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The amount of economic damage from the SARS virus cannot yet be fully measured because World Health Organization reports suggest that there are likely some contagious people not yet quarantined in several regions in China.
Read More →The March manufacturing index from the Institute of Supply Management (ISM) dropped to 46.2 in March from 50.5 in February over concerns about the impact of the war in Iraq.
Read More →Truck production, which has already begun to slide steeply from the record highs posted in 1999, will get steadily worse throughout this year and next before flattening out. But that's not all bad, agreed the six economists and transportation experts who spoke at the Economic Outlook Conference sponsored by the National Truck Equipment Association in Dearborn, Mich., this week.
Read More →The demand for new trucks and buses will continue to ease through this year and next, then start a steady pace of expansion in 2002, predicts Economic Planning Associates
Read More →Amid growing concerns about the stock market and corporate scandals, consumer confidence took a dive in July to its lowest level in five months
Read More →The American Trucking Associations has revised the trucking industry's 2004 fuel costs and projected an increase in the amount it will spend on fuel in 2005.
Read More →The long period of relatively cheap insurance seems to be over. We’re hearing a few reports of price hikes as high 25-30% -- mainly for liability and workers’ compensation -- but the general consensus leans more toward 10-15%.
Read More →The Federal Reserve has cut interest rates for the ninth time this year. Tuesday the Fed decided to lower its target for the federal funds rate by 50 basis points to 2.5 percent
Read More →The latest word is that wholesale inventories are down for the third consecutive month, and that could be good for trucking
Read More →New orders for durable goods increased in May while shipments were flat
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