Economy

101  -  120  of  1697

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.

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.

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