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Economy

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April 24, 2015 - Industry News

Economic Watch: Durable Goods Orders Increase, Key Indicator Down Again

Orders for big ticket, long lasting durable goods increased 4% in March, the biggest gain in eight months, but a key indicator of business investment fell for the second consecutive month.

Tags: Economy, Durable Goods

April 23, 2015 - Industry News

Economic Watch: New Homes Sales Mixed, Manufacturing Slows

Photo by Evan Lockridge

Sales of new homes in the U.S. during March fell the most in more than 18 months following three straight monthly gains, according to the Commerce Department.

Tags: Economy, Manufacturing, Home Sales

April 23, 2015 - Industry News

Trucks Move More U.S.-NAFTA Freight, Overall Level Declines

Percent change in value of U.S.-NAFTA freight flows by mode: February 2014 - February 2015. Graphic: U.S. DOT

Freight movements between the U.S. and Canada and Mexico fell in February, hitting its lowest level in terms of value since 2011, according to new U.S. Transportation Department figures.

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

April 22, 2015 - Industry News

Economic Watch: Existing Home Sales Spike in March

Existing-home sales in the U.S. jumped in March to their highest annual rate in 18 months, according to the National Association of Realtors on Wednesday. Led by the Midwest, all major regions experienced strong sales gains in March and are above their year-over-year sales pace.

Tags: Economy, Home Sales

April 17, 2015 - Industry News

Economic Watch: Inflation, Leading Indicators, Consumer Sentiment Increase

Consumer prices moved up for the second straight month in March after falling during much of the winter, but remain at their lowest level in years.

Tags: Economy, Consumer Prices, Consumer Sentiment, Leading Economic Indicators

April 16, 2015 - Industry News

Economic Watch: Housing Starts Post 2% Gain in March

Nationwide housing starts rose 2% in March, hitting an annual rate of 926,000 units, but it's not as much as many analysts were hoping.

Tags: Housing Starts, Economy

April 15, 2015 - Industry News

Economic Watch: Industrial Production Weakens, Homebuilder Optimism Up

For the first quarter of 2015 this measure of the total activity at the nation’s factories, mines and utilities declined at an annual rate of 1%, the first quarterly decrease since the second quarter of 2009.

Tags: Economy, Industrial Production, Home Building

April 14, 2015 - Industry News

Cass Freight Index Shows Increasing Shipments, Spending

North American freight volume and expenditures rose again in March as shipments picked up significantly from the West Coast ports, according to the latest readings of the Cass Freight Index.

Tags: Economy, Intermodal, Freight Rates, Freight Volume, Cass Freight Index

April 14, 2015 - Industry News

Economic Watch: March Wholesale Prices, Retail Sales Move Higher

Prices at the wholesale level rose in March for the first time since October, according to the U.S. Labor Department on Tuesday.

Tags: Economy, Retail Sales, Producer Prices

April 7, 2015 - Industry News

Freight Outlook Good Despite Some Weaknesses

Graphic: FTR

While some may complain that truck freight levels haven’t taken off like a rocket since the end of the Great Recession, the fact is they have posted solid improvements, according to Jonathan Starks of the freight forecasting firm FTR -- and could be headed for a new peak.

Tags: Economy, Freight, FTR, Spot Freight

April 6, 2015 - Industry News

Cross-Border Truck Freight Rises in January

Percent change in value of U.S.-NAFTA freight flows by mode, January 2014 - January 2015. Graphic: U.S. DOT

The amount of freight moved between the U.S. and its North American Free Trade Agreement neighbors of Canada and Mexico totaled $89.3 billion in January, according to U.S. Transportation Department figures, down 1.2% from a year earlier,

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

April 6, 2015 - Industry News

Economic Watch: Service Sector Continues Expanding

Photo: Revisorweb via Wikimedia Commons

Two reports released Monday show the nation’s service sector continues increasing, albeit at different rates.

Tags: Economy, Non-Manufacturing

March 23, 2015 - Industry News

Truckload Rates Improving, Intermodal Falling

A measure of freight rates in one trucking sector improved in February over the past year, but declined from the month before.

Tags: Economy, Intermodal, Cass Intermodal Linehaul Index, Cass Truckload Linehaul Index, Freight Rates

March 23, 2015 - Industry News

Economic Watch: Existing Home Sales Increase Slightly

Existing-home sales in the U.S. increased modestly in February, but constrained inventory levels pushed price growth to its fastest pace in a year, according to the National Association of Realtors on Monday.

Tags: Economy, Home Sales

March 20, 2015 - Industry News

Economic Watch: Construction Starts up 34% in First Two Months of 2015

Graphic: Dodge Data and Analytics

Construction starts in the U.S. posted healthy gains in February compared to the month before and the same time in 2014, according to a new report from the construction industry data provider Dodge Data and Analytics.

Tags: Economy, Construction Spending

March 19, 2015 - Industry News

Economic Watch: Leading Indicators Rise, Interest Rates Staying Put

Photo: Revisorweb via Wikimedia Common

A look at where the U.S. economy is headed in the next three to six months showed another rise, according to a new report from the private research group The Conference Board.

Tags: Economy, Leading Economic Indicators, Federal Reserve

March 18, 2015 - Industry News

U.S. Freight Movements with Canada, Mexico Increase 4.5% Last Year

U.S.-NAFTA trade by mode: 2010-2014. Graphic: U.S. DOT

The value of freight moved between the U.S. and its North America neighbors increased 4.5% in 2014 compared to a year earlier, while over the longer term trucking has some lost market share to other transportation modes.

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

March 17, 2015 - Industry News

Economic Watch: Housing Starts Post Largest Drop in 4 Years

Nationwide housing starts dropped 17% to a seasonally adjusted annual rate of 897,000 units in February, according to newly released data from the U.S. Commerce Department.

Tags: Economy, Housing Starts

March 16, 2015 - Industry News

Economic Watch: Industrial Production Rises, Home Builder Confidence Down

Photo: Revisorweb via Wikimedia Commons

UPDATED -- Industrial production in the U.S. increased 0.1% in February from the month before, but is 3.5% higher than the same time a year ago.

Tags: Industrial Production, Economy

March 13, 2015 - Industry News

Economic Watch: Producer Prices Fall Again, Consumer Optimism Dips

Photo: Revisorweb via Wikimedia Commons

Prices at the wholesale level fell again in February, down 0.5% from the month before, the fourth straight month this has happened, and is the largest drop since 2009.

Tags: Economy, Consumer Sentiment, Producer Prices

March 12, 2015 - Industry News

Economic Watch: Retail Sales Fall for Third Straight Month

Photo: Revisorweb via Wikimedia Commons

Retail sales in the U.S. fell for the third straight month in February as harsh weather in much of the country kept consumers and their wallets at home.

Tags: Economy, Retail Sales

March 11, 2015 - Industry News

DOT Freight Index Moves Lower For Second Straight Month

Freight Transportation Services Index, January 2010 - January 2015. Graphic: U.S. DOT

The amount of freight moved by the nation’s for-hire transportation industry fell slightly in January from the month before, but remains close to its record high level.

Tags: Economy, Freight, Freight Index

March 11, 2015 - Industry News

Freight Shipments, Spending Increase in Latest Cass Index

North American shipment volume jumped up in February, while total freight expenditures reversed a four-month slump, according to the latest Cass Freight Index.

Tags: Economy, Cass Freight Index

March 10, 2015 - Industry News

Economy Still Sending Mixed Signals as Capacity Crunch Looms

John Larkin speaking at TCA's annual convention. Photo by Deborah Lockridge

Some economic indicators have not bounced back as well as others in the recovery from the Great Recession, but trucking is doing well, and a capacity crunch leads economic expert John Larkin to project truckload rates will rise this year.

Tags: Economy, TCA, Freight Rates, Truckload Carriers Association

March 6, 2015 - Industry News

Used Truck Sales 2nd Highest in a Decade, IHS Says

Class 8, the largest single segment, last year accounted for 271,000 units. 2010 was even stronger, with 320,000 Class 8 transactions.

Tags: Economy, Used Vehicle Sales, Used Truck Sales

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