Economic Conditions

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January 23, 2018

Fed Economist: 'All Sectors Have Room to Grow'

In the years following the recession, U.S. economic growth has been "so modest that no sector has been overheated,” said William Strauss, senior economist and economic adviser at the Federal Reserve Bank of Chicago.

January 2, 2018

Analysis: Will We Avoid the First-Quarter GDP Blues?

While final economic numbers for 2017 have yet to roll in, economic growth was strong. Will it keep moving higher into the New Year? Analysis by Business Contributing Editor Evan Lockridge.

September 13, 2017

Hurricanes Could Cost GDP Half a Percentage Point in Q3

Speaking about the impact of Hurricanes Harvey and Irma at the FTR Transportation Conference, analysts estimated that the economic impact on the region could cost GDP 0.5% in the third quarter of 2017.

August 14, 2017

Talks to Revamp NAFTA Slated to Begin This Week

Trucking and logistics interests are keeping a close eye on talks to revamp the North American Free Trade Agreement begin this week – particularly those involved in the automotive industry.

March 17, 2017

Economic Watch: Latest Readings Full of Positives

A gauge of the health of the American economy has increased again, hitting its highest level in more than a decade. Meanwhile, manufacturing activity outpaced overall industrial output, consumer sentiment hit its highest level in over a decade, and homebuilding continues to trend up, according to a basket of reports issued Friday and Thursday.

February 22, 2017

Goodyear's Raw Material Costs Increase $300M in 3 Weeks

Tire makers worldwide are citing rising raw material costs as the driver of their price increases. Goodyear Tire & Rubber Co. painted a picture of just how extreme the increases have been so far — using words like “volatile” and “unpredictable."

December 13, 2016

FedEx CEO Warns Trump Attack on Trade Could Be 'Catastrophic'

FedEx Chairman and CEO Fred Smith warned that President-elect Trump's campaign promises to pull back on international trade agreements could be “catastrophic.”

February 18, 2016

Retread Sales Fell, But Tire Market Stable Last Year

The domestic retreaded truck tire market was down in 2015 compared to 2014, however, the health of the truck tire market also depends on new truck tire shipments. They were up 4%.

July 19, 2015

Economic Watch: Inflation Positive, Consumer Confidence Down

Consumer prices increased in June from the month before, in positive territory for the first time this year, according to the U.S. Labor Department. A separate report shows consumers' feeling about the economy a just a little less hot than earlier.

March 24, 2015

Winter Weather Impacts Truck Tonnage

The For-Hire Truck Tonnage Index decreased 3.1% in February to 131.6, the lowest level since September of last year. Winter weather, slow retail sales, and other industries were to blame for the slow month.

February 24, 2015

Obama Vetoes Keystone Pipeline

President Obama has vetoed the Keystone XL Pipeline Approval Act, which Congressional Republicans had sent to the White House earlier today.

January 28, 2015

Economy in Fourth Largest Expansion in Recent Times

Speaking at Heavy Duty Aftermarket Dialogue in Las Vegas, Bob Dieli, founder of RDLB says the expansion is in it 67th month and is closing in on being longer than the November 2001 to December 2007 expansion, which lasted 73 months.

January 6, 2015

China's Commercial Vehicle Market Remains Soft

The pace of China’s economy slowed in the third quarter of 2014, with growth of 7.3 percent on a year-over-year basis, according to the most recent "China Commercial Vehicle Outlook," jointly published quarterly by ACT and SIC, China’s State Information Center.

October 22, 2014

Goodyear Automatic Tire Inflation System in Fleet Testing

Goodyear will test its Air Maintenance Technology for commercial vehicles -- which keeps tires inflated without any external pumps or electronics -- on trucking fleets over the next year and a half.

October 10, 2014

Get the Most from Your Tire Pressure Sensors

Fleets are increasingly looking to tire pressure and temperature monitoring systems to optimize tire life and performance -- but if the system is not installed right, you won't get the full benefit of your investment.

October 9, 2014

Freight Market Getting Tighter

FTR’s Trucking Conditions Index increased to 9.10 in August, an upward trend that reflects a tight capacity situation for the freight market.

August 21, 2014

PressurePro, Truck Systems Technologies Announce Partnership

Advantage PressurePro and Truck Systems Technologies have teamed up to give fleets new tire pressure monitoring capabilities.

March 18, 2014

Economic Watch: Inflation Tame, Housing Starts Slip

The U.S. Labor Department reports the Consumer Price index increased 0.1% in February from the month before, the smallest hike since last October, while gaining just 1.1% over the last 12 months.

September 10, 2013

Studies Indicate TPMS and ATIS Are Money Makers

There are lots or reasons not to embrace fuel-saving technology (some better than others), but validation exists for tire-pressure mitigation systems. And the payback is significant.

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