Economy

101  -  120  of  1865

February 24, 2017

Economic Watch: Home Sales, Consumer Sentiment Rise as Fed Mulls Rake Hike

There are increasing signs the U.S. economy is gaining momentum in the first quarter of the year with gains in home sales and consumer confidence, but it is also fueling speculation that interest rates could head higher as soon as next month.

February 23, 2017

U.S. Cross-Border Freight Value Inches Higher, Trucking’s Share Falls

The value of freight moved between the U.S. and its border neighbors increased in December for the third time in five months following a string of declines, according to new figures released Thursday by the Transportation Department.

February 21, 2017

Economic Watch: Pace of Manufacturing Expansion Slows

A preliminary look at economic conditions in the U.S. manufacturing sector during February shows they improved at a slightly slower pace than the 22-month peak seen during January.

February 17, 2017

Economic Watch: Leading Indicators, E-Commerce Sales Post Impressive Gains

Three new economic reports add to increasing evidence the U.S. economy will have a better overall first quarter of the year than the final three months of 2016.

February 15, 2017

Economic Watch: Retail Sales Jump But Price Pressures Building

Retail sales, one of the largest drivers of the U.S. economy, advanced in January, pointing to increased overall growth in the first quarter of the year. At the same time, prices on the retail and wholesale level posted big gains, and the manufacturing component for industrial production ticked higher.

February 8, 2017

For-Hire Freight Movements Rise Again, Tying Record High

The amount of for-hire freight moved across multiple transportation modes increased 1% in December from the month before, marking the third consecutive monthly gain, according to the Transportation Department.

February 6, 2017

Intermodal Shipments Post Fourth-Quarter Gain, Down Last Year

Intermodal freight volumes returned to growth in the fourth quarter of 2016, posting a 1% year-over-year increase that tempered volume declines earlier the year, according to the Intermodal Association of North America.

February 3, 2017

Economic Watch: Job Growth Continues as Manufacturing Improves

Employers in the U.S. continue to add people to their payrolls at a healthy pace, and there is mounting evidence that the nation’s manufacturing sector is coming out of the doldrums.

February 1, 2017

Economic Watch: Manufacturing, Employment Help Launch Strong 2017

The U.S. manufacturing industry kicked off the year with its strongest performance in two years, according to a new report, while a separate one about the sector plus others regarding employment, personal spending and incomes all points to increased economic growth.

January 30, 2017

Earnings Watch: Werner Enterprises Quarterly Profit Falls 40%

Earnings for trucking and logistics company Werner Enterprises Inc. took a bit of a dive in not just the final quarter of last year but for all of 2016 as it said it continued to make a significant investment in its business.

January 27, 2017

Trucking Activity Looks Strong to Start 2017

Truckable Economic Activity, the parts of Gross Domestic Product that spends time in trucks, looks to be getting off to a strong start in 2017.

January 27, 2017

Economic Watch: GDP Slows on Trade as Other Indicators Stay Strong

The widest measure of U.S. economic growth slowed in not just the final quarter of last year but for all of 2016. However, that performance wasn’t so much due to weakness here at home.

January 26, 2017

Earnings Watch: Swift, Marten, Heartland Report Lower Profits

Earnings reports from three more trucking fleets rolled in late Thursday afternoon, all showing lower earnings in the fourth quarter compared to the same time a year ago.

January 25, 2017

Earnings Watch: Knight, Covenant, Patriot, YRC Worldwide

The latest batch of fleet earning reports from the fourth quarter are in, with three major fleets reporting revenue dips and a fourth signaling that it will have similar news when its formal report is released next month.

January 24, 2017

Economic Watch: Manufacturing Starts Year Strong, Housing Best in Years

The U.S. manufacturing sector had a solid start to 2017, with overall operating conditions improving at the quickest pace for nearly two years, according to a preliminary report from IHS Markit.

January 24, 2017

Economic Outlook for 2017: More of the Same?

The outlook for the U.S. economy is expansion at a pace around trend through 2019, according to Bill Strauss, senior economist and economic advisor, Federal Reserve Bank of Chicago, speaking at Heavy Duty Aftermarket Dialogue.

January 19, 2017

Outlook for Freight Activity Seen as Improved

Three measures of freight activity and spending were mixed, according to new figures, but the outlook for their performances has improved, according to Cass Information Systems.

January 19, 2017

NAFTA Freight Value Up for Only Second Time in Nearly 2 Years

Newly released figures show the value of cross-border freight moved between the U.S. and its neighbors directly to the north and south increased in November for the only the second time in nearly two years, but trucking had the smallest gain.

January 19, 2017

J.B. Hunt Reports Higher Earnings, Revenue

J.B. Hunt Thursday reported higher profits for the final quarter of 2016 and for all of last year, driven by growth in its brokerage and dedicated segments.

January 13, 2017

Economic Watch: Retail Spending Helps Support Growth

Retail sales in the U.S. finished 2016 on a somewhat positive note, posting the fourth straight monthly gain, according to a new Commerce Department numbers released Friday. Separate reports show improvements in other key indicators important to trucking.

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