Economy

1  -  20  of  1684

August 31, 2016

Economic Watch: Positive Indicators Prompt Talk of Interest Rate Hike

U.S. private sector employers reported another month of strong job gains on Wednesday, two days ahead of a government report. With increases in consumer confidence, personal spending and wages, it adds up to talk of a hike in interest rates as soon as September.

August 26, 2016

Cross-Border Freight Value Moves Lower for 18th Straight Month

New Transportation Department figures show June marked the 18th consecutive month the total value of U.S. freight movements with North American Free Trade Agreement (NAFTA) partners Canada and Mexico declined from the same time a year earlier.

August 24, 2016

Economic Watch: Manufacturing Declines, GDP Expectations Lowered

A preliminary look at the nation’s manufacturing sector shows it continues to expand following a recent downturn. Separate reports show expectations of long-term economic growth have been moved lower and the housing market is suffering from low inventory levels.

August 23, 2016

Truck Tonnage Hits Lowest Level in 9 Months

Truck tonnage in July hit its lowest level since October 2015, per the most recent American Trucking Associations' advanced seasonally adjusted For-Hire Truck Tonnage Index.

August 17, 2016

Commentary: In Search of the Bright Side Following "Brexit"

Opinions vary about the effect on the U.S. of the surprise June vote by residents of the United Kingdom to leave the European Union, but you should be aware of some of the potential ramifications.

August 16, 2016

Economic Watch: Manufacturing Pushes Industrial Production Higher Amid Other Reports

The output from the nation's factories, mines and utilities increased in July, the largest gain since November 2014, and there also are improvements in housing and e-commerce. But there is disagreement over what the latest inflation numbers mean for interest rates.

August 16, 2016

Cass Freight Index: Shipments, Freight Spending Continue Declines

Overall shipment volumes and pricing are persistently weak, with increased levels of volatility as all levels of the supply chain continue to try to work down inventory levels, according to the latest Cass Freight Index report.

August 10, 2016

Trucking Pushes For-Hire Shipments Higher for Third Straight Month

A new U.S. Transportation Department report shows the amount of freight carried by the nation’s for-hire transportation industry rose 0.6% in June from the month before, due in part to increased trucking shipments, and is up 0.4% from the same time

August 8, 2016

ATA Report Breaks Down Trucking's Big 2015

The American Trucking Associations has released the latest edition of its almanac of trucking, ATA American Trucking Trends 2016, which showcases industry trends over the last decade.

August 5, 2016

Spot Freight Market Could Be Looking Up

If you’ve given up on the truckload spot freight market or have been using it less because of the past year’s depressed rates, it might be time to give it a second look.

August 5, 2016

Economic Watch: Unemployment Falls, Trade Deficit Jumps

Both trucking and the wider economy added jobs in July, according to new Commerce Department figures, while separate reports show the U.S. trade deficit grew in June to a one-year high and new factory orders fell again.

August 5, 2016

Quarterly Intermodal Growth Streak Ends

Overall intermodal traffic recorded its first volume decline in the second quarter of the year following 25 consecutive quarters of growth, according to a new report from the Intermodal Association of North America.

August 3, 2016

Earnings Watch: XPO Swings Into the Black, USA Reports Loss

Two trucking operations reported their second-quarter financials on Wednesday, with one reporting its first profit since purchasing LTL carrier Con-way last year, while the other reported a loss that was attributed to falling rates and freight volume.

August 1, 2016

Economic Watch: Manufacturing Continues Rebound, Construction Declines

After hitting a post-Great Recession low, economic activity in the nation’s manufacturing sector continues to grow, but how strong that growth is depends on which report you read.

July 29, 2016

Economic Watch: New GDP Reading Disappoints, Consumer Sentiment Falls

Hopes that the American economy picked up a good head of steam in the second quarter of the year were quickly dashed on Friday following numbers being issued by the U.S. Commerce Department.

July 29, 2016

Earnings Watch: UPS, YRC, Saia, ArcBest, Universal

The week wrapped up with more fleets reporting their second-quarter earnings. Like many that have already advised, profits for three were lower, while the largest trucking company in the nation and another a few years ago that was on the brink of extinction showed improvements.

July 27, 2016

Earnings Watch: Covenant, Knight, Roadrunner See Lower Profits

Phrases such a “challenging freight market” and a freight environment that’s “less attractive” continued to be some of the buzz words Wednesday as another raft of second quarter corporate earnings washed ashore, while one company defied the trend with its net income soaring more than 300%.

July 27, 2016

Economic Watch: Durable Goods Dive, New Home Sales Jump

While new orders for manufactured durable goods plunged in June, a closely watched economic indicator shows a gain for the first time in three months, as a separate report shows a big hike in new home sales and another is calling for even better retail sales.

July 26, 2016

Earnings Watch: Hub, C.H. Robinson, Wabash National, Rush Enterprises

The second quarter earnings season continued on Tuesday with companies ranging from a fleet and 3PL to a trailer maker and mega-dealer, with all but one reporting higher earnings than the same time last year.

July 22, 2016

Economic Watch: Manufacturing, Leading Indicators Spark Optimism

A new preliminary report shows U.S. manufacturing rising this month at its fastest pace since November 2015, following a post-Great-Recession low in May – "an encouraging sign of revival," says financial information services provider Markit.

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