Economy

41  -  60  of  1630

March 16, 2016

Earnings Watch: FedEx Profit Falls, Adjusted Earnings Up

Trucking and parcel delivery company FedEx Corp. on Wednesday reported lower quarterly profits, but adjusted earnings were better than expectations.

March 15, 2016

Port Traffic Expected to Return to Normal Patterns

Import cargo volume at the nation’s major retail container ports should see its traditional buildup toward the summer, despite difficult comparisons with last year’s unusual patterns, according to one report.

March 15, 2016

Economic Watch: Retail Sales Slip Again, Key Price Indicator Rises

Retail sales in the U.S. fell for the second consecutive month during February, according to a new preliminary Commerce Department report, raising some concerns about overall economic growth this year.

March 14, 2016

Commentary: It's Wait and See for Fleets in 2016

One transportation analyst described 2015 as disappointment on the heels of a strong 2014 and this year may end up being more of the same.

March 10, 2016

Freight Shipments, Spending Rebound Somewhat

The number of North American freight shipments and the amount of expenditures both posted strong increases in February from the month before, according to newly released Cass Freight Index figures.

March 8, 2016

Government Revises Diesel, Gasoline Price Forecast Lower

Average prices for trucking’s main fuel along with those for gasoline and crude oil are all expected to remain low this year, according to the latest U.S. Energy Department Short-Term Energy Outlook, and aren’t expect to rise significantly next year.

March 8, 2016

Earnings Watch: Navistar Losses Decline, Hit $33 Million

Truck and engine manufacturer Navistar International Corp. on Tuesday surprised many analysts with its announcement that it narrowed its losses more than expected during its most recent fiscal quarter.

March 4, 2016

Economic Watch: Employment Improves Despite Trucking Losses

Gains in total U.S. employment remain strong, with a new report showing non-farm payrolls increased in February from the month before. A renowned economist said this week the U.S. economic picture is one of the brightest on the world’s economic stage.

March 3, 2016

Economic Watch: Factory Activity Turns Around, ‘Beige Book’ Improves

New factory orders and shipments rebounded at least somewhat in January, while measures of business investment and inventories also improved, according to new Commerce Department figures.

March 2, 2016

Economic Watch: Employers Add Another 200,000 Plus Jobs

Employment in the private sector jumped again in February, mainly led by the service industry, while recent weakness in manufacturing translated into a loss of jobs.

March 1, 2016

Economic Watch: Manufacturing Remains Weak, Construction Booming

Economic activity in the nation’s manufacturing sector showed only slightly better signs of life in February and remains tepid, but construction spending in January hit it highest level since 2007, according to newly released reports.

February 26, 2016

Lower Oil Prices Push Down Cross-Border Freight

Large declines in the value of oil and other petroleum-related products during 2015 was reflected in a lower value of cross-border freight movements between the U.S. and its neighbors, according to new Transportation Department figures.

February 26, 2016

Economic Watch: GDP Improves; Capital Spending, Consumers Rebound

Following a raft of disappointing economic news, there are new encouraging signs about the health of the American economic, with improvements in some of the most closely watched measures – including the beleaguered manufacturing sector.

February 24, 2016

Earnings Watch: XPO Reports Loss of Nearly $63 Million

Despite greatly increased revenue in the final quarter of last year and for all of 2015, the fleet that purchased Con-way last year reported bigger losses.

February 24, 2016

Increased Capacity Hurts Truckload Rates, Low Fuel Prices Hit Intermodal

Truckload rates grew at a weaker pace for the fifth consecutive month in January, according to newly released numbers, while intermodal rates are expected to continue a drop that started a year ago.

February 23, 2016

Economic Watch: New Reports Raise Concerns About a Recession

A glimmer of hope that U.S. manufacturing was starting to rebound at the start of the year may have been quickly been dashed, leading to increasing concerns about the state of the overall economy, while separate reports show consumers don’t feel as good as they did last year, but they are still in the mood for home buying.

February 19, 2016

Economic Watch: Inflation Makes a Return, Leading Indicators Down Again

Consumer prices are heading higher, according to new U.S. Labor Department numbers, increasing speculation that the Federal Reserve will raise interest rates again.

February 18, 2016

Earnings Watch: Dana Reports $82 Million Loss

Dana Holding Corp. moved from a profit to a loss in the fourth quarter of last year, as sales turned lower and it felt the effects of a strong U.S. dollar on overseas operations.

February 17, 2016

Earnings Watch: Radiant Reports Net Loss, Adjusted Earnings Increase

The third party logistics and multi-modal transportation services company Radiant Logistics Inc. moved from a fourth quarter profit a year ago to loss in the most recent quarter, but adjusted earnings improved.

February 17, 2016

Economic Watch: Housing Drops as Industrial Production, Inflation Bounce Back

New home starts in the U.S. fell in January to the lowest level in three months, but industrial production, which includes manufacturing, reversed its string of recent declines. At the same time, wholesale prices increased, leading some to believe interest rates may soon move higher.

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