July 6, 2015 - Industry News
Economic activity in the nation’s service sector inched higher in June after hitting a 13-month low in May, according to a survey of the nation’s supply executives. Another report shows non-manufacturing growth slowed last month.
Tags: Economy, Non-Manufacturing
July 2, 2015 - Industry News
Economic Watch: The nation’s unemployment rate fell 0.2 of a percent point in June to 5.3%, its lowest rate since April 2008, while 7,400 jobs were added in the for-hire trucking sector.
Tags: Economy, Unemployment, Factory Orders, Employment, Factory Shipments
July 1, 2015 - Industry News
Private sector employment in June saw its biggest month-over-month improvement since December, the third month-over-month jump in a row.
Tags: Economy, Manufacturing, Employment
June 26, 2015 - Industry News
American consumers are feeling better about the economy with one measure hitting its highest level since January.
Tags: Economy, Consumer Confidence, Consumer Spending
June 25, 2015 - Industry News
Economic Watch: American consumers opened their wallets a whole lot more in May, with consumer spending increasing the most in nearly six years.
Tags: Economy, Consumer Spending, Non-Manufacturing, Personal Income
The value of U.S.-NAFTA freight totaled $93.3 billion in April, according to new U.S. Transportation Department figures, down 6.8% from the same time a year earlier.
Tags: Canada, Economy, Cross-Border Trucking, Mexico, Surface Trade, Freight
June 24, 2015 - Industry News
The U.S. economy contracted less in the first quarter of the year than previously estimated, according to a Commerce Department report released Wednesday.
Tags: Economy, GDP, Home Sales
June 23, 2015 - Industry News
A first look at May orders and shipments of manufactured durable goods, a key indicator for trucking freight.
Tags: Economy, Durable Goods, Manufacturing
June 22, 2015 - Industry News
Newly released figures show the Cass Truckload Linehaul Index once again remained higher in May than in each of the past three years, coming in 3.5% higher than May 2014 and 9.5% higher than two years ago.
Tags: Economy, Intermodal, Cass Intermodal Linehaul Index, Cass Truckload Linehaul Index, Freight Rates
Fueled partly by an increase in sales to first-time buyers, existing-home sales in May rose to their highest pace in nearly six years.
Tags: Economy, Home Sales, Housing Starts
June 12, 2015 - Industry News
Consumer confidence rebounded this month, with more people expecting increases in their wages, according to the University of Michigan Survey of Consumers released Friday.
Tags: Economy, Consumer Confidence, Producer Prices
June 11, 2015 - Industry News
The FTR Trucking Conditions Index fell 9% to a reading of 6.7 in April, weakened by more available capacity and less pressure on rates.
Tags: Economy, FTR, Trucking Conditions Index, Freight Capacity
Retail sales in the U.S. continue improving after slowing at the end of last year and the beginning of this year, but things could still be better.
Tags: Economy, Retail Sales
June 10, 2015 - Industry News
Large declines in trucking and pipeline, coupled with smaller declines in rail carloads and rail intermodal resulted in a decline in the total amount of U.S. for-hire freight movements in April from March.
Tags: Economy, Freight, Freight Index
June 9, 2015 - Industry News
Import cargo volume at the nation’s major retail container ports has returned to normal levels following ratification of a new West Coast labor agreement, according to the monthly Global Port Tracker report.
Tags: Freight, Ports, Port Trucking, Economy, Intermodal
June 5, 2015 - Industry News
The current trucking employment level is close to its pre-recession peak, while nationwide employers added more jobs during May.
Tags: Economy, Unemployment, Employment
June 3, 2015 - Industry News
Two days before a government report on unemployment is set to be released, a report from a payroll processor shows 201,000 non-farm, private jobs were added in the U.S. during May, the biggest gain since January.
Tags: Economy, Non-Manufacturing, Employment
June 2, 2015 - Industry News
New orders for factory-made goods continue to disappoint, falling 0.4% in April from the month before and marking the eighth decline in the last nine months.
Tags: Economy, Durable Goods, Factory Orders, Factory Shipments
June 1, 2015 - Industry News
Business conditions in the nation’s manufacturing sector turned around in May from the month before, while construction spending hit a six-year high. A weak spot? Consumer spending.
Tags: Economy, Manufacturing, Consumer Spending, Construction Spending
May 29, 2015 - Industry News
A new government reports shows the American economy contracted in the first quarter of the year for the second straight time.
Tags: Economy, GDP, Consumer Confidence
May 28, 2015 - Industry News
Newly released figures show the value of freight moved between the U.S. and its North American Free Trade Agreement neighbors totaled $96.1 billion in March, a 5.3% decline from a year ago, but three out of five transportation modes carried more cross-border cargo.
Tags: Canada, Economy, Cross-Border Trucking, Mexico
May 26, 2015 - Industry News
A measure of consumer confidence has increased following a sharp downturn, while new home sales rebounded strongly, according to reports released on Tuesday.
Tags: Economy, Consumer Confidence, Home Sales
An advance report shows both new orders and shipments for manufactured durable goods declined in April, but a key indicator increased for the second consecutive month.
Tags: Economy, Durable Goods, Non-Manufacturing
May 22, 2015 - Industry News
Consumer prices moved barely higher in April, but it was the third consecutive monthly increase, according to a new Commerce Department report.
Tags: Economy, Consumer Prices
May 21, 2015 - Industry News
Truckload linehaul rates declined in April from the month before while intermodal rates moved higher, according to two separate reports released on Thursday.
Tags: Economy, Cass Intermodal Linehaul Index, Cass Truckload Linehaul Index, Freight Rates
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