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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.
Both the number of shipments and expenditures on freight transportation by shippers continued their downward slide in December, according to latest Cass Freight Index.
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A measure of freight moving between the U.S. and its neighbors to the north and south shows for the first time the total value of U.S.-Mexico freight flows exceeded those between the U.S. and Canada.
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We’ve all heard the saying, “Those who cannot remember the past are condemned to repeat it.” It’s one to take to heart looking back at 2015.
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Shipments of manufactured goods in the U.S. increased slightly in November, according to a new and full government report, while new orders posted its third decline in the last four months.
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Average rates for flatbeds and reefers on the spot freight market ticked slightly higher during the final week of 2015 and first two days of this year compared to the week before, according to DAT Solutions and its load boards.
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Activity in the nation’s manufacturing sector has contracted for the second month in a row, and at the fastest rate in six years. Meanwhile, construction spending unexpectedly fell, but remains a bright spot compared to a year ago.
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Two days before Christmas, the Commerce Department released three reports on the U.S. economy. When put together, they show a solid performance, though not as strong as it has been or some would like.
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Rates on the spot freight market slipped in two of the three main sectors for the week ending Dec. 19 as the amount of cargo to move fell slightly, according to DAT Solutions per its network of load boards.
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The latest measure of strength in the overall U.S. economy shows it maintained its momentum in the third quarter of the year. A separate report shows a big decline in existing home sales for the second straight month.
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Recent reports on freight movements, shipper spending and even the spot market can be downright confusing if you’re trying to figure what’s happening to the nation’s freight market and overall economic health.
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