January 8, 2015 - Industry News
The amount of freight moved between the U.S. and its North American Free Trade Agreement partners of Canada and Mexico increased in October compared to the same time a year ago, hitting the highest level on record.
Tags: Canada, Economy, Cross-Border Trucking, Mexico, Surface Trade
January 7, 2015 - Industry News
A new report released ahead of government numbers set to be published Friday shows private sector, nonfarm employment in the U.S. increased by 241,000 jobs from November to December, the biggest gain since June.
Tags: Economy, Employment
January 5, 2015 - Industry News
Economic activity in the manufacturing sector expanded in December for the 19th consecutive month, but it was the slowest pace in six months, according to the nation’s supply executives.
Tags: Economy, Manufacturing, Construction Spending
December 31, 2014 - Industry News
Was 2014 a great year for U.S. economy or not? What were the biggest influences on it and how did it affect trucking? It’s all a matter of the perspective of who you ask. HDT's Evan Lockridge offers his year-end take on the subject.
December 30, 2014 - Industry News
Consumer confidence in the U.S. rebounded in December after falling in November, according to the private research group The Conference Board.
Tags: Economy, Consumer Confidence
December 29, 2014 - Industry News
Consumer confidence reached its most favorable level this month since the last cyclical peak was set in January 2007, according to the Thompson Reuters/University of Michigan Survey of Consumers, released just before Christmas.
Tags: Economy, Home Sales, Consumer Sentiment
December 23, 2014 - Industry News
The value of the production of goods and services in the U.S. during the third quarter of the year increased at an annual rate of 5%, according to a third estimate from the U.S. Commerce Department.
Tags: Economy, GDP, Durable Goods
December 22, 2014 - Industry News
After hitting their highest level of the year during October existing-home sales slid in November, according to figures released Monday by the National Association of Realtors
Tags: Economy, Home Sales
December 19, 2014 - Industry News
The American Trucking Associations’ seasonally adjusted For-Hire Truck Tonnage Index rose 3.5% to 136.8 in November -- the highest level on record.
Tags: Economy, Freight, Truck Tonnage Index, American Trucking Associations
New construction starts in the U.S. climbed 13% in November from the month before to an annual rate of $677.8 billion, according to industry data provider Dodge Data & Analytics.
Tags: Economy, Construction
December 17, 2014 - Industry News
The U.S. Federal Reserve on Wednesday indicated it believes the American economy continues to expand at a moderate pace and would be able to handle a small hike in short-term interest rates.
Tags: Economy, Federal Reserve
Falling gasoline prices led to a sharp drop in U.S. consumer prices during November, the steepest rate in nearly six years, according to a U.S. Commerce Department released Wednesday morning.
Tags: Economy, Consumer Prices
December 16, 2014 - Industry News
Newly released figures show a drop in housing starts during November, with an even bigger decline in the number of new building permits issued -- but new home building remained above a 1 million unit annual rate for the third month in a row.
Tags: Housing Starts, Economy
December 15, 2014 - Industry News
U.S. industrial production surged in November by 1.3% from the month before, the largest gain since May 2010, according to new U.S. Federal Reserve figures.
Tags: Economy, Industrial Production, Home Building
December 12, 2014 - Industry News
Prices at the wholesale level in November gave up all the gains made the month before, led by declining energy costs, while consumers in the U.S. are feeling better than they have in many years.
Tags: Economy, Wholesale Prices, Consumer Sentiment, Producer Prices
December 11, 2014 - Industry News
The 0.7% increase from the month before is well above what many analysts were expecting.
Tags: Economy, Retail Sales
December 10, 2014 - Industry News
The newly released November Cass Freight Index shows a drop in total freight expenditures of 0.7% and a corresponding decline in shipment volumes of 0.2%, however the level was higher than expected, pointing to strong finish for 2014.
Tags: Economy, Cass Freight Index
December 9, 2014 - Industry News
Trucks accounted for 73.1% of the total value of commodities shipped in 2012 with a worth of more than $10 trillion, according to a U.S. Census Bureau survey.
Tags: Economy, Survey, Freight, Freight shipments
December 8, 2014 - Industry News
The U.S. Department of Transportation is calling its Transportation Services Indexes, especially the freight index, leading indicators of economic cycles.
Tags: Economy, U.S. Department of Transportation, Freight Index
December 5, 2014 - Industry News
The number of people who found jobs in November increased dramatically from the month before but the unemployment rate was unchanged, according to U.S. Labor Department numbers released Friday morning.
Tags: Economy, Unemployment, Factory Orders, Employment, Factory Shipments
The Association of American Railroads said Thursday for the week ending Nov. 29, U.S. railroad intermodal volume totaled 220,873 units, up 6.2% compared with the same week last year and the highest level on record.
Tags: Economy, Railroads, Intermodal, Freight
December 2, 2014 - Industry News
Construction spending in the U.S. posted its biggest increase in five months during October, according to a new Commerce Department report released Tuesday.
Tags: Economy, Retail Sales, Construction
December 1, 2014 - Industry News
Economic activity in the manufacturing sector expanded in November for the 18th consecutive month, but at a slower pace, according to the nation’s supply executives in the latest survey by the Institute for Supply Management
Tags: Economy, Manufacturing
Key economic indicators for October that were posted last week show mostly good news for trucking, including durable goods, home sales and consumer confidence.
Tags: Economy, Consumer Confidence, Durable Goods, Home Sales, Consumer Spending, Personal Income
November 25, 2014 - Industry News
UPDATED -- The health of the American economy was much stronger in the third quarter of the year than initially thought, according to the U.S. Commerce Department.
Tags: Economy, GDP, Construction Spending, Consumer Confidence
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