Economy

41  -  60  of  1934

January 24, 2018

Trucking Economy Forecast Looks Good for 2018

Truckable Economic Activity is expected to continue at its current pace, according to Dr. Bob Dieli, president and founder of RDLB Inc., speaking at Heavy Duty Aftermarket Dialogue in Las Vegas.

January 23, 2018

ATA Truck Tonnage Index Rose 3.7% Last Year

The American Trucking Associations' advanced seasonally adjusted For-Hire Truck Tonnage Index increased by 3.7% overall in 2017 compared to the year before, marking its largest annual gain since 2013.

January 22, 2018

Truckload Linehual, Intermodal Rates Continue Increasing

A measure of truckload linehaul rates has hit a new record high while a separate gauge of intermodal shipping rates showed it posted its 15th straight increase.

January 19, 2018

Economic Watch: Consumer Sentiment Hits 6-Month Low, Housing Starts Fall

Consumers are feeling less upbeat, due to uncertainty about economic conditions following the tax overhaul recently signed into law, according to a new report. Meanwhile the level of new home construction last year was the best in a decade despite a December decline.

January 17, 2018

Economic Watch: Industrial Production Posts Biggest Annual Gain in 7 Years

A surge in industrial production for December exceeded expectations, but the strength was largely a function of a weather-related utilities spike. A separate report showed a lot of optimism remains when it comes to the market for newly built homes.

January 12, 2018

Economic Watch: Annual Retail Sales Best in 3 Years, Inflation Threat Eases

Retail sales ended 2017 on a high note, while price inflation at both the retail and wholesale levels are of so little threat to the economy, some analysts are wondering if they will keep a lid on planned interest rate hikes.

January 12, 2018

Driver Pay: Making the Grade

The rising economy has whipped up the driver shortage and turnover situation to a froth that can only be smoothed by paying long-haul drivers considerably more — and more smartly.

January 11, 2018

New Conference Puts Focus on Freight Technology

FreightWaves is launching its inaugural Transparency18 conference, focusing on freight technology and the economy. The conference is set to take place from May 22-23 in Atlanta, Ga.

January 10, 2018

For-Hire Freight Index Hits Another Record High

The amount of freight moved by the U.S. for-hire transportation industry hit a second consecutive all-time high in November, according to new Transportation Department figures.

January 9, 2018

Diesel, Gasoline Prices Expected to Jump Less This Year

The outlook for national average on-highway diesel prices is for them to be higher this year and in 2019 than they were last year and in 2016, but they should at least be fairly stable during this time, according to the latest Short Term Energy Outlook from the U.S. Energy Department.

January 8, 2018

Economic Watch: Retail Imports Show 7% Annual Growth

Imports at the nation’s major retail container ports grew 7% during 2017 over 2016 as retail sales continued to increase and the industry wrapped up the year with a strong holiday season, according to new Global Port Tracker figures released by the National Retail Federation, a retail trade association, and Hackett Associates, an international maritime consulting, research and advisory firm.

January 5, 2018

Economic Watch: Employment, Factory Activity, and a Possible Drag on GDP

The number of overall job additions in the U.S. slowed in December as the trucking industry shed some positions, while separate reports show a bit of softening in the factory sector, amid a new concern about the overall economic performance in the final part of 2017.

January 4, 2018

Trucking Helps U.S.-NAFTA Freight Value Post 12th Straight Monthly Gain

The value of freight moved between the U.S. and its North American Free Trade Agreement partners posted its 12th consecutive year-over-year increase in October, according to newly released Transportation Department figures.

January 3, 2018

Economic Watch: Manufacturing Surges, Construction Scores Record High

Two readings of the nation’s manufacturing sector showed solid increases in December with one showing the strongest growth in nearly three years while another report showed construction spending hit a record high.

January 2, 2018

Analysis: Will We Avoid the First-Quarter GDP Blues?

While final economic numbers for 2017 have yet to roll in, economic growth was strong. Will it keep moving higher into the New Year? Analysis by Business Contributing Editor Evan Lockridge.

December 27, 2017

Economic Watch: Consumer Confidence Slips, Overall Expectations Still High

Uncertainty about tax reform was the likely culprit as a measure of consumer confidence retreated this month after hitting a 17-year high. However, expectations are the current quarter will show solid overall economic performance once more numbers start rolling in.

December 20, 2017

Economic Watch: Existing Home Sales, New Home Building Surge

Existing-home sales moved higher for the third straight month in November and reached their strongest pace in almost 11 years, while new construction of single family homes surged to a 10-year high, according to two new reports.

December 15, 2017

Economic Watch: Industrial Production, Manufacturing, Retail Sales Post Solid Gains

The amount of output from the nation’s factories, mines, and utilities posted its third straight monthly increase in November, according to newly released figures, while separate reports showed manufacturing increasing even more last month while retail sales are surging.

December 13, 2017

Fed Boosts Interest Rates Again, More Hikes Planned

The U.S. Federal Reserve’s Federal Open Market Committee raised interest rates again Wednesday. It's a sign that the Fed believes the economy is in no danger of slowing down, including taking into consideration this week's latest economic reports.

December 13, 2017

For-Hire Freight Level Hits Third Record High in Past Four Months

A measure of the amount of freight moved by the nation’s for-hire transportation industry rebounded to another record high in October, according to new Transportation Department figures, following a decline the month before.

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