Economy

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August 21, 2014

Heavy Duty Truck Manufacturing Value Up More Than 50%

The total value of shipments in the heavy-duty truck manufacturing business have increased the most of three vehicle classes over the past five-years, according to new 2012 Economic Census statistics released Thursday by the U.S. Census Bureau.

August 21, 2014

Truckload Linehaul, Intermodal Rates Continue Heading Higher

Linehaul rates for truckload shipping continue to rise, according to the latest Cass Linehaul Rate Index. On average, North American shippers paid 7.2% more in July of this year than last in their truckload linehaul rates.

August 21, 2014

Economic Watch: Indicators, Existing Home Sales, Manufacturing Jump

The latest measure on the condition of the U.S. economy and where it's heading shows improvement again, according to the private research group The Conference Board.

August 19, 2014

Truck Tonnage Increases 1.3% in July, Near Record High

The American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index rose 1.3% in July, following a decrease of 0.8% the previous month, according to newly released figures.

August 19, 2014

Economic Watch: Inflation Lowest in Five Months, Housing Best Since January

UPDATED -- Consumer prices increased as the slowest pace in five months during July, increasing just 0.1% from the month before, according to the U.S. Commerce Department.

August 18, 2014

Economic Watch: Homebuilder Confidence Up Amid Bearish Expectations

Builder confidence in the market for newly built, single-family homes rose two points to 55, according to the National Association of Home Builders/Wells Fargo Housing Market Index for August, released Monday.

August 15, 2014

Economic Watch: Industrial Production Surges, Inflation Tame

Industrial production in the U.S. increased 0.4% in July for its sixth consecutive monthly gain, according to new Federal Reserve numbers, due in large part to a big increase in activity within the auto sector.

August 13, 2014

DOT Freight Index Near All-Time High Despite Slight Drop

The U.S. Transportation Department’s Freight Transportation Services Index declined 0.9% in June from May, falling after four consecutive monthly increases, according to numbers released Wednesday.

August 13, 2014

Cass Freight Index Posts Usual Summer Decline

The freight logistics sector slowed in July, following a seasonal trend, with both freight shipments and freight payments down 3.9% from the previous month, according to the latest Cass Freight Index.

August 11, 2014

Trucking Conditions Index Moves Higher

FTR’s Trucking Conditions Index showed some positive movement in June after moderating slightly during the prior two months.

August 8, 2014

July Truckload Freight Volume, Rates Up from a Year Earlier

Truckload freight availability remained elevated in July compared to previous years despite a seasonal dip, according to the DAT North American Freight Index released Friday.

August 7, 2014

Economic Watch: Jobless Benefit Claims Sink to 2006 Low

First time jobless claims over the last month in the U.S. fell to its lowest level since February 2006, well before the Great Recession.

August 5, 2014

Economic Watch: Factory Shipments, Orders Post Solid Gains

UPDATED -- Shipments increased 0.5% from the month before following a May drop of 1%, hitting its highest level on record.

August 4, 2014

Intermodal Shipments Post Solid Second Quarter Gains

International containers increased 9.6%, trailers improved by 4.3%, and domestic containers grew 7.6% quarter-over-quarter, all indications that the intermodal industry is recovering from a harsh winter and a contracted economy.

August 1, 2014

Economic Watch: Trucking Adds to U.S. Job Growth, Manufacturing Surges

The number of jobs created in the U.S. posted its sixth straight month of being above the 200,000 mark in July but the number was softer than the previous month’s level.

July 30, 2014

Economic Watch: GDP Surges, July Employment Gains

The U.S. economy surged in the second quarter of the year, bouncing back from its worst performance in five years, according to new U.S. Commerce Department figures.

July 29, 2014

Economic Watch: Consumer Confidence Best in Nearly Seven Years

U.S. consumer confidence increased in July -- the third month in a row, according to a new survey from the private research group The Conference Board.

July 25, 2014

Truck Movements Into U.S. Increase for Fourth Straight Year

The number of commercial truck crossings into the United States from Canada and Mexico was 10.8 million in 2013, 1.1% more than in 2012, according to new U.S. Department of Transportation figures.

July 25, 2014

Cross-Border Trade Up in May

The value of trade between the United States and its North American trading partners rose in May compared to a year ago, reports the Department of Transportation, led by petroleum products going by pipeline between the U.S. .and Canada, and electrical machinery going by truck between the U.S. and Mexico.

July 25, 2014

Economic Watch: Durable Goods Higher, Construction Advances

UPDATED -- Shipments and new orders for durable manufactured goods both increased in June following declines the month before, while total U.S. construction in June hit its highest level so far this year.

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