Economy

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December 16, 2015

Economic Watch: What's Behind Fed Interest Rate Hike?

The U.S. Federal Reserve’s Open Market Committee on Wednesday decided to push short-term interest rates higher for the first time since 2006.

December 16, 2015

Economic Watch: Mixed Numbers Ahead of Fed Announcement

Economic reports Wednesday morning ahead of the U.S. Federal Reserve's Open Market Committee didn't offer a clear picture on the state of the economy, with slower manufacturing growth but a boost in housing numbers.

December 14, 2015

6 Trends to Track in 2016

From the economy to driver recruitment and retention, there will be several familiar faces in the trends to follow closely in the new year.

December 11, 2015

The Class 8 Update: Sales and New Products

After an up and down year of sales and a new one on the horizon, all of the major truck manufacturers are showcasing their visions for the future.

December 11, 2015

Economic Watch: Retail Sales, Producer Prices Jump

Both retail sales and prices at the wholesale level rose the most in months during November, according to two separate economic reports released on Friday. These will join other numbers that will be considered in a few days when the Federal Reserve considers an interest rate hike.

December 9, 2015

Diesel, Gasoline Prices Forecast to Remain Low into Next Year

Expectations for diesel and gasoline prices for next year have been revised lower, according to the latest Short Term Energy Outlook issued this week by the U.S. Energy Department.

December 9, 2015

For-Hire Freight Shipments Hit Highest Level of 2015

A measure of the amount of freight moved by for-hire transportation in the U.S. rebounded following a one-month decline, according to new U.S. Transportation Department figures.

December 4, 2015

Economic Watch: Trucking Adds to Overall Employment, Factory Activity Mixed

The U.S. economy continued adding jobs in November as trucking employment turned around from the month before, while a separate report on manufacturing was only somewhat positive for the industry.

December 1, 2015

Economic Watch: Manufacturing Activity Contracts, Construction Booms

A closely watched gauge of activity within the nation’s manufacturing sector shows it not only declined for the fifth straight month, but also that activity contracted during November for the first time in three years, according to the nation’s supply executives.

November 24, 2015

Economic Watch: Overall Conditions Improve, Manufacturing Eases

Third-quarter GDP numbers fuel talk that the Federal Reserve will raise interest rates next month for the first time in many years – despite a disappointing report on manufacturing.

November 23, 2015

Truckload Linehaul Rates Up from Year Ago, Intermodal Drop Continues

A measure of truckload rates moved higher in October from the same time last year, while intermodal rates continued moving lower, according to newly released figures.

November 19, 2015

Economic Watch: Latest Numbers May Nudge Fed Closer To Interest Rate Hike

While many of latest numbers on the U.S. economy show it’s performing below where many would like it to be, there is increasing evidence the U.S. Federal Reserve is moving closer to raising short-term interest rates for the first time in years.

November 13, 2015

FTR: In 2016, Economy Should Notch One More Good Year

More gloom than boom, but no doom sums up the economic outlook for 2016 presented by FTR economists in the latest State of Freight webinar hosted by the research and analysis firm.

November 13, 2015

ACT Research: October Volumes Reflect Freight Softening

A report on Class 8 freight volumes issued by ACT Research dovetails with other analysis released this week that signals motor carriers are starting to feel the effect of a slowdown in both import/export activity and in domestic manufacturing levels.

November 13, 2015

Economic Watch: Latest Numbers Disappoint, More Uncertainty with Fed

While a recent good unemployment report led some to speculate the Federal Reserve will raise interest rates at year-end, new numbers released Friday remind us there's more to the equation.

November 12, 2015

Economic Watch: 3 Reports Show Uneven Freight Movements

Taken separately, new reports on freight movements in the U.S. on freight volume, shipper spending and even the spot market seem to run almost counter to one another. A deeper dive into the analysis shows why activity has slowed but is not widespread.

November 11, 2015

Earnings Watch: Meritor Reports Loss, Westport Sees More Red Ink

One truck component supplier moved from a profit to a loss in the third quarter of the year while a natural gas engine provider took on more red ink.

November 5, 2015

Intermodal Shipments Post Surprising Third Quarter Surge

Despite month-to-month variations, third quarter intermodal freight traffic growth of 3.4% was in line with year-to-date results, according to new figures from the Intermodal Association of North America (IANA).

November 4, 2015

Earnings Watch: XPO Losses, Revenue Grow; USA Truck Profit Falls

XPO Logistics, which closed this week on its purchase of Con-Way Inc., reported more revenue but a bigger loss in its third-quarter earnings report, while the mainly truckload fleet USA Truck showed a smaller profit.

November 2, 2015

Fleets Expected to Match 2015 Equipment Orders Next Year

As many as 76% of fleets expect their upcoming heavy-duty truck orders to match what was purchased in 2015, with a few fleets planning an increase.

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