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November 25, 2014 - Industry News

U.S.-NAFTA Freight Jumps 8.2% from Year Earlier

Percent change in value of U.S.-NAFTA freight flows by mode:  September 2013 - September 2014Graphic: U.S. DOT

The amount freight moved between the U.S. and its neighbors of Canada and Mexico totaled $102.2 billion in September, an 8.2% gain from a year ago, as all five major transportation carried more cargo, according to new U.S. Transportation Department figures.

Tags: Canada, Economy, Cross-Border Trucking, Mexico, Surface Trade

November 25, 2014 - Industry News

Economic Watch: GDP Up; Construction Starts, Consumer Confidence Down

The Dodge Index of new construction starts. Graphic: Dodge Data & Analytics

UPDATED -- The health of the American economy was much stronger in the third quarter of the year than initially thought, according to the U.S. Commerce Department.

Tags: Economy, GDP, Construction Spending, Consumer Confidence

November 21, 2014 - Industry News

Economic Watch: Leading Indicators Show Improvement into 2015

A measure used to forecast where the U.S. economy is headed in the next three to six months rose sharply in October from the month before, according to the private research group The Conference Board.

Tags: Economy, Leading Economic Indicators

November 20, 2014 - Industry News

Economic Watch: Inflation Tame, Existing Home Sales Jump

Inflation in the U.S. was muted in October, according to a new Commerce Department Report, due in large part to falling fuel prices.

Tags: Economy, Consumer Prices, Home Sales

November 19, 2014 - Industry News

Upbeat Auto, Economic Forecast Promising for Auto Haulers

Auto haulers have a good reason to expect 2015 will be a good year for them, following a prediction that new car and light truck sales and leases will hit nearly hit the 17 million-level.

Tags: Economy, NADA, Auto Sales, Auto Haulers

November 19, 2014 - Industry News

Economic Watch: Home Starts Drop, Building Permits at Highest Level Since 2008

Housing starts in the U.S. fell in October, but an indicator of future building is at a more than six-year high, according to a new Commerce Department report.

Tags: Economy, Home Starts

November 18, 2014 - Industry News

Economic Watch: Producer Prices Increase, Homebuilders Optimistic

UPDATED -- The Producer Price Index increased 0.2% from September, driven by a 0.5% jump in the cost of services.

Tags: Economy, Producer Prices, Home Building

November 17, 2014 - Industry News

Economic Watch: Industrial Production Falls Despite Increased Manufacturing

UPDATED -- Industrial production in the U.S. edged down 0.1% in October after having advanced 0.8% in September, according to new figures from the U.S. Federal Reserve.

Tags: Economy, Industrial Production

November 14, 2014 - Industry News

Economic Watch: Retail Sales Rebound, Consumer Sentiment Upbeat

Photo: Evan Lockridge

Retail sales in the U.S. rebounded in October due to broad-based gains, as consumers get ready to head into the Christmas shopping season, according to a U.S. Commerce Department report.

Tags: Economy, Retail Sales, Consumer Sentiment

November 13, 2014 - Industry News

For-Hire Freight Index Hits Record High

Freight Transportation Services Index, September 2009 - September 2014. Graphic: U.S. DOT

A measure of how much freight is moved by the nation’s for-hire transportation industry hit a record high in September with a 0.3% increase from the month before, according to a new U.S. Transportation Department report.

Tags: Economy, Freight Index

November 12, 2014 - Industry News

Trucking Conditions Index Heads Higher

FTR’s Trucking Conditions Index. Graphic: FTR

The Trucking Conditions Index from the freight transportation forecasting firm FTR registered 9.07 for September, according to a just released report.

Tags: Economy, Research, FTR, Trucking Conditions Index

November 10, 2014 - Industry News

Cass Freight Index Shows ‘Turmoil’

Graphic: Cass Information Systems

Some freight is having trouble entering the country and moving quickly to final end users while, the “transportation ecosystem is finding itself in turmoil” as freight shipments, particularly imports, climb in anticipation of a stronger holiday shopping season this year.

Tags: Economy, Port of Los Angeles, Port of Long Beach, Freight, Port Trucking, Cass Freight Index

November 10, 2014 - Industry News

Domestic Containers Drive Intermodal Traffic Surge

Graphic: IANA

Total intermodal freight volume rose 5.1% in the third quarter of the year compared to the same time in 2013, while domestic U.S. and international volumes individually reported gains in of 5.5% and 4.7%, respectively.

Tags: Intermodal, Freight, Economy

November 7, 2014 - Industry News

Trucking Adds Jobs As Unemployment Rate Drops

The unemployment rate in the U.S. fell again in October, dropping to its lowest level since July 2008, according to the U.S. Labor Department. In the same period, for-hire trucking added 3,900 jobs.

Tags: Economy, Unemployment, Employment

November 7, 2014 - Industry News

Intermodal Rail Traffic Sets New Records

Photo: Jim Park

According to the Association of American Railroads, it totaled 1,381,749 containers and trailers, up 4.9%, or 64,071 units, over October 2013.

Tags: Economy, Railroads, Intermodal, Freight

November 5, 2014 - Industry News

Economic Watch: Non-Manufacturing Activity Continues Growing

Activity in the U.S. non-manufacturing sector continued growing in October, but not as fast as the month before.

Tags: Economy, Non-Manufacturing

November 5, 2014 - Industry News

Economic Watch: Job Creation Above 200,000 for Seventh Straight Month

The U.S. job market continues improving with a new report showing private sector employment increased by 230,000 jobs from September to October, the biggest gain since June.

Tags: Economy, Employment

November 3, 2014 - Industry News

Economic Watch: Manufacturing Expanding, Construction Down

Economic activity in the manufacturing sector expanded in October for the 17th consecutive month, its highest level since March 2011, according to nation’s supply executives.

Tags: Economy, Manufacturing, Consumer Spending

November 3, 2014 - Industry News

Intermodal Rail Traffic Has Third Busiest Week

Photo: Jim Park

The week ending Oct. 25, rail intermodal traffic was up 6.7% compared with the same week last year -- higher growth than that of rail traffic overall.

Tags: Railroads, Intermodal, Freight, Economy, NAFTA, Global

October 31, 2014 - Industry News

Economic Watch: Consumer Spending Slips in September

Consumer spending in the U.S. declined in September for the first time in eight months, according to the U.S. Commerce Department.

Tags: Economy, Consumer Spending

October 30, 2014 - Industry News

Economic Watch: GDP Continues Growing, Fed Ending Stimulus Program

One of the broadest measures of the health of the American economy shows it expanded at an annual rate of 3.5% in the third quarter of the year.

Tags: Economy, GDP

October 28, 2014 - Industry News

Economic Watch: Durable Goods Activity Slows, Consumers Upbeat

An advance report shows shipments of durable goods increased just slightly last month while new orders fell for the second straight month.

Tags: Economy, Consumer Confidence, Durable Goods

October 24, 2014 - Industry News

Economic Watch: New Home Sales Highest Since 2008

Photo: Evan Lockridge

UPDATED -- Sales of new homes in the U.S. hit a six-month high last month while the improvement for August was cut dramatically, according to a new U.S. Commerce Department report.

Tags: Economy, Home Sales

October 23, 2014 - Industry News

U.S. NAFTA Freight Above $100 Billion for Sixth Straight Month

Percent change in value of U.S.-NAFTA freight flows by mode, August 2013 compared to August 2014. Graphic: U.S. DOT

U.S. freight movements with Canada and Mexico saw imports increase 3.6% while exports gained 5.2% from a year earlier, according to the U.S. Transportation Department.

Tags: Canada, Economy, Cross-Border Trucking, Mexico, NAFTA, Surface Trade

October 23, 2014 - Industry News

Economic Watch: Leading Indicators, Manufacturing Ease

A measure of where the American economy is headed in the next three to six months shows conditions are improving, but not as fast as they have been, according to the private research group The Conference Board.

Tags: Economy, Manufacturing, Leading Economic Indicators

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