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August 13, 2014 - Industry News

DOT Freight Index Near All-Time High Despite Slight Drop

Five Years: Freight Transportation Services Index, June 2009 - June 2014. Graphic: U.S. DOT

The U.S. Transportation Department’s Freight Transportation Services Index declined 0.9% in June from May, falling after four consecutive monthly increases, according to numbers released Wednesday.

Tags: Economy, Freight Index, Freight

August 13, 2014 - Industry News

Cass Freight Index Posts Usual Summer Decline

The freight logistics sector slowed in July, following a seasonal trend, with both freight shipments and freight payments down 3.9% from the previous month, according to the latest Cass Freight Index.

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

August 11, 2014 - Industry News

Trucking Conditions Index Moves Higher

FTR’s Trucking Conditions Index, Jan. 2013-May 2014.

FTR’s Trucking Conditions Index showed some positive movement in June after moderating slightly during the prior two months.

Tags: Economy, GDP, FTR Trucking Index

August 8, 2014 - Industry News

July Truckload Freight Volume, Rates Up from a Year Earlier

Truckload spot market, five-year trend.

Truckload freight availability remained elevated in July compared to previous years despite a seasonal dip, according to the DAT North American Freight Index released Friday.

Tags: Economy, Spot Freight, DAT Transcore, Freight Rates

August 7, 2014 - Industry News

Economic Watch: Jobless Benefit Claims Sink to 2006 Low

First time jobless claims over the last month in the U.S. fell to its lowest level since February 2006, well before the Great Recession.

Tags: Economy, Unemployment

August 5, 2014 - Industry News

Economic Watch: Factory Shipments, Orders Post Solid Gains

UPDATED -- Shipments increased 0.5% from the month before following a May drop of 1%, hitting its highest level on record.

Tags: Economy, Factory Orders, Non-Manufacturing, Factory Shipments

August 4, 2014 - Industry News

Intermodal Shipments Post Solid Second Quarter Gains

Credit: IANA

International containers increased 9.6%, trailers improved by 4.3%, and domestic containers grew 7.6% quarter-over-quarter, all indications that the intermodal industry is recovering from a harsh winter and a contracted economy.

Tags: Economy, Intermodal, Freight

August 1, 2014 - Industry News

Economic Watch: Trucking Adds to U.S. Job Growth, Manufacturing Surges

The number of jobs created in the U.S. posted its sixth straight month of being above the 200,000 mark in July but the number was softer than the previous month’s level.

Tags: Economy, Unemployment, Manufacturing, Employment

July 30, 2014 - Industry News

Economic Watch: GDP Surges, July Employment Gains

The U.S. economy surged in the second quarter of the year, bouncing back from its worst performance in five years, according to new U.S. Commerce Department figures.

Tags: Economy, GDP, Unemployment, Employment

July 29, 2014 - Industry News

Economic Watch: Consumer Confidence Best in Nearly Seven Years

U.S. consumer confidence increased in July -- the third month in a row, according to a new survey from the private research group The Conference Board.

Tags: Economy, Consumer Confidence

July 25, 2014 - Industry News

Truck Movements Into U.S. Increase for Fourth Straight Year

The number of commercial truck crossings into the United States from Canada and Mexico was 10.8 million in 2013, 1.1% more than in 2012, according to new U.S. Department of Transportation figures.

Tags: Canada, Economy, Cross-Border Trucking, Mexico, U.S. DOT

July 25, 2014 - Industry News

Cross-Border Trade Up in May

The value of trade between the United States and its North American trading partners rose in May compared to a year ago, reports the Department of Transportation, led by petroleum products going by pipeline between the U.S. .and Canada, and electrical machinery going by truck between the U.S. and Mexico.

Tags: Canada, Economy, Cross-Border Trucking, Mexico, NAFTA, BTS

July 25, 2014 - Industry News

Economic Watch: Durable Goods Higher, Construction Advances

UPDATED -- Shipments and new orders for durable manufactured goods both increased in June following declines the month before, while total U.S. construction in June hit its highest level so far this year.

Tags: Economy, Durable Goods, Construction

July 24, 2014 - Industry News

Economic Watch: New Home Sales Drop in June

New home sales dropped in June and the Commerce Department revised the extraordinarily strong May figures downward.

Tags: Economy, Home Sales

July 22, 2014 - Industry News

Truck Tonnage Index Declines in June from May, Higher Versus Year Ago

Graphic: ATA

The American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index declined 0.8% in June, following a revised 0.9% gain the previous month.

Tags: Economy, American Trucking Associations, Truck Tonnage, Truck Tonnage Index

July 22, 2014 - Industry News

Economic Watch: Consumer Prices Gain Less, Existing Home Sales Best Since October

Photo: Pen Waggener via Wikimedia Commons

Consumer prices rose again in June, but the pace was less than it was the month before, according to the U.S. Labor Department.

Tags: Economy, Consumer Prices, Home Sales

July 18, 2014 - Industry News

Cass Truckload Linehaul Index Rises, Intermodal Retreats

Truckload linehaul rates paid by North American shippers in June were 5.2% higher than in June of last year, according to the latest Cass Truckload Line Index released Friday.

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

July 17, 2014 - Industry News

Economic Watch: Housing Starts Fall, Federal Reserve Says Economy Expanding

Housing starts in the U.S. fell 9.3% in June, the second consecutive monthly decline, according to the U.S. Commerce Department, pushing the annual rate down to 893,000, the weakest showing since last September.

Tags: Economy, Housing Starts, Federal Reserve

July 16, 2014 - Industry News

Economic Watch: Wholesale Prices, Industrial Production, Home-Builder Confidence Advance

Prices at the wholesale level rose 0.4% in June from the month before, according to new U.S. Labor Department figures, following a 0.2% decline in May and a 0.6% advance in April.

Tags: Economy, Industrial Production, Wholesale Prices, Home Building

July 15, 2014 - Industry News

Economic Watch: June Retail Sales Gain Only 0.2%

Retail sales increased in June, according to a new Commerce Department report, but the gain was far less than analysts were expecting.

Tags: Retail Sales, Economy

July 14, 2014 - Industry News

Virginia Ports Handle Record Amount of Cargo

Photo: Port of Virginia Facebook page

The Port of Virginia set a new mark for volume in fiscal 2014, handling more than 2.3 million twenty-foot equivalent units in the twelve months ending June 30, eclipsing the previous fiscal year record by 140,476 TEUs.

Tags: Economy, Virginia, Ports, Port Trucking

July 14, 2014 - Industry News

Trucking Conditions Index Declines Slightly

FTR's Trucking Conditions Index, 2013 through May 2014. Credit: FTR

FTR’s Trucking Conditions Index in May, at a reading of 5.74, reflects some headwinds affecting truck fleet results, according to this latest report from the transportation forecasting firm.

Tags: Economy, Research, FTR

July 10, 2014 - Industry News

DOT Freight Index Hits Another Record High

Freight Transportation Services Index, May 2009 - May 2014. Credit: U.S. DOT<br />

The amount of freight carried by the for-hire transportation industry rose 0.6 percent in May from April, rising for the fourth consecutive month, according to the U.S. Department of Transportation’s Freight Transportation Services Index released Thursday.

Tags: Economy, Research, U.S. DOT, Freight, Freight Index

July 8, 2014 - Industry News

Freight Expenditures Hit Record High During June

The freight logistics sector continued to strengthen in June, with both shipment volumes and expenditures rising once again, according to the Cass Freight Index.

Tags: Economy, Cass Freight Index

July 7, 2014 - Industry News

Intermodal Rail Traffic Continues Setting Records

After hitting record high levels for two straight weeks, intermodal rail traffic set another new record during June.

Tags: Economy, Railroads, Intermodal

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