Economy

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October 27, 2016

Earnings Watch: YRC, Universal Truckload Post Smaller Profits

Earnings for the parent of the mainly less-than-truckload carrier YRC Freight and others turned in a smaller third quarter numbers late Thursday, while one logistics operator also reported its profit is down from a year ago.

October 27, 2016

Cross-Border Freight Value Posts First Hike in More Than a Year

The total value of U.S. freight moved between Canada and Mexico during August posted its first year-over-year increase since December 2014, according to new Transportation Department figures.

October 27, 2016

Earnings Watch: UPS, ODFL Rise; Knight, P.A.M., Hub, Echo Fall

At a time when many trucking companies are reporting lower third quarter profits, two report slight gains – but they remain the exception rather than the rule.

October 27, 2016

Economic Watch: Durable Goods Mixed, New Home Sales Best in 9 Years

Shipments and new orders for long-lasting manufactured durable goods were varied in September. While home sales continue growing, one key economic indicator fell.

October 26, 2016

Earnings Watch: Saia Earnings Up, C.H. Robinson Down

As more trucking companies report third quarter earnings, most are showing profits are down from the same time a year ago – but there are a few exceptions.

October 24, 2016

Economic Watch: Manufacturing, Leading Indicators Rebound

New preliminary numbers suggest U.S. manufacturers started the fourth quarter in a strong fashion, and other numbers point to an improving overall economy in the final three months of the year -- with manufacturing and housing, two key areas related to truck freight, helping lead the way.

October 20, 2016

Earnings Watch: Heartland, Werner, Forward Air Profits Fall, Marten Stable

UPDATED -- The third quarter earnings season continued on Thursday with the release of reports showing more trucking companies had lower earnings compared to a year ago, with another held on.

October 19, 2016

Earnings Watch: Covenant Profit Plunges 62%, Landstar Slips 7.6%

Profit for the Tennessee-based parent to Covenant Transport plummeted in the third quarter, while Landstar System recorded only a 7.6% decline, according to numbers released late Wednesday afternoon.

October 19, 2016

Freight Index Disappoints After Offering ‘False Hope’

After offering a glimmer of “less bad” hope in August, one measure of freight shipments data in September disappointed.

October 19, 2016

Economic Watch: Consumer Prices Jump, May Push Interest Rates Higher

While the strength of nation’s homebuilding market has eased just a bit, it remains robust. Meanwhile, a measure of consumer prices show it’s approaching a level the Federal Reserve has said it needs to hit in order to raise interest rates.

October 17, 2016

Economic Watch: Manufacturing Pushes Industrial Production Higher

The total output from the nation’s factories, mines and utilities rebounded last month, posting its best quarterly performance in a year, due in part to increased manufacturing, according to new Federal Reserve figures.

October 17, 2016

Earnings Watch: Lower J.B. Hunt Numbers Kick off 3rd Quarter Reports

Third quarter earnings for the nation’s trucking companies began rolling in on Monday, following reports of lowered expectations as several negative factors weigh on the nation’s freight markets.

October 14, 2016

Economic Watch: Retail Sales Rebound But Consumers Less Upbeat

Retail sales in the U.S. posted a solid gain in September, indicating consumers remain confident about the economy – but a separate report revealed that certainty is being hit by the race for White House.

October 13, 2016

For-Hire Freight Slips Following Four Straight Monthly Gains

The amount of freight moved by the nation’s for-hire transportation industry fell in August after rising four straight months, according to new Transportation Department figures, and reflecting trends in the overall economy.

October 13, 2016

5 Takeaways from ATA MC&E

The American Trucking Associations’ annual Management Conference & Exhibition wrapped up in Las Vegas last week, so Editor in Chief Deborah Lockridge has had a little time to reflect on the key themes of the many sessions, announcements and expo booths for her "All That's Trucking" blog.

October 12, 2016

Analysis: Welcome to the New Normal

When are truck freight levels, pricing and even the economy going to be at the level we are accustomed to seeing? Evan Lockridge recaps the FTR Transportation Conference for his Oct. magazine column.

October 7, 2016

Economic Watch: Trucking Employment Sinks, Manufacturing Gains

Trucking employment in the U.S. slipped in September despite overall non-farm job growth moving higher for the 72nd straight month, according to a new Labor Department report. But other reports indicate manufacturing is regaining some steam, fueling speculation over an interest rate hike.

October 2, 2016

Uncertainty Holding Back Growth, Says Economist at ATA MC&E

LAS VEGAS -- There is a lot of uncertainty about where the economy is headed, but there is reason for hope that it and business conditions for trucking are slowing improving.

September 28, 2016

Economic Watch: Business Investment Increasing, Consumer Confidence Soars

A preliminary report shows new orders and shipments for big-ticket manufactured durable goods lost steam in August. Inside the report, however, is some evidence that business investment for the long term is increasing.

September 23, 2016

Economic Watch: Manufacturing Remains Soft; Homes, LEI Slip

A preliminary report released Friday shows growth in the nation’s manufacturing sector is easing this month amid the slowest expansion of new orders so far this year, according the financial information services provider IHS Markit.

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