January 25, 2016 - Industry News
One of the nation’s largest trucking companies reported improved earnings for the final quarter of last year and beating its expectations for all of 2015 while another publicly held fleet's latest three-month numbers failed to live up to its annual performance.
Tags: Economy, Covenant Transport, Swift Transportation, Covenant Transportation Group, Fleet Earnings
January 22, 2016 - Industry News
U.S. manufacturers started the year with a rebound in output and new business growth, according to preliminary results of a survey released Friday. A separate report shows sales of existing homes were the best since before the Great Recession.
Tags: Economy, Manufacturing, Home Sales, Leading Economic Indicators
Although many analysts are expecting generally lower fourth-quarter earnings for the nation’s publicly held companies, J.B. Hunt kicked off the earnings season for trucking on Thursday by reporting a 6% increase in profit.
Tags: Economy, Intermodal, JB Hunt, Fleet Earnings
January 20, 2016 - Industry News
Inflation at the retail level is anything but a threat to the health of the U.S. economy with newly released figures showing a drop in the final month of 2015 while the housing market is expected to continue improving.
Tags: Economy, Home Starts, Consumer Prices, Home Building
January 15, 2016 - Industry News
The latest numbers about the state of the American economy show activity has slowed in key sectors, including one of the biggest drivers, with retail sales turning in its weakest improvement since 2009.
Tags: Economy, Retail Sales, Consumer Confidence, Industrial Production, Manufacturing, Wholesale Prices, Producer Prices
January 14, 2016 - Industry News
The amount of freight moved by the nation’s for-hire transportation sector moved lower in a government index that it says is an indicator of economic cycles.
Tags: Economy, Freight, Freight Index
January 13, 2016 - Industry News
Both the number of shipments and expenditures on freight transportation by shippers continued their downward slide in December, according to latest Cass Freight Index.
Tags: Cass Freight Index, Economy, Freight Index, Freight Rates
January 11, 2016 - Industry News
A measure of freight moving between the U.S. and its neighbors to the north and south shows for the first time the total value of U.S.-Mexico freight flows exceeded those between the U.S. and Canada.
Tags: Canada, Economy, Cross-Border Trucking, Mexico, Surface Trade, Freight
January 8, 2016 - Industry News
Job creation in the U.S. surged in the final month of 2015, per a Labor Department report released Friday, as for-hire trucking employment hit a new record level.
Tags: Economy, Unemployment, Employment
January 6, 2016 - Industry News
Shipments of manufactured goods in the U.S. increased slightly in November, according to a new and full government report, while new orders posted its third decline in the last four months.
Tags: Economy, Durable Goods, Manufacturing, Factory Orders, Non-Manufacturing, Employment, Factory Shipments
December 23, 2015 - Industry News
Two days before Christmas, the Commerce Department released three reports on the U.S. economy. When put together, they show a solid performance, though not as strong as it has been or some would like.
Tags: Economy, Durable Goods, Home Starts, Home Building, Personal Spending
December 22, 2015 - Industry News
The latest measure of strength in the overall U.S. economy shows it maintained its momentum in the third quarter of the year. A separate report shows a big decline in existing home sales for the second straight month.
Tags: Economy, GDP, Home Sales, Gross Domestic Product
December 17, 2015 - Industry News
It's looking like a good Christmas for Navistar and FedEx. The truck and engine maker managed to cut back on its losses in its most recent fiscal quarter and likely no longer will have an SEC investigation hanging over its head. Meanwhile, FedEx saw better earnings due to record holiday business.
Tags: Economy, Navistar, Earnings, FedEx, FedEx Freight, FedEx Ground, FedEx Express
December 16, 2015 - Industry News
The U.S. Federal Reserve’s Open Market Committee on Wednesday decided to push short-term interest rates higher for the first time since 2006.
Tags: Federal Reserve, Interest Rates, Economy
Economic reports Wednesday morning ahead of the U.S. Federal Reserve's Open Market Committee didn't offer a clear picture on the state of the economy, with slower manufacturing growth but a boost in housing numbers.
Tags: Economy, Industrial Production, Manufacturing, Consumer Prices, Housing Starts, Federal Reserve
December 11, 2015 - Industry News
Both retail sales and prices at the wholesale level rose the most in months during November, according to two separate economic reports released on Friday. These will join other numbers that will be considered in a few days when the Federal Reserve considers an interest rate hike.
Tags: Economy, Retail Sales, Wholesale Prices, Federal Reserve, Producer Prices
December 9, 2015 - Industry News
A measure of the amount of freight moved by for-hire transportation in the U.S. rebounded following a one-month decline, according to new U.S. Transportation Department figures.
December 4, 2015 - Industry News
The U.S. economy continued adding jobs in November as trucking employment turned around from the month before, while a separate report on manufacturing was only somewhat positive for the industry.
Tags: Economy, Unemployment, Manufacturing, Factory Orders, Employment, Factory Shipments
December 1, 2015 - Industry News
A closely watched gauge of activity within the nation’s manufacturing sector shows it not only declined for the fifth straight month, but also that activity contracted during November for the first time in three years, according to the nation’s supply executives.
Tags: Canada, Economy, Industrial Production, Durable Goods, Manufacturing
November 24, 2015 - Industry News
Third-quarter GDP numbers fuel talk that the Federal Reserve will raise interest rates next month for the first time in many years – despite a disappointing report on manufacturing.
Tags: Economy, GDP, Manufacturing, Gross Domestic Product
November 23, 2015 - Industry News
A measure of truckload rates moved higher in October from the same time last year, while intermodal rates continued moving lower, according to newly released figures.
Tags: Economy, Intermodal, Cass Intermodal Linehaul Index, Cass Truckload Linehaul Index, Freight Rates
November 19, 2015 - Industry News
While many of latest numbers on the U.S. economy show it’s performing below where many would like it to be, there is increasing evidence the U.S. Federal Reserve is moving closer to raising short-term interest rates for the first time in years.
Tags: Economy, Interest Rates, Industrial Production, Consumer Prices, Housing Starts, Leading Economic Indicators, Federal Reserve, Home Building
November 13, 2015 - Industry News
More gloom than boom, but no doom sums up the economic outlook for 2016 presented by FTR economists in the latest State of Freight webinar hosted by the research and analysis firm.
Tags: FTR, U.S. Economy, Economy
A report on Class 8 freight volumes issued by ACT Research dovetails with other analysis released this week that signals motor carriers are starting to feel the effect of a slowdown in both import/export activity and in domestic manufacturing levels.
Tags: Economy, ACT Research, Freight
While a recent good unemployment report led some to speculate the Federal Reserve will raise interest rates at year-end, new numbers released Friday remind us there's more to the equation.
Tags: Economy, Retail Sales, Unemployment, Consumer Confidence, Wholesale Prices, Employment, Producer Prices
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