Latest Economic Numbers Better Than Last Week’s
The latest numbers about the health of the U.S. economy are more upbeat than those that came out last week. Industrial production rose in March by 0.4% from the month before due to utilities using more energy and a surge in auto production and new homes starts in the country have hit an annual level not seen in nearly four years.
The latest numbers about the health of the U.S. economy are more upbeat than those that came out last week.
Industrial production rose in March by 0.4% from the month before due to utilities using more energy and a surge in auto production. This measure of the total output from the nation’s factories, mines and utilities from the Federal Reserve showed overall factory production fell 0.1% while utility output climbed 5.3% and auto/auto parts production increased 2.9%.
The overall increase follows an upwardly revised 0.9% increase in February.
A separate report from the U.S. Commerce Department shows new homes starts in the country have hit an annual level not seen in nearly four years. Activity increased in March 7% from February, to 1.04 million new units annually. It was driven higher by 31.1% increase multi-family homebuilding, the best rate in seven years, despite single family home starts falling 4.8%.
Analysts caution the multi-family homebuilding sector is extremely volatile and subject to big month-to-month swings.
The overall March level is almost 46% higher than the same time a year ago.
Finally, a third report from the U.S. Labor Department shows inflation is in check with consumer prices in March falling 0.2% from February. The drop in the Consumer Price Index follows a 0.7% gain in the month before, both due to swings in fuel prices.
The core CPI, which takes away volatile food and energy prices, showed a 0.1% increase in March, lower than a consensus poll of economists were forecasting.
More Fleet Management

Kodiak Lines Up Fleets for Driverless Trucking
An agreement for 75 trucks, a new Texas freight lane, and progress on safety validation move Kodiak closer to its planned driverless highway launch.
Read More →
ITS Logistics Settles Religious Harassment Case
The Nevada-based logistics firm agreed to pay more than $396,000 to settle a religious harassment charge involving an employee's Jewish identity.
Read More →
Your Trucks Are Busy. That Doesn’t Mean They’re Winning.
High utilization doesn’t always mean strong margins. Looking beyond the current load can help fleets make better dispatch decisions and get more value from each truck’s time.
Read More →
Why This Trucking Recovery Is Different
Freight demand remains sluggish, but rising costs and tougher enforcement have taken enough capacity out of the market to change the outlook for motor carriers.
Read More →
Platform Science Adds Dispatch and Safety Tools
Four additions to PS Fleet help fleets monitor loads, manage driver coaching, share truck locations and adjust video system settings.
Read More →
PrePass Intelligence Mines Fleet Bypass, Toll and Safety Data
PrePass Intelligence helps fleets measure bypass savings, flag potential toll overcharges, and spot suspicious transactions by combining data from separate systems.
Read More →
Motive Adds AI Agents for Fleet Operations
New tools automate follow-up on fleet data, from maintenance work orders to driver alerts, with two-way voice conversations planned for later this year.
Read More →Can You Beat Our Trucking Trivia Challenge?
Test your truck knowledge with 19 trivia questions from Heavy Duty Trucking Exchange. Can you keep up with the fleet pros?
Read More →
BeyondTrucks Adds Rules Checks to Dispatch
New Compatibility Engine checks driver qualifications, equipment requirements and fleet policies before loads are dispatched.
Read More →
Diesel Prices Hijack Trucking’s Worry List
ATRI’s annual survey finds cautious optimism about freight, but diesel costs, litigation, and insurance continue to squeeze fleets. Drivers have different priorities on several issues.
Read More →
