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
November 21, 2014 - Industry News
A measure used to forecast where the U.S. economy is headed in the next three to six months rose sharply in October from the month before, according to the private research group The Conference Board.
Tags: Economy, Leading Economic Indicators
November 20, 2014 - Industry News
Inflation in the U.S. was muted in October, according to a new Commerce Department Report, due in large part to falling fuel prices.
Tags: Economy, Consumer Prices, Home Sales
November 19, 2014 - Industry News
Auto haulers have a good reason to expect 2015 will be a good year for them, following a prediction that new car and light truck sales and leases will hit nearly hit the 17 million-level.
Tags: Economy, NADA, Auto Sales, Auto Haulers
Housing starts in the U.S. fell in October, but an indicator of future building is at a more than six-year high, according to a new Commerce Department report.
Tags: Economy, Home Starts
November 18, 2014 - Industry News
UPDATED -- The Producer Price Index increased 0.2% from September, driven by a 0.5% jump in the cost of services.
Tags: Economy, Producer Prices, Home Building
November 17, 2014 - Industry News
UPDATED -- Industrial production in the U.S. edged down 0.1% in October after having advanced 0.8% in September, according to new figures from the U.S. Federal Reserve.
Tags: Economy, Industrial Production
November 14, 2014 - Industry News
Retail sales in the U.S. rebounded in October due to broad-based gains, as consumers get ready to head into the Christmas shopping season, according to a U.S. Commerce Department report.
Tags: Economy, Retail Sales, Consumer Sentiment
November 13, 2014 - Industry News
A measure of how much freight is moved by the nation’s for-hire transportation industry hit a record high in September with a 0.3% increase from the month before, according to a new U.S. Transportation Department report.
Tags: Economy, Freight Index
November 12, 2014 - Industry News
The Trucking Conditions Index from the freight transportation forecasting firm FTR registered 9.07 for September, according to a just released report.
Tags: Economy, Research, FTR, Trucking Conditions Index
November 10, 2014 - Industry News
Some freight is having trouble entering the country and moving quickly to final end users while, the “transportation ecosystem is finding itself in turmoil” as freight shipments, particularly imports, climb in anticipation of a stronger holiday shopping season this year.
Tags: Economy, Port of Los Angeles, Port of Long Beach, Freight, Port Trucking, Cass Freight Index
Total intermodal freight volume rose 5.1% in the third quarter of the year compared to the same time in 2013, while domestic U.S. and international volumes individually reported gains in of 5.5% and 4.7%, respectively.
Tags: Intermodal, Freight, Economy
November 7, 2014 - Industry News
The unemployment rate in the U.S. fell again in October, dropping to its lowest level since July 2008, according to the U.S. Labor Department. In the same period, for-hire trucking added 3,900 jobs.
Tags: Economy, Unemployment, Employment
According to the Association of American Railroads, it totaled 1,381,749 containers and trailers, up 4.9%, or 64,071 units, over October 2013.
November 5, 2014 - Industry News
Activity in the U.S. non-manufacturing sector continued growing in October, but not as fast as the month before.
Tags: Economy, Non-Manufacturing
The U.S. job market continues improving with a new report showing private sector employment increased by 230,000 jobs from September to October, the biggest gain since June.
Tags: Economy, Employment
November 3, 2014 - Industry News
Economic activity in the manufacturing sector expanded in October for the 17th consecutive month, its highest level since March 2011, according to nation’s supply executives.
Tags: Economy, Manufacturing, Consumer Spending
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