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October 22, 2015

Economic Watch: Home Market Booming, Leading Indicators Mixed

Existing home sales rebounded strongly in September following an August decline, according to the National Association of Realtors. That's not the only good news when it comes to an improving home market, and a separate report shows the overall economy isn't as bad as you may think.

October 22, 2015

Earnings Watch: Daimler, Dana and Rush Enterprises

Daimler AG, Dana and Rush Enterprises all saw weaker third-quarter financials compared to a year ago, thanks in part to the recession in Brazil and the downturn in the North American oil and gas industry.

October 22, 2015

Earnings Watch: Werner, Knight, Ryder, Forward Air

Two large trucking fleets reported big increases in profits for the third quarter of the year. A fleet management and related services conglomerate also saw a hike, but things slipped for a niche trucking provider.

October 20, 2015

Marten Transport Profit Improves Nearly 10 Percent

Marten Transport reported a 9.9% increase in third quarter net income from a year earlier, due in part to increased dedicated business.

October 19, 2015

Economic Watch: Industrial Production Falls, Consumers Optimistic

A report released Friday shows industrial production in the U.S. fell for the second consecutive month, the latest confirmation the economy lost some ground in the third quarter of the year.

October 19, 2015

Covenant Transport Reports Strong Earnings Increase

Covenant Transportation Group reported a big gain in third quarter profit. Revenue slipped 2.3% but freight revenue moved higher.

October 18, 2015

Graves Cites Carriers’ Health, Decries Congressional ‘Disarray’

PHILADELPHIA – “Most motor carriers have had a pretty good year – not great – but pretty good for 2015,” said Bill Graves, president of the American Trucking Associations, in his annual report on the state of the industry.

October 18, 2015

Economic Fundamentals Better Than They Appear

PHILADELPHIA — Freight volumes and GDP growth have not been as high as many hoped this year, but trucking companies should be ready for growth to return to higher levels, according to a presentation by two economists at the American Trucking Associations’ Management Conference & Exhibition.

October 15, 2015

For-Hire Freight Shipments Hit New Record in August

The amount of for-hire freight increased for the second consecutive month, hitting a new record high, due in large part to a jump in truck shipments, according to new U.S. Transportation Department figures.

October 15, 2015

What Happens to Trucking When Interest Rates (Finally) Rise?

One day the Federal Reserve will raise interest rates – perhaps as early as this fall. But what will this mean for trucking?

October 15, 2015

Economic Watch: Overall Inflation Absent, Core Prices Jump

Overall inflation is posing no threat to the U.S. economy, with a new report showing retail prices fell in September, the biggest drop in eight months. However, a key measure inside this moved higher, leading to more guessing about whether the Fed will raise interest rates.

October 14, 2015

Economic Watch: Retail Sales Barely Increase, Wholesale Prices Drop

Retail sales in the U.S. barely moved higher last month -- about half what many analysts were expecting. With wholesale prices falling the most in eight months. there's more speculation on what will happen with interest rates.

October 14, 2015

Freight Shipments, Payments Increase After Two Monthly Declines

Freight shipments and payments rose in September following two straight monthly declines, according to the latest Cass Freight Index.

October 8, 2015

Slow Economic Growth Likely to Continue; Fed Policy Big Unknown

One economist is predicting continued slow growth for the economy, but believes our current economic models aren’t working when it comes to federal fiscal policy.

October 2, 2015

Economic Watch: Employment, Manufacturing Disappoint; Construction Skyrockets

Despite a booming construction sector, the latest reports on jobs and manufacturing have some concerned that the U.S. economy is losing some of its steam.

October 1, 2015

Truck Demand May Be Slower Through 2016

After a strong end to 2014 and early 2015, the truck market has softened. With several unknown factors like regulations and fluctuating economic conditions, it looks like this trend may continue for a while.

September 30, 2015

Economic Watch: September Job Additions Total 200,000

Private sector employment increased by 200,000 jobs from August to September, according to a new report from the payroll processor ADP, but manufacturing lost jobs.

September 29, 2015

Economist Shares Positive Outlook at ACT Research Seminar

At least one economist is feeling good about the U.S. economy. Speaking at the 53rd ACT Research seminar Tuesday, Augustine Faucher, senior economist for PNC Financial Services Group, told the audience that the market “continues to look good for U.S. produced goods.”

September 29, 2015

U.S.-Cross Border Freight Movements Drop 8% in Value

The value of freight moved between the U.S. and its next door neighbors Canada and Mexico totaled $93 billion in July 2015. All modes except air carried less freight than in July 2014.

September 29, 2015

Economic Watch: Consumer Confidence, Spending Increasing

Consumers are feeling better than they were before and are spending more money because they are taking home larger paychecks, according two new reports. That bodes well for truck freight.


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