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.
Tags: Economy, Railroads, Intermodal, Freight
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
The week ending Oct. 25, rail intermodal traffic was up 6.7% compared with the same week last year -- higher growth than that of rail traffic overall.
Tags: Railroads, Intermodal, Freight, Economy, NAFTA, Global
October 31, 2014 - Industry News
Consumer spending in the U.S. declined in September for the first time in eight months, according to the U.S. Commerce Department.
Tags: Economy, Consumer Spending
October 30, 2014 - Industry News
One of the broadest measures of the health of the American economy shows it expanded at an annual rate of 3.5% in the third quarter of the year.
Tags: Economy, GDP
October 28, 2014 - Industry News
An advance report shows shipments of durable goods increased just slightly last month while new orders fell for the second straight month.
Tags: Economy, Consumer Confidence, Durable Goods
October 24, 2014 - Industry News
UPDATED -- Sales of new homes in the U.S. hit a six-month high last month while the improvement for August was cut dramatically, according to a new U.S. Commerce Department report.
Tags: Economy, Home Sales
October 23, 2014 - Industry News
U.S. freight movements with Canada and Mexico saw imports increase 3.6% while exports gained 5.2% from a year earlier, according to the U.S. Transportation Department.
Tags: Canada, Economy, Cross-Border Trucking, Mexico, NAFTA, Surface Trade
A measure of where the American economy is headed in the next three to six months shows conditions are improving, but not as fast as they have been, according to the private research group The Conference Board.
Tags: Economy, Manufacturing, Leading Economic Indicators
October 22, 2014 - Industry News
Consumer prices in the U.S. remained in check during September, increasing just 0.1%, according to the U.S. Labor Department.
Tags: Economy, Consumer Prices
October 21, 2014 - Industry News
The latest housing starts figures show the housing market continues to move in the right direction, finally recapturing 2013 levels after a weak start to the year.
October 20, 2014 - Industry News
The increased volume reflects peak season volumes and larger vessels calling at the facility, according to port officials.
Tags: Economy, Port of Los Angeles, Ports, Port Trucking, Intermodal, California
October 17, 2014 - Industry News
Residential construction in the U.S. has rebounded but remains volatile, hitting an annual rate of just more than 1 million units for only the third time this year in September, according to the U.S. Commerce Department.
Tags: Housing Starts, Economy, Consumer Sentiment, Home Building
October 16, 2014 - Industry News
Industrial production in the U.S. increased 1% in September, the biggest gain in nearly two years, and advanced at an annual rate of 3.2% in the third quarter of 2014. Manufacturing production was up for the quarter, led by mining, while last week's unemployment claims dropped.
Tags: Economy, Unemployment, Industrial Production, Federal Reserve
October 15, 2014 - Industry News
Retail sales in the U.S. during September stumbled a bit, marking the first month-to-month decline since January, while a separate report shows there is no reason for concern about inflationary pressures.
Tags: Economy, Retail Sales, Wholesale Prices, Producer Prices
October 14, 2014 - Industry News
After a turbulent start to 2014, the nation’s retailers expect sales in November and December to increase a healthy 4.1% to $616.9 billion, higher than 2013’s actual 3.1% increase during that same time frame.
Tags: Economy, Retail Sales, Imports, Intermodal, Ports
October 8, 2014 - Industry News
The freight logistics sector was relatively flat in September, with a drop in North American shipment volume and a slight increase in total freight expenditures, or payments, according to the latest Cass Freight Index.
Tags: Economy, Cass Freight Index
The U.S. Transportation Department’s Freight Transportation Services Index, which is based on the amount of freight carried by the for-hire transportation industry, rose 0.6% in August from July, rising for the second consecutive month.
Tags: Economy, U.S. DOT, Freight, Freight Index
October 7, 2014 - Industry News
SAN DIEGO -- American Trucking Associations Chief Economist Bob Costello discussed the current freight levels, highlighting the fact that the ATA truck tonnage index hit a record high in August, before posing questions to this year's economic panel.
Tags: Economy, Bob Costello, Driver Retention, Driver Recruitment, ATA MC&E
October 6, 2014 - Industry News
Both the trucking industry and the overall economy added jobs in September, pushing the unemployment rate down below 6% for the first time since July 2008 and hitting its lowest level in six years.
Tags: Economy, Unemployment, Manufacturing, Non-Manufacturing, Construction Spending, Employment
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