Economy

1  -  20  of  1466

August 27, 2015

Cross-Border Freight Value Falls During June

The value of freight moved between the U.S. and its North America Free Trade Agreement partners fell in June, according to a new Transportation Department report, totaling $99 billion, as all modes except truck carried less freight.

August 27, 2015

Economic Watch: Growth Accelerates in Second Quarter

The U.S. economy grew by leaps and bounds in the second quarter of the year compared to the first quarter, according to a new government estimate released Thursday, which should ease investors fears in the wake of a global stock market sell-off.

August 26, 2015

Kenworth Execs Talk Trucks and Trucking

In a wide-ranging discussion with trucking journalists at its headquarters Tuesday, Kenworth executives shared their insights on topics ranging from autonomous trucks to the safety of the industry.

August 25, 2015

Economic Watch: Latest Readings Don’t Merit Wall Street's Panic

The underlying fundamentals of the U.S. economy are better than, or at least nowhere near as bad as, the panic that set into Wall Street starting late last week and extended into Monday, according to several newly released reports.

August 19, 2015

Economic Watch: Inflation Below Fed's Goal for Raising Interest Rates

Inflationary pressures on the U.S. economy remain low, as evidenced by a report released Wednesday by the Commerce Department showing an increase of just 0.1% in July from the month before.

August 18, 2015

Truckload Rates Rising Rapidly, Intermodal Lagging

Truckload shipping rates continue to rise, while intermodal shipping continues to get cheaper, according to two of the latest monthly readings. A wider report on freight transportation showed a seasonal lull.

August 18, 2015

Economic Watch: Homebuilding Best in Years

The U.S. housing market continues to improve, with new home starts hitting their highest level in seven years and builder optimism the best in nearly a decade.

August 14, 2015

Economic Watch: Factory Activity, Wholesale Prices, Consumer Confidence

The amount of activity at the nation’s factories, mines and utilities turned in its best performance in eight months during July, according to a new Federal Reserve report on Friday.

August 13, 2015

For-Hire Freight Activity Mixed During June

A measure of the amount of for-hire freight movements in the U.S. posted mixed numbers for June, according to new Transportation Department figures.

August 13, 2015

Economic Watch: Retail Sales Recover Following Slump

U.S. consumers showed a new willingness to spend more money last month, an indication there may be increasing momentum in the economy.

August 11, 2015

Commentary: Regulatory Drag and the Driver Shortage

Despite projections of an economic slowdown, upcoming regulations could still require fleets to find large numbers of new drivers.

August 10, 2015

Earnings Watch: XPO Logistics, Echo Global Logistics

Two varied freight transportation and logistics providers recently reported second quarter earnings, with one showing a big leap in business following two purchases while the other moved into the red, but only slightly.

August 10, 2015

Commentary: The Coming Headwinds

The trucking industry has enjoyed prosperity in recent years but as the recovery continues, some analysts are projecting a slowdown.

August 7, 2015

Economic Watch: Trucking, Overall Employment Improve

As for-hire trucking employment hit its highest level in more than eight years, total non-farm employment in the U.S. increased by 215,000 jobs while the unemployment rate remained unchanged.

August 5, 2015

Economic Watch: Job Gains Moderate, Service Sector Jumps

Even as service sector growth surged in July, a lackluster employment report is leading to more speculation on whether the Federal Reserve will raise interest rates at its September meeting.

August 4, 2015

Earnings Watch: Roadrunner Transportation, USA Truck

Roadrunner Transportation Systems Inc. on Tuesday reported increases for both profit and revenue for the second quarter of the year.

August 3, 2015

Economic Watch: Manufacturing Uneven, Consumer Spending Strong

The pace of U.S. manufacturing growth, a key indicator affecting trucking, slowed in July from its highest level in five months, according to a survey of the nation’s supply executives.

August 3, 2015

ArcBest Reports $20 Million Profit

With record second-quarter revenue, ArcBest's net income rose to $20 million, or 74 cents per diluted share, from $17.2 million, or 64 cents per diluted share a year earlier.

July 30, 2015

Economic Watch: GDP Jumps in Second Quarter, First Quarter Revised Upward

The first reading on how well the American economy performed in the second quarter of the year shows it accelerated well ahead of the first quarter pace, according to the U.S. Commerce Department.

July 30, 2015

Earnings Watch: YRC Back in the Black, ODFL Profit Up 16%

UPDATED -- The parent to several trucking companies moved from a loss in the second quarter of last year to a profit in the most recent quarter.

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