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Economy

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May 22, 2014 - Industry News

Economic Watch: Manufacturing, Existing Home Sales, Economic Indicators Improve

UPDATED -- Three newly released reports suggest the American economy may finally be shaking off the winter doldrums that brought business activity down in the first quarter, with expectations of improvements well into the year.

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

May 20, 2014 - Industry News

April Truck Tonnage Up from March, Remains Near All-Time High

Credit: ATA

The American Trucking Associations’ For-Hire Truck Tonnage Index increased 1.5% in April, after rising 0.6% the previous month, according to newly released figures. In April, the index equaled 129.1 versus 127.2 in March. The all-time high was in November 2013 at 131.

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

May 16, 2014 - Industry News

Economic Watch: Housing Starts Surge, Consumer Sentiment Dips

Housing starts in the U.S. jumped again in April, while the number of new building permits issued hit it best level since 2008, according to the U.S. Commerce Department.

Tags: Economy, Housing Starts, Consumer Sentiment

May 15, 2014 - Industry News

Economic Watch: Consumer Prices Rise, Industrial Production Down

UPDATED -- A new report shows consumer prices rising for the sixth straight month, with the Consumer Price Index increasing 0.3% in April from the month before, the biggest gain in 10 months.

Tags: Economy, Consumer Prices, Consumer Spending, Industrial Production

May 14, 2014 - Industry News

DOT Freight Index Up for Second Straight Month, Near Record High

Freight Transportation Services Index, March 2009 - March 2014. Credit: U.S. DOT

The amount of freight carried by the nation’s for-hire transportation industry rose 1.6% in March from February, rising for the second consecutive month, according to the U.S. Department of Transportation’s Freight Transportation Services Index.

Tags: Economy, Freight, Freight Index

May 14, 2014 - Industry News

Economic Watch: Producer Prices Post Biggest Jump in 18 Months

Prices at the wholesale level surged in April, with the Producer Price Index showing a 0.6% increase from the month before and the largest gain since September 2012, according to the U.S. Labor Department.

Tags: Economy, Wholesale Prices, Producer Prices

May 13, 2014 - Industry News

Economic Watch: April Retail Sales Barely Improve

Retail sales in the U.S. barely moved higher in April, increasing just 0.1% from the month before, according to new Commerce Department figures.

Tags: Economy, Retail Sales

May 7, 2014 - Industry News

Cass Freight Index: Freight Expenditures Hit Highest Level Since 1999

Freight expenditures increased for the third straight month during April while its 2.8% hike follows a 5.4% rise in March and an increase of 6.8% in February.

Tags: Economy, Freight, Cass Freight Index

May 5, 2014 - Industry News

Intermodal Freight Volume Rises 2.6% in First Quarter

Total intermodal freight volumes rose 2.6% above the previous year in the first quarter of 2014, according to new figures from the Intermodal Association of North America, despite extreme weather conditions depressing economic activity across much of the continent.

Tags: Economy, Intermodal, Freight, IANA

May 5, 2014 - Industry News

Economic Watch: Non-Manufacturing Activity Highest Since August

Economic activity in the nation’s non-manufacturing sector grew in April for the 51st consecutive month, hitting its highest level since last August, according to the nation’s purchasing and supply executives in the latest Non-Manufacturing Report On Business.

Tags: Economy, Non-Manufacturing

May 2, 2014 - Industry News

Economic Watch: Unemployment Lowest in More Than Five Years; Factory Shipments, Auto Sales Up

UPDATED -- Numbers released Friday by the U.S. Labor Department show 288,000 jobs were added, the most since January 2012, with the unemployment rate falling to 6.3% from 6.7% in March.

Tags: Economy, Unemployment, Employment, Factory Shipments, Factory Orders, Auto Sales

May 1, 2014 - Industry News

Economic Watch: Consumer Spending, Construction, Manufacturing Post Gains

UPDATED -- A new report shows U.S. consumer spending in March took its biggest leap forward since August 2009.

Tags: Economy, Consumer Spending, Personal Income

April 30, 2014 - Industry News

Economic Watch: First Quarter Growth Flat, April Employment Jumps

Change in Total Nonfarm Private Employment.

UPDATED -- The American economy picked up very little steam in the first quarter of the year, recording its weakest reading since the fourth quarter of 2012, according to a new U.S. Commerce Department report released Wednesday.

Tags: Economy, GDP, Employment, ADP

April 28, 2014 - Industry News

Economic Watch: Pending Home Sales, Consumer Confidence Best in Months

After months of stagnant activity, pending home sales rose in March, marking the first gain in the past nine months, according to the National Association of Realtors.

Tags: Economy, Home Sales, Consumer Sentiment

April 24, 2014 - Industry News

U.S.-NAFTA Trade Increases, Trucks Gain Most of Any Mode

Percent Change in Value of U.S.-NAFTA Freight Flows by Mode: February 2013 - February 2014. Credit: U.S. DOT

Two of five transportation modes, truck and pipeline, carried more U.S.-North American Free Trade Agreement freight in February 2014 than compared to the same time a year earlier, according to new U.S. Transportation Department figures.

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

April 23, 2014 - Industry News

Economic Watch: Sales of New Homes Sink, Manufacturing Rising

Photo: Evan Lockridge

UPDATED -- Sales of new single-family homes in the U.S. plunged during March, hitting it lowest level since July and marking the third decline out of the last six months.

Tags: Economy, Home Sales, Manufacturing

April 22, 2014 - Industry News

Report: Global Telematics Market to Grow from $17 Billion to $39 Billion in 2019

A new report forecasts the global commercial telematics market to grow from $17.3 billion this year to $39.15 billion in 2019, representing an compounded annual growth rate of 17.7%.

Tags: telematics, Economy, Information Technology

April 22, 2014 - Industry News

March Truck Tonnage Gains, First Quarter Down From Previous One

Credit: ATA

The American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index increased 0.6% in March, after jumping 1.9% the previous month, according to just released figures.

Tags: Economy, ATA, American Trucking Associations, Freight, Truck Tonnage

April 22, 2014 - Industry News

Economic Watch: Existing Home Sales Fall Slightly

New figures show existing-home sales fell to their lowest level in more than 18 months during March, according to the National Association of Realtors, but the trend may be staring to ease.

Tags: Economy, Home Sales

April 21, 2014 - Industry News

Economic Watch: Leading Economic Indicators Surge

A measure of the health of the U.S. economy turned sharply higher last month, according to a report released Monday morning from the private research group The Conference Board.

Tags: Economy, The Conference Board, Leading Economic Indicators

April 17, 2014 - Industry News

Truckload Linehaul, Intermodal Price Indices Hit New Highs

Truckload linehaul rates spiked in March, with the Cass Truckload Linehaul Index surpassing the 120 mark, showing a 6% year-over-year increase.

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

April 16, 2014 - Industry News

Economic Watch: New Home Starts Mixed, Industrial Production Up

The number of new home starts in the U.S. picked up slightly in March but is below the pace from a year earlier, according to a new U.S. Commerce Department report.

Tags: Economy, Industrial Production, Home Starts

April 15, 2014 - Industry News

Economic Watch: Inflation in Check, Homebuilder Confidence Rises

A new report shows inflation remains in check with consumer prices increasing 0.2% in March, following a 0.1% gain in February, according to the U.S. Labor Department.

Tags: Economy, Consumer Prices, Home Building

April 14, 2014 - Industry News

Economic Watch: March Retail Sales Post Biggest Hike Since 2012

The 1.1% increase from the month before comes as February’s figures was revised upward from a 0.3% increase to a 0.7% gain, following declines in January and December.

Tags: Economy, Retail Sales

April 11, 2014 - Industry News

Economic Watch: Wholesale Prices, Consumer Sentiment Both Rise

UPDATED -- Prices at the wholesale level increased 0.5% in March, the biggest hike since June, according to a new U.S. Labor Department report

Tags: Economy, Wholesale Prices, Producer Prices, Consumer Sentiment

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