Economy

121  -  140  of  1735

April 27, 2016

Earnings Watch: Saia, Patriot, Covenant and Celadon

The wave of first quarter earnings reports from the nation’s publicly owned fleets continued on Wednesday, with three out of four lower than a year earlier due mainly to less freight to move.

April 27, 2016

Spot Truckload Freight Rates Hardly Budge from Week Before

The number of available spot market loads slipped 2% while posted capacity was flat during the week ending April 23, according to DAT Solutions and it of load boards, leaving rates nearly unchanged.

April 27, 2016

Wabash National Profit Soars Nearly 163% from Year Ago

Setting new records in a variety of different categories allowed trailer manufacturer Wabash National Corp. to report more than doubled first quarter profit over a year ago.

April 26, 2016

Earnings Watch: Hub Group Leaps, C.H. Robinson Gains, Heartland Slips

Three more companies offering trucking and related services issued first quarter earnings reports on Tuesday, with each reporting very different results.

April 26, 2016

Economic Watch: Key Manufacturing Indicator Fails to Improve, Home Sales Slide

Orders for durable goods recovered only somewhat in March following a big decline, and a key economic indicator within the measure failed to improve, adding to recent indications a slump in manufacturing is far from over.

April 22, 2016

Economic Watch: Manufacturing Fails to Improve, Other Indicators Look Better

The first look at April business conditions in the nation’s sluggish manufacturing sector shows the situation is improving little. Other readings are slightly more encouraging.

April 22, 2016

Earnings Watch: Daimler, Volvo Profits Lower Amid Slower Truck Sales

Earnings for two of the world’s largest truck makers moved lower in the first quarter, according to earnings reports issued Friday.

April 21, 2016

Earnings Watch: Swift Profits Fall, Forward Air and Marten Improve

UPDATED -- Truckload carrier Swift Transportation Co. saw its net income decline in the first quarter of the year while profit for the time definite surface transportation and logistics provider Forward Air Corp. more than doubled as refrigerated hauler Marten Transport Ltd. reported a boost in two ways.

April 21, 2016

Earnings Watch: Lower Truck Sales Hit Dana, Rush Enterprises' Profits

A truck component manufacturer and one of the nation’s largest truck dealer networks continue the trend of many businesses reporting lower first quarter earnings as truck sales are down from a year ago.

April 20, 2016

U.S. Spot Freight Rates Decline, Canadian Spot Market Improves

A decline in available freight and an increase in truck capacity pushed spot truckload rates down across all three equipment types during the week ending April 16, according to DAT Solutions and its network of load boards.

April 19, 2016

Truckload Linehaul Rates Drop, Intermodal Continues Decline

A measure of truckload linehaul rates moved lower last month compared to a year earlier for the first time since May 2010 as intermodal freight rates continued their downward slide.

April 19, 2016

Economic Watch: New Home Starts Drop, Builders Still Upbeat

The number of housing starts in the U.S. fell more than expected in March, but home builder confidence in the market remains strong, according to two new reports.

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.

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