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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.
Crude oil prices are moving higher amid concerns that low prices have led to too many crude production cuts.
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Following three straight months of gains, existing–home sales dipped in August, according to a new report from the National Association of Realtors.
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A measure of the health of the nation’s economy and where it's headed moved slightly higher, but one analyst says the rate of growth remains unimpressive.
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Following a highly anticipated two-day meeting, the U.S. Federal Reserve’s Open Market Committee announced it is keeping interest rates unchanged, despite earlier indications it was moving toward a hike.
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Rates and the amount of available freight on the spot market continue to be lackluster, but there is an indication prices could pick up at least somewhat in the near future.
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As the U.S. Federal Reserve’s Federal Open Market Committee begins a two-day policy meeting to decide whether to raise interest rates, it’s missing one key element.
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FedEx Corp.'s profits in its most recent fiscal quarter increased from a year earlier, but the company lowered expectations for the full year.
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Freight volume followed a common seasonal pattern of declining in August on the spot freight market as linehaul rates also moved lower, pushing the latest DAT North American Freight Index down for the second straight month.
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Retail sales in the U.S. posted another gain in August, leaving some wondering if it will be enough to push the Federal Reserve to hike interest rates from near zero for the first time in several years.
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Truckload linehaul rates paid by shippers increased again last month, while intermodal costs were mixed, according to two new reports from freight payment processor Cass Information Systems.
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