Economy

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June 23, 2017

Economic Watch: Manufacturing Hits Nine-Month Low, Home Sales Rebound

A first look at the nation’s manufacturing sector this month shows conditions have hit a nine-month low, while home sales have roared back amid near-term expectations the overall economy will continue with a moderate expansion.

June 23, 2017

Trucking’s Share of Cross-Border Freight Falls

The value of freight moved between the U.S and its North American Free Trade Agreement partners Canada and Mexico moved higher in April for the sixth straight month, but trucking's share fell, according to new U.S. Transportation Department figures.

June 19, 2017

Improved Freight Demand Could Increase Equipment Purchases

FTR’s Trucking Conditions Index showed improving freight demand while ACT Research's For-Hire Trucking Index indicated that fleets were looking to buy new equipment.

June 16, 2017

Economic Watch: Housing, Consumer Confidence Down as Industrial Production Stalls

Political uncertainty could be partially to blame for some less-than-stellar economic reports, with show housing starts dropping, consumer confidence slipping, and industrial production stalled.

June 14, 2017

Economic Watch: Fed Hikes Interest Rates Again; Retail Sales, Inflation Ease

Despite retail sales falling by the biggest amount in 16 months and a dip in consumer prices, the Federal Reserve raised interest rates on Wednesday for the third consecutive quarter as the central bank signaled its confidence in the U.S. economy.

June 14, 2017

For-Hire Freight Falls for Second Straight Month

A measure of total for-hire freight movements in the U.S. fell for the second straight month in April, according to a report issued Wednesday by Transportation Department.

June 7, 2017

New Economic Indicators for Truck Freight Use DAT Truckload Data

Broughton Capital, an independent financial research firm, has unveiled a set of tools for truckload industry market watchers called DAT Freight Barometers.

June 2, 2017

Economic Watch: Unemployment Lowest in 16 Years as Trucking Jobs Dip

U.S. job growth continued in May with unemployment hitting its lowest level in 16 years, likely paving the way for the Federal Reserve to hike interest rates again in a couple of weeks.

June 1, 2017

Economic Watch: Manufacturing Firms, Construction Down as Personal Spending Jumps

Results from two surveys of the nation’s purchasing executives indicate manufacturing activity in the U.S. during May was nearly unchanged from the month before. Meanwhile, separate reports show construction spending eased, but consumer spending increased, resulting in hopes that the current quarter will be stronger for the overall economy than the previous one.

May 26, 2017

Economic Growth: GDP Not as Weak as First Estimated; Factory Activity Slows

Growth in the U.S. economy during the first quarter didn’t slow as much as first estimated, according to government numbers released Friday, while separate reports showed weaker factory activity but continued high consumer sentiment.

May 24, 2017

Economic Watch: Existing and New Home Sales Slow

Sales of both existing and new homes fell in April, according to two separate reports, as the nation’s home supply continues tightening.

May 23, 2017

ATA April Truck Tonnage Drops for Third Month

The American Trucking Associations’ advanced seasonally adjusted For-Hire-Truck Tonnage Index slid 2.5% in April, marking the third straight month of declines.

May 23, 2017

Economic Watch: May Manufacturing Activity Eases, Says Preliminary Report

A surge seen early this year in the nation’s manufacturing sector continued to lose steam this month, hitting an eight-month low.

May 23, 2017

Cross Border Freight Value Jumps Nearly 11%

The value of freight moved between the U.S. and its next door neighbor countries has spiked as all five major transportation modes carried more cargo in March compared to the year before, according to new Transportation Department figures.

May 16, 2017

Economic Watch: Industrial Production, E-Commerce Jump; Home Starts Drop

Industrial production in the U.S. rose in April more than expected and by the fastest rate in more than three years, according to a new report issued Tuesday. Meanwhile, separate reports show e-commerce continues to boom but the building of new homes fell for the second straight month.

May 12, 2017

For-Hire Trucking Index Shows 7th Straight Positive Reading

Following a three-year high in the previous month, April’s volume grew slower, according to the latest release of ACT Research’s For-Hire Trucking Index.

May 12, 2017

Economic Watch: Retail Sales Bounce Back along with Inflation Pressures

Retail sales in the U.S. bounced back in April after falling the month before as two readings of inflation also rebounded, all raising the prospect that the Federal Reserve will increase interest rates again in June.

May 11, 2017

Analysis: Look Deeper Into GDP Numbers for Better Trucking Insight

GDP doesn't always tell the whole story of trucking's economic climate. That's why MacKay & Company developed its proprietary measure, Truckable Economic Activity, reflecting the portion of the GDP that spends its time in trucks.

May 10, 2017

For-Hire Freight Eases Back from Record High

After setting a new record high, a monthly gauge of freight moved by the nation’s for-hire transportation industry retreated, according to new Transportation Department figures.

May 8, 2017

Celadon Stock in Danger of Being Delisted from NYSE

Celadon Group announced that it has been notified by the New York Stock Exchange that it has failed to meet the exchange's listing standard, which could result in the company’s stock being delisted.

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