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At least there is one thing that’s not a worry when it comes to the American economy…inflation. The U.S. Labor Department’s Consumer Price Index increased only 0.2% in September from the month before.
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Industrial production in the United States increased in September, posting its biggest gain in seven months. This follows a report Friday showing shipments of manufactured durable goods hit their highest level on record going back to 1992 -- but consumer confidence took a nosedive.
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The nation’s unemployment rate continues moving lower inch-by-inch, hitting a five-year low, according to the U.S. Labor Department. It fell to 7.2% in September compared to 7.3% in August.
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ORLANDO -- The changes to the federal commercial driver hours of service rules that went into effect July 1 caused the issue to top the American Transportation Research Institute's annual survey of more than 4,000 trucking industry executives, truck drivers, trucking industry suppliers and government.
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The economy and freight continues to chug along in an "OK" mode, while stagnant capacity and new and pending regulations put the industry "on the cusp of a capacity crunch" if the economy speeds up, according to a panel of economic and industry experts at the American Trucking Associations' annual convention Sunday.
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ORLANDO -- The American Trucking Associations' annual Management Conference and Exhibition began on Sunday in sunny (but very humid) Orlando, Fla. Here is a just a sampling of what’s been going on. For the latest news from the show go to www.truckinginfo.com/list/tag/ata2013.aspx and follow us on Twitter at www.twitter.com/hdtrucking. Photos by Evan Lockridge.
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With the partial shutdown of the U.S. government and the prospect the U.S. will default on its financial obligations, consumers don’t feel that good about the future, at least economically speaking, but they could also be doing a whole lot worse.
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Freight costs continued to rise in September, showing the largest month-to-month increase since March, but it's not due to a raise in rates. Meanwhile, North American shipment volumes also rose for the second month in a row, according to the Cass Freight Index.
Read More →A more than two-year streak in U.S. auto sale gains came to an end in September, but don’t read too much into the decline, say analysts. Early estimates show new sales fell 4% in September compared to the same time a year ago, to a little more than 1.1 million vehicles.
Read More →With the government shutdown on one coast, the stranglehold of emissions regulations on the other, and a look at trucking efforts to thwart drug smugglers, trucking's been in the general media this past week. Read more in the "All That's Trucking" blog.
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