Economy

81  -  100  of  1683

April 18, 2016

Freight Shipments Ease as Spending Declines

Growth in freight shipments slowed in March, according to the latest Cass Freight Index Report, while freight spending turned negative – but a longer-term view of cargo movements and the overall economy appears at least somewhat brighter.

April 18, 2016

Earnings Watch: J.B. Hunt Profit Increases Nearly 9%

J.B. Hunt Transport Services says its first-quarter profit increased 8.9% from a year earlier as revenue rose by 6%, thanks to volume growth, improved network operations, higher equipment utilization, lower maintenance costs and increased contract pricing.

April 15, 2016

Economic Watch: Industrial Production Tumbles, Consumer Mood Falls

Industrial production decreased for the second month in a row during March, adding another sign the economy sputtered in the first quarter of the year.

April 14, 2016

Economic Watch: Retail Prices Tame, Beige Book Shows Improvements

A rebound in fuel prices helped push overall retail prices higher in March,, but inflation remains about as far from a threat as possible to the U.S. economy, according to a new Commerce Department report.

April 14, 2016

For-Hire Freight Movements Decline Slightly

Following two straight months of growth, the amount of freight moved by for-hire operations in the U.S. fell in February from the month before, due in part to a substantial decline in trucking, according to new Transportation Department figures.

April 13, 2016

Economic Watch: Retail Sales Decline, Keeping Inventories High; PPI Drops

Retail sales in the U.S. disappointed once again last month, causing high inventory levels to fall only marginally while wholesales prices declined, according to three separate reports released on Wednesday.

April 13, 2016

Commentary: The Promise of E-Commerce

E-commerce is nothing new, but it continues rising to new heights. Smart trucking companies are realizing it’s the next area with a huge growth potential, especially when the overall economy is growing at a moderate rate at best.

April 12, 2016

Average Diesel, Gasoline Costs Expected to Remain Low

A new fuel price forecast from the U.S. Energy Department shows little change from expectations a month ago for the price of diesel, but the outlook for gasoline has moved a little higher.

April 5, 2016

Economic Watch: Exports Increase, Service Sector Expands

While the U.S. trade deficit increased to a six-month high in February, U.S. exports seem to finally be turning around for the better. Meanwhile, the nation’s service sector improved again last month, and a final report on manufacturing offers hope for this freight-significant indicator.

April 1, 2016

Economic Watch: Employment Jumps, Manufacturing Awakens

The number of jobs added in March grew by another healthy pace, but not in trucking, while the nation’s manufacturing sector ended months of declining factory activity and overall construction fell slightly in February, according to the latest economic reports released Friday.

March 25, 2016

Economic Watch: GDP Growth Revised Upward, Durable Goods Fall Again

Growth in the overall American economy in the final quarter of last year improved by double the government's initial estimate, according to a U.S. Commerce Department report released Friday. A separate reports shows the country’s manufacturing sector is still sluggish but housing continues to do well.

March 22, 2016

Economic Watch: Manufacturing Subdued but Growing, Home Sales Fizzle

The first reading on the U.S. manufacturing sector for this month shows a slight uptick in activity, but growth remains weak as it has since the start of the year, and existing home sales slumped.

March 17, 2016

Truckload, Intermodal Rates Drop Again

Truckload linehaul freight rates have fallen again and are barely higher than a year ago, while rates for intermodal shipments have dropped for the 14th straight month, according to the latest Cass indexes.

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.

Newsletter

We offer e-newsletters that deliver targeted news and information for the entire fleet industry.

GotQuestions?

Sleeper Cab Power Experts

The expert, Steve Carlson from Xantrex, will answer your questions

View All

GotQuestions?

Transmissions

The expert, Brian Fletcher from Eaton, will answer your questions

View All