truck drivers and logistics professionals working in the Canadian trucking industry.
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