May 3, 2013
Job creation overall in the United States as well as in trucking both posted solid gains in April according to a new report, leading to a surge on Wall Street as well as an increase in the price of oil.
April 24, 2013
The government’s first look at shipments and new orders for manufactured durable goods in the U.S. during March shows mixed performance.T he U.S. Commerce Department reports shipments increased in March from the month before by 0.4% to $230 billion. This is the highest level on record, going back to 1992.
The American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index gained 0.9% in March after decreasing 0.7% in February. Tonnage has now increased in four of the last five months.
April 23, 2013
Sales of new homes in the United States continue getting better, while sales of existing ones have dipped just slightly.
April 18, 2013
The latest read on where the U.S. economy is heading suggests activity will slow a bit in the coming months.
April 16, 2013
The latest numbers about the health of the U.S. economy are more upbeat than those that came out last week. Industrial production rose in March by 0.4% from the month before due to utilities using more energy and a surge in auto production and new homes starts in the country have hit an annual level not seen in nearly four years.
April 12, 2013
Retail sales and consumer confidence have taken a downturn, but the reasons for it aren’t clear, while producer prices fell and business inventories have barely moved higher.
April 5, 2013
Job growth in the United State stumbled in March, according to a report released Friday morning. Employers added a total of only 88,000 jobs, according to the U.S. Labor Department, about half the number many analysts were expecting.
April 2, 2013
A new full report from the U.S. Commerce Department shows factory goods shipments and orders are continuing a nearly non-interrupted streak of increases, which combined with other evidence bodes well for the near future of trucking.
March 26, 2013
Shipments and orders of manufactured durable goods, increased in February according to numbers released today from the U.S. Commerce Department, while home sales slid and consumer confidence fell in March.
March 20, 2013
FTR Associates’ Shippers Conditions Index for January slipped an additional two points since the previous report, falling to a negative 7.1, reflecting deteriorating conditions for shippers in the early months of 2013. Translated, it means that motor carriers and other transportation providers have more clout to obtain rate increases.
March 19, 2013
The American Trucking Associations' Truck Tonnage Index rose 0.6% in February, marking the fourth straigth month of increases -- which hasn't happened since late 2011.
March 13, 2013
U.S. retail sales rose in February by the greatest level since September. The U.S. Commerce Department on Wednesday reported a 1.1% increase from the month before with the January figure being upwardly revised to a 0.2% gain. February activity was 4.6% higher than the same time a year ago.
March 6, 2013
A new government report on U.S. manufactured shipments and orders for February is the latest in a recent string of economic numbers that sound worse than they really are.
The driver shortage is already intensifying, with the number of both new and experienced driver applicants down over the last couple of months, as economic signs lead to improved optimism about increases in freight and rates this year, according to a panel discussion of three major truckload executives Tuesday at the Truckload Carriers Conference annual convention in Las Vegas.
March 5, 2013
Many economists have called the slow 1.5% to 2% GDP growth "the new normal." But Steve Forbes, chairman and editor in chief of Forbes Media, calls it "the new abnormal" and believes a few significant policy changes would turn things around.
February 27, 2013
Shipments of manufactured durable goods fell in January, according to a new advance report released by the U.S. Commerce Department. The 1.2% decline from the month before is the first drop in four months.
February 26, 2013
While trucking and the rest of the nation are nervous about the increasing likelihood of federal budget sequestration and its effect on the economy, some of the first numbers out show the year has started off better than expected.
February 15, 2013
Consumer confidence rose in February, according to the latest Thompson Reuters/University of Michigan survey, blowing past what a poll of economists were forecasting, but January industrial production numbers were not so stellar.
Reaching the highest-ever volume for the month of January, the DAT North American Freight Index increased 42% last month compared to January 2012. Freight volume was unusually robust for the season, exceeding December levels by 24%
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