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
A first look at the nation’s manufacturing sector shows activity has declined for the second straight month. However, a measure of future economy activity is on the upswing.
Tags: Economy, Manufacturing, Home Sales, Leading Economic Indicators
May 19, 2015 - Industry News
New homes starts in the U.S. increased dramatically in April from the month before, jumping 20.2% and hitting its highest level in more than seven years.
Tags: Economy, Housing Starts, Home Building
May 17, 2015 - Industry News
U.S. industrial production fell 0.3% in April for its fifth consecutive monthly loss, according to a Federal Reserve report issued Friday.
Tags: Economy, Consumer Confidence, Industrial Production, Consumer Sentiment
May 13, 2015 - Industry News
U.S. retail sales in April were virtually unchanged from March, according to a Commerce Department report released Wednesday morning.
Tags: Economy, Retail Sales
May 12, 2015 - Industry News
North American freight shipment volume and payments were up for the third month in a row during April, according to the latest readings from the Cass Freight Index.
Tags: Economy, Cass Freight Index
May 11, 2015 - Industry News
The FTR Trucking Conditions Index fell slightly in March to a reading of 7.3, reflecting lessened demand for truck services and normalizing fuel costs.
Tags: Economy, FTR, Trucking Conditions Index, Manufacturing
May 8, 2015 - Industry News
Unemployment in the U.S. fell in April, hitting a near seven-year low following weak job additions in the first quarter of the year.
May 6, 2015 - Industry News
The economy is in a “particularly volatile state,” with some saying it is going up while others think it is going down, according to Noel Perry, founder of Transport Economics, speaking at the ALK Transportation Technology Summit.
Tags: Economy, ALK
Total intermodal shipments in the U.S. and Canada rose 2% over last year’s first quarter volumes despite port congestion issues that impacted international container traffic, according to new figures from the Intermodal Association of North America.
Tags: Economy, Intermodal, IANA
May 5, 2015 - Industry News
Economic activity in the nation’s service sector increased in April, according to two reports released on Tuesday.
Tags: Economy, Non-Manufacturing
May 4, 2015 - Industry News
New orders and shipments of factory made goods turned around in March, according to a new Commerce Department Report released Monday.
Tags: Economy, Factory Orders, Factory Shipments
May 1, 2015 - Industry News
The level of manufacturing in the U.S. was unchanged in April compared to the month before, according to a new survey of the nation’s purchasing managers.
Tags: Economy, Consumer Confidence, Manufacturing, Consumer Spending, Construction Spending
Trucking operator YRC Worldwide Inc. cut some of its losses the first quarter of the year, but was still $21.6 million in the red.
Tags: YRC Worldwide, Economy, Quarterly Earnings
April 29, 2015 - Industry News
The pace of economic growth in the U.S. slowed dramatically in the first quarter of the year, according to the first estimate from the Commerce Department. Economists disagree whether bad weather and port problems are largely to blame.
Tags: Economy, GDP
April 28, 2015 - Industry News
At the National Private Truck Council annual meeting, economist Kenny Vieth declared private fleets are now “sitting in the catbird seat” because they are “poised for growth” as the economy keeps gaining speed and freight volumes keep rising.
Tags: National Private Truck Council, ACT Research, NPTC, Freight, Economy, Private Fleets, Information Technology
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