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Categories: Industry
Consumers Bracing for Worse

Sentiment survey finds inflation, unemployment concerns, plans to cut spending on items with price hikes.

https://www.autodealertodaymagazine.com/376531/consumers-bracing-for-worse
Categories: Rental Operations
March Blew the Doors Off of Business Travel

Total spend value for U.S. business travel processed via TripActions Liquid grew 114% from January 2022 through March 2022, while March 2022 saw a 1,681%...

https://www.autorentalnews.com/10166830/march-blew-the-doors-off-of-business-travel
Categories: Rental Operations
Iceland Tops List of Most Expensive Countries to Rent a Vehicle

In Iceland, the average car rental price for a week and one tank of fuel is $1,383.24, according to a study by Confused.com.

https://www.autorentalnews.com/10163340/iceland-tops-list-of-most-expensive-countries-to-rent-vehicles
Categories: Learning Center, Rental Operations
U.S. Credit, Debit Cards Spending Up 21%

Various industries, including car rental, have contributed to year-over-year consumer spending on credit and debit cards being up 21% nationwide.

https://www.autorentalnews.com/10150973/u-s-credit-debit-cards-spending-up-21
Categories: Fleet Management
How the True Cost of Freight Shipping Affects the Carrier Market

An analytical look at consumer spending, the pandemic, and the spot market — where we've been, where we're headed, and what that means for owner-operators...

https://www.truckinginfo.com/10148350/how-the-true-cost-of-freight-shipping-affects-the-carrier-market
Categories: Auto Finance, Dealer Ops, Industry
Consumers Shift Spending to Services

Retail sales dropped 1.3% in May, following a 0.9% gain in April, reported the U.S. Department of Commerce.

https://www.autodealertodaymagazine.com/365075/consumers-shift-spending-to-services
Categories: Fleet Management
New CDC Guidelines Could Accelerate Economic Normalization

What does new COVID-19 masking guidance for fully vaccinated Americans mean for the economy and truck freight, as spending on services that involve being...

https://www.truckinginfo.com/10144466/new-cdc-guidelines-could-accelerate-economic-normalization
Categories: Fleet Management
What Can Purchasing Managers Tell Us About Truck Tonnage?

In early October, we received a series of weaker-than-expected consumer and industrial data. Whether or not this data proves to be an outlier because of...

https://www.truckinginfo.com/342961/of-confidence-and-tonnage
Categories: Fleet Management
Are the Economy’s Skies Turning Darker? [Commentary]

Growing up in the Midwest, you learn which cloud formations lead to slow and steady rain, and which often lead to more severe weather. Looking back at...

https://www.truckinginfo.com/337871/are-the-economys-skies-turning-darker
Categories: Fleet Management
Economic Watch: Industrial Production Strong; Home Building, Retail Lose Steam

Industrial production rose again in April for the third consecutive month, according to Federal Reserve figures issued Wednesday, while separate reports...

https://www.truckinginfo.com/302054/economic-watch-industrial-production-strong-home-building-retail-lose-steam


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