Economy

1  -  20  of  1645

June 24, 2016

Trailers Orders Down 14% in May

Trailer orders fell nearly 14% month over month in May, coming close to earlier projections for a seasonal slowdown.

June 24, 2016

Economic Watch: Business Investment Sinks as Durable Orders Decline

Orders and shipments of long-lasting durable goods fell in May, according to a preliminary Commerce Department report. One measure of business investment fell by the most in three months, but other reports show homes and consumers remain a cornerstone of the economy.

June 23, 2016

Trucking Only Mode to See Monthly Hike in NAFTA Freight

Trucks carried more U.S. freight by value between North American Free Trade Agreement partners Canada and Mexico in April 2016 compared to the same time a year ago, but declines in all other freight modes led to a 3.2% drop in the total current dollar value of cross-border freight.

June 23, 2016

Economic Watch: Manufacturing Rebounding, Overall Growth Moderate

The nation’s manufacturing is continuing to show signs of renewed life following a downturn, while separate reports show overall moderate economic growth with existing home sales booming.

June 22, 2016

Earnings Watch: Covenant Latest to Lower Second Quarter Outlook

Covenant Transportation Group Inc. has lowered expectations for its second quarter earnings report due to the current freight market as well as internal issues it’s facing.

June 21, 2016

Earnings Watch: FedEx Narrows Loss, Werner Lowers Expectations

FedEx Corp. cut much, but not all, of its second quarter losses compared to a year earlier, while a preview of Werner Enterprises Inc. second quarter earnings sent heartburn throughout trucking and Wall Street amid concerns about second quarter trucking profits.

June 21, 2016

Truckload Linehaul, Intermodal Rates Still Dropping

Separate gauges of truckload line haul rates and intermodal rates both fell in May, according to newly released figures, following a Monday report showing freight levels are well below those of the last several years.

June 20, 2016

Slow Economy Reflected in Lower Freight Shipments, Spending

Although North American freight shipments continued to climb in May, they are still well below those of the last several years, and expenditures for freight fell for the third time in five months, according to the latest Cass Freight Index Report.

June 16, 2016

Fleets Answer the Question, 'How's Business?'

After enduring a bruising first quarter that saw falling profits at many fleets, it comes as no surprise that in a second quarter survey of business conditions fleet executives are feeling a bit down.

June 16, 2016

Economic Watch: Consumer Prices Rise, Inflation Within Fed Target

Retail prices inched up again in May, while a closely watched measure of inflation by the U.S. Federal Reserve remains slightly above a level that sets the stage for an interest rate hike later this year.

June 15, 2016

Economic Watch: Industrial Production Falls, Wholesale Prices Up

A decline in manufacturing activity helped push down the amount of output from the nation’s factories, mines and utilities in May, while prices at the wholesale level moved higher for the second straight month, according to economic reports released Wednesday.

June 14, 2016

Economic Watch: Retail Sales Post Another Solid Gain

U.S. retail sales rose a stronger-than-expected 0.5% in May from the month before, building on a strong April gain, which could lead to better expectations of overall second quarter economic growth.

June 6, 2016

Daimler Trucks to Cut 1,240 Jobs

DTNA has announced a workforce reduction across its North American production facilities, laying off about 1,240 workers in response to sustained reductions in truck orders.

May 27, 2016

Trucking Sees Smallest Decline In Cross-Border Freight Flows

Trucking and four other transportation modes carried less U.S. freight by value with North American Free Trade Agreement (NAFTA) partners Canada and Mexico in March 2016 compared to a year earlier, according to a new Transportation Department report.

May 27, 2016

Economic Watch: GDP Growth Improves, Still Weak; Consumers Happy

Despite the nation’s gross domestic product in the first quarter of the year moving higher than first thought, growth remains at its lowest level since the first quarter of 2015, according to a Commerce Department report released Friday. Yet a separate survey shows this has yet to damper consumers’ feelings.

May 26, 2016

Economic Watch: Business Investment Still Weak, Durable Goods Orders Jump

Orders for long-lasting manufactured durable goods surged in April, but the hike is a bit deceptive if you don’t dig below the surface of Commerce Department numbers.

May 24, 2016

Economic Watch: Manufacturing Weakens More, New Home Sales Jump

The U.S. manufacturing sector crept closer to contracting in May, while new homes sales in April hit their highest level in more than eight years.

May 17, 2016

Economic Watch: Retail Inflation, Industrial Production Rebound

Retail prices in the U.S. posted their biggest gain in three years during April, while industrial production increased the most in more than a year, as e-commerce and housing starts remain healthy.

May 16, 2016

Earnings Watch: Radiant Logistics Moves Into the Red

The third party logistics and multi-modal transportation services company Radiant Logistics Inc. reported on Monday afternoon it swung from a profit to a loss in the first quarter of the year despite a 54.2% increase in net revenue.

May 16, 2016

Freight Shipments, Rates Well Below Year Earlier Levels

The amount of North America freight shipments and freight spending remain below levels from a year ago despite monthly gains, according to the latest Cass Freight Index report, and there is a concern conditions could get worse.

Previous||12345678910...8283||

Newsletter

We offer e-newsletters that deliver targeted news and information for the entire fleet industry.

GotQuestions?

Lubricants

The expert, Mark Betner from CITGO, will answer your questions

View All

GotQuestions?

Transmissions

The expert, Brian Fletcher from Eaton, will answer your questions

View All