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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.
New orders and shipments of factory made goods turned around in March, according to a new Commerce Department Report released Monday.
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ArcBest Corp. on Monday announced it was back in the black during the first quarter for the first time in seven years, reporting first quarter net income of $700,000 or 3 cents per share.
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The level of manufacturing in the U.S. was unchanged in April compared to the month before, according to a new survey of the nation’s purchasing managers.
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The pace of economic growth in the U.S. slowed dramatically in the first quarter of the year, according to the first estimate from the Commerce Department. Economists disagree whether bad weather and port problems are largely to blame.
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A measure of U.S. consumer confidence fell in April, its biggest drop since October 2013 and the lowest level in four months.
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Profit for package delivery and trucking giant UPS Inc. increased 12.6% in the first quarter from the same time in 2014.
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The average U.S. cost of on-highway diesel moved higher on Monday for the second straight week as oil prices also gained last week.
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Truck component supplier Accuride Corp. nearly broke even the first quarter of the year after losing more money a year earlier.
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Growth in the U.S. service sector during April eased from a seven-month high in March, according to the financial information services provider Markit, but numbers still point to strong start to the second quarter.
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Orders for big ticket, long lasting durable goods increased 4% in March, the biggest gain in eight months, but a key indicator of business investment fell for the second consecutive month.
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