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Archive for the ‘Market News’ Category

Consumer Prices Increase .04% in April

Wednesday, June 1st, 2011

The cost of living in the United States rose in April, led by increases in food and fuel. This follows a .05% increase in March. Excluding food and fuel the gauge rose .02%.
Rising commodity prices are now pressuring prices. Prices increased 3.2% in the 12 months that ended in April. CPI rose 1.3% from April 2010, the most since February 2010.

Industry Trends Lead Fleets to Look to Leasing

Wednesday, April 6th, 2011

Many of today’s fleets are looking towards leasing equipment instead of ownership.

A recent article in Heavy Duty Trucking highlights some of the reasons.

http://digital.heavydutytrucking.com/heavydutytrucking/201103?sub_id=MBVM3G9P9MVL#pg88

2010 Class 8 Truck Sales 14.6% Higher Than Last Year

Monday, December 27th, 2010

Reports sighted in the December 27th issue of Transport Topics suggest that demand for new trucks will accelerate sharply in the coming years. Larger fleets are currently driving demand up as older equipment needs to be replaced and late model used trucks are hard to come by.
Many fleets have delayed purchasing new equipment but are now at a point where they cannot hold off any longer. Also, some customers are now seeking out 2010 technology SCR based engines looking to take advantage of the increase in fuel economy. All this points to a better year for truck sales in 2011 and many are predicting a large jump in 2012.
Leasing can provide a good alternative to companies that are looking to turn over their fleet, but who may want to conserve cash for other activities. Leasing allows the customer to avoid a lump sum payment up front. It also provides consistent expenses on both the equipment and maintenance which gives the customer the ability to budget more accurately.
Full Service Lease Customers are able to take advantage of late model equipment, gain access to the latest in technology, and streamline their operation.

Shippers Turn to Logistics Providers to Meet Market Demands

Saturday, November 27th, 2010

Demand for third party logistic services is on the rise due to anticipated restraints in freight hauling capacity. Customers are also turning to logistics providers as their supply chains become more and more complex. Companies are looking to reduce their costs.

To guard against supply disruptions firms are moving inventory closer to customers and are using cross dock facilities to supply their stores more rapidly. As the economy rebounds capacity is also a concern.

Kris-Way Truck Leasing offers dedicated logistics as an alternative to traditional full service lease. We provide the ability to reduce your shipping costs be utilizing our staff of drivers, dispatchers, and technology. Kris-Way dedicated customers find that outsourcing their transportation operation allows them to focus on their core business.