41  -  60  of  1522

September 25, 2015

Swift Transportation Revises Profit Expectations

Swift Transportation has lowered projections for profits for the final two quarters of the year and for the full year, due in large part to at least one accident, legal claims and expected lower freight volume.

September 25, 2015

Economic Watch: GDP Revised Upward, Consumer Sentiment Declines

The U.S. economy performed better in the second quarter of the year than earlier thought, according to a new Commerce Department report Friday, leaving some wondering if this puts the Federal Reserve closer to raising interest rates.

September 24, 2015

Economic Watch: Manufacturing Cools, New Homes Soar

Economic watchers got a mixed bag of reports on Thursday. One showed an easing in part of the manufacturing sector, including a measure of business investment. However, two others were upbeat regarding housing and the upcoming holiday sales season.

September 23, 2015

Economic Watch: Manufacturing Still Sluggish, Construction Declines

September marks another month of relatively subdued growth across the U.S. manufacturing sector, according to a preliminary report, and construction activity in the U.S. retreated in August.

September 21, 2015

Crude Oil Prices Affect U.S. Production

Crude oil prices are moving higher amid concerns that low prices have led to too many crude production cuts.

September 21, 2015

Economic Watch: Existing Home Sales Slow

Following three straight months of gains, existing–home sales dipped in August, according to a new report from the National Association of Realtors.

September 18, 2015

Economic Watch: Leading Economic Index Points to Slow Growth

A measure of the health of the nation’s economy and where it's headed moved slightly higher, but one analyst says the rate of growth remains unimpressive.

September 17, 2015

Economic Watch: Interest Rates Unchanged, Housing Starts Fall

Following a highly anticipated two-day meeting, the U.S. Federal Reserve’s Open Market Committee announced it is keeping interest rates unchanged, despite earlier indications it was moving toward a hike.

September 16, 2015

Economic Watch: Inflation Well Below Fed’s Goal for Interest Rate Hike

As the U.S. Federal Reserve’s Federal Open Market Committee begins a two-day policy meeting to decide whether to raise interest rates, it’s missing one key element.

September 16, 2015

FedEx Reports $692 Million Profit, Increases Rates

FedEx Corp.'s profits in its most recent fiscal quarter increased from a year earlier, but the company lowered expectations for the full year.

September 15, 2015

Economic Watch: Latest Indicators May Keep Lid on Interest Rate Hike

Retail sales in the U.S. posted another gain in August, leaving some wondering if it will be enough to push the Federal Reserve to hike interest rates from near zero for the first time in several years.

September 14, 2015

Economy Improving, But Challenges Abound

There are a number of positives for the U.S. economy and for trucking going forward, but a number of “headwinds” remain. That according to John Larkin, managing director of the investment firm Stifel, Nicolaus & Company.

September 14, 2015

Cass Freight Index Posts Unusual Drop for August

North American freight shipment volume and expenditures dropped for the second month in a row during August as the summer slowdown hit.

September 10, 2015

For-Hire Freight Shipments Rebound After One-Month Decline

A measure of the amount of freight moved by the nation’s for-hire transportation industry rose 0.6% in July from June, following a single month decline.

September 4, 2015

Trucking Gains 700 Jobs, Unemployment Drops to 5.1%

August employment numbers show a 700-job gain for the trucking industry, while unemployment dropped to its lowest level since April 2008.

September 2, 2015

Economic Watch: U.S. Jobs Picture Improves, Manufacturing Struggling

The employment picture in the U.S. continues to improve but the manufacturing sector is fighting to show better signs of life.

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.


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