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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.
Sales of new homes rose last month while two separate reports show the nation’s manufacturing sector is nearly as strong this month as it was during October.
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The value of freight moved between the U.S. and its North American Free Trade Agreement partners increased for the 11th straight month during September, according to new Transportation Department figures, but it's the smallest gain since April.
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Existing-home sales increased in October to their strongest pace since earlier this summer, according to a new report, while a separate one showed the overall U.S. economy continued growing at a strong pace last month.
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A measure of truckload linehaul rates hit an all-time high last month, according to one latest measure, while a separate report showed another gain when it comes to intermodal rates.
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A pilot study by Oregon State University illustrates the high economic cost of having too few safe places for commercial truck drivers to park and rest — but an indirect solution may be on the horizon. Analysis by Business Contributing Editor Evan Lockridge.
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The U.S. housing market improved in October following some ups and downs earlier in the year, while industrial production jumped in part due to increased manufacturing. And e-commerce retail sales continued booming in the third quarter.
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One of the biggest drivers of the American economy unexpectedly improved again in October, increasing hopes for a strong overall fourth quarter economic performance. A separate report showed just a minimal rise in inflation, but it’s likely strong enough to led the Federal Reserve to push interest rates higher next month.
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The availability of spot truckload freight slipped 1.6% and the number of posted trucks rebounded 7.6% for the week ending Nov. 11, according to DAT Solutions and its network of load boards.
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The biggest shopping weekend of the year is right around the corner, and two out of every three Americans are planning to shop or considering shopping during Thanksgiving weekend, according to a new report. And that means a lot of freight moving by trucks.
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After exceeding expectations in 2017, the global economy is projected to continue its current momentum to generate a 3% growth rate through 2018, according to The Conference Board’s latest Global Economic Outlook.
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