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Former Business Contributing Editor
Evan Lockridge worked for Heavy Duty Trucking for 20 years until 2018. A consummate "news guy" since the 1980s, he began covering trucking in 1990 on nationwide radio, print and digitally.
He is the recipient of four Jesse H. Neal honors.
The average cost of diesel in the United States started off 2014 slightly higher than where it ended last year, according to a weekly U.S. Energy Department report and is also at its highest level since late September.
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Rates on one of the nation’s largest spot freight markets increased in all three major categories, according to newly released figures.
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Economic activity in the nation’s manufacturing sector expanded in December for the seventh consecutive month, and the overall economy grew for the 55th consecutive month, according to a new report from the nation’s purchasing managers.
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The final week of 2013 provided some encouraging economic numbers including about holiday sales.
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The American economy expanded more in the third quarter of the year than earlier projections, according to the U.S. Commerce Department.
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UPDATED -- Existing home sales in the United States have fallen for the third straight month, according to the National Association of Realtors, but it’s not due to lack of interest from prospective buyers.
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Spot market freight activity continued picking up steam the second week of December, following some improvements the week before as well as in November.
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New housing starts in the United States during November surged 22.7% higher than the October rate, hitting its best level in five-years, according to new figures released by the U.S. Commerce Department.
Read More →Industrial production in the United States last month grew at its fastest pace in a year with output increasing past a pre-recession peak, according to the U.S. Federal Reserve.
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Fuel prices in the future may not be as high as some earlier feared, according to updated projections for U.S. energy markets through 2040, but natural gas is expected to grow, just not as rapidly as earlier believed.
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