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November 24, 2015 - Industry News

Economic Watch: Overall Conditions Improve, Manufacturing Eases

Third-quarter GDP numbers fuel talk that the Federal Reserve will raise interest rates next month for the first time in many years – despite a disappointing report on manufacturing.

Tags: Economy, GDP, Manufacturing, Gross Domestic Product

November 23, 2015 - Industry News

Truckload Linehaul Rates Up from Year Ago, Intermodal Drop Continues

A measure of truckload rates moved higher in October from the same time last year, while intermodal rates continued moving lower, according to newly released figures.

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

November 19, 2015 - Industry News

Economic Watch: Latest Numbers May Nudge Fed Closer To Interest Rate Hike

While many of latest numbers on the U.S. economy show it’s performing below where many would like it to be, there is increasing evidence the U.S. Federal Reserve is moving closer to raising short-term interest rates for the first time in years.

Tags: Economy, Interest Rates, Industrial Production, Consumer Prices, Housing Starts, Leading Economic Indicators, Federal Reserve, Home Building

November 13, 2015 - Industry News

FTR: In 2016, Economy Should Notch One More Good Year

Image: U.S. DOT

More gloom than boom, but no doom sums up the economic outlook for 2016 presented by FTR economists in the latest State of Freight webinar hosted by the research and analysis firm.

Tags: FTR, U.S. Economy, Economy

November 13, 2015 - Industry News

ACT Research: October Volumes Reflect Freight Softening

Photo: U.S. DOT

A report on Class 8 freight volumes issued by ACT Research dovetails with other analysis released this week that signals motor carriers are starting to feel the effect of a slowdown in both import/export activity and in domestic manufacturing levels.

Tags: Economy, ACT Research, Freight

November 13, 2015 - Industry News

Economic Watch: Latest Numbers Disappoint, More Uncertainty with Fed

While a recent good unemployment report led some to speculate the Federal Reserve will raise interest rates at year-end, new numbers released Friday remind us there's more to the equation.

Tags: Economy, Retail Sales, Unemployment, Consumer Confidence, Wholesale Prices, Employment, Producer Prices

November 12, 2015 - Industry News

Economic Watch: 3 Reports Show Uneven Freight Movements

Cass Freight Index of shipments. Credit: Cass

Taken separately, new reports on freight movements in the U.S. on freight volume, shipper spending and even the spot market seem to run almost counter to one another. A deeper dive into the analysis shows why activity has slowed but is not widespread.

Tags: Economy, Spot Freight, Freight Rates, Freight Index, Cass Freight Index, DAT Solutions, DAT North American Freight Index

November 11, 2015 - Industry News

Earnings Watch: Meritor Reports Loss, Westport Sees More Red Ink

One truck component supplier moved from a profit to a loss in the third quarter of the year while a natural gas engine provider took on more red ink.

Tags: Economy, Meritor, Earnings, Cummins Westport, Westport Innovations

November 5, 2015 - Industry News

Intermodal Shipments Post Surprising Third Quarter Surge

Graphic: IANA

Despite month-to-month variations, third quarter intermodal freight traffic growth of 3.4% was in line with year-to-date results, according to new figures from the Intermodal Association of North America (IANA).

Tags: Canada, Economy, Railroads, Intermodal, Freight

November 4, 2015 - Industry News

Earnings Watch: XPO Losses, Revenue Grow; USA Truck Profit Falls

XPO Logistics, which closed this week on its purchase of Con-Way Inc., reported more revenue but a bigger loss in its third-quarter earnings report, while the mainly truckload fleet USA Truck showed a smaller profit.

Tags: Economy, USA Truck, Con-way Inc., XPO Logistics, Fleet Earnings

November 2, 2015 - Industry News

Fleets Expected to Match 2015 Equipment Orders Next Year

As many as 76% of fleets expect their upcoming heavy-duty truck orders to match what was purchased in 2015, with a few fleets planning an increase.

Tags: Economy, Survey, Truck Orders, Trailer Orders

November 2, 2015 - Industry News

Economic Watch: New Manufacturing Orders Jump, Construction Leaps

Economic activity in the nation’s manufacturing may finally be gaining some momentum after some declines, according to two new reports.

Tags: Economy, Manufacturing, Construction Spending

October 30, 2015 - Industry News

Earnings Watch: Celadon, ODFL, YRC Worldwide, ArcBest, Hub Group

More trucking companies have released their third quarter financial earnings, showing improvements from a year earlier or at least maintaining their ground, despite complaints about the recent freight-hauling environment.

Tags: Celadon Trucking Services, Celadon Group, ABF, YRC Worldwide, YRC Freight, Hub Group, ArcBest Corp., Fleet Earnings, Economy, Old Dominion Freight Line, LTL

October 29, 2015 - Industry News

Cross-Border Freight Value Down More Than 8%

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

The value of freight moved between the U.S. and its neighbors Canada and Mexico fell in August, totaling $92.4 billion, thanks largely to the drop in fuel and oil prices moved by pipeline and vessel.

Tags: Canada, Economy, Cross-Border Trucking, Mexico, Railroads, Freight, Global

October 29, 2015 - Industry News

Economic Watch: GDP Eases Back as Fed Looks to Rate Hike

Economic growth in the U.S. lost a good portion of its momentum in the third quarter of the year, but the performance still may still be strong enough for the Federal Reserve to push interest rates higher before the year is out.

Tags: Economy, GDP, Federal Reserve, Interest Rates, Inventories

October 28, 2015 - Industry News

Earnings Watch: Saia, Heartland Report Lower Profits

One trucking company serving mainly the less-than-truckload market and another in the truckload sector have both reported lower third quarter earnings.

Tags: Economy, Heartland Express, Saia, Fleet Earnings

October 27, 2015 - Industry News

Economic Watch: Durable Goods Orders, Consumer Confidence Both Fall

A stretch of recently leaner times for at least one part of the nation’s manufacturing sector could be nearing an end, despite a new report showing lower new orders.

Tags: Economy, Durable Goods, Manufacturing, Consumer Sentiment

October 27, 2015 - Industry News

Earnings Watch: Cummins, Paccar

A major OEM announced it is cutting its workforce even though it’s still well in the black as it released third quarter earnings this week while a truck and engine maker reported continued higher numbers.

Tags: Economy, Kenworth, Cummins, Paccar, Peterbilt, Earnings, Paccar Financial

October 26, 2015 - Industry News

Economic Watch: New Home Sales Plunge, Manufacturing Rebounds

Sales of newly built, single-family homes fell to their lowest level since last November, while a separate report shows the first improvement in the nation’s manufacturing sector in five months.

Tags: Economy, Home Sales, Manufacturing

October 23, 2015 - Industry News

Earnings Watch: Volvo Doubles, Landstar Sets New Record

One truck maker has reported its third quarter profit doubled and is considering the sale of its used truck business while one of the nation’s largest trucking fleets has reported new records for the period in several areas.

Tags: Economy, Volvo Trucks, Mack Trucks, Earnings, Landstar System, Fleet Earnings

October 22, 2015 - Industry News

Economic Watch: Home Market Booming, Leading Indicators Mixed

Existing home sales rebounded strongly in September following an August decline, according to the National Association of Realtors. That's not the only good news when it comes to an improving home market, and a separate report shows the overall economy isn't as bad as you may think.

Tags: Economy, Home Sales, Leading Economic Indicators, Home Building

October 22, 2015 - Industry News

Earnings Watch: Daimler, Dana and Rush Enterprises

Daimler AG, Dana and Rush Enterprises all saw weaker third-quarter financials compared to a year ago, thanks in part to the recession in Brazil and the downturn in the North American oil and gas industry.

Tags: Economy, Daimler Trucks, Daimler AG, Dana Holding Corp., Rush Enterprises, Earnings, Daimler Trucks North America

October 22, 2015 - Industry News

Earnings Watch: Werner, Knight, Ryder, Forward Air

Two large trucking fleets reported big increases in profits for the third quarter of the year. A fleet management and related services conglomerate also saw a hike, but things slipped for a niche trucking provider.

Tags: Economy, Ryder, Werner Enterprises, Forward Air, Knight Transportation, Fleet Earnings

October 20, 2015 - Industry News

Marten Transport Profit Improves Nearly 10 Percent

Marten Transport reported a 9.9% increase in third quarter net income from a year earlier, due in part to increased dedicated business.

Tags: Economy, Marten Transport, Fleet Earnings

October 19, 2015 - Industry News

Economic Watch: Industrial Production Falls, Consumers Optimistic

A report released Friday shows industrial production in the U.S. fell for the second consecutive month, the latest confirmation the economy lost some ground in the third quarter of the year.

Tags: Economy, Consumer Confidence, Industrial Production, Consumer Sentiment



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