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Consumer spending and personal income posted strong gains in March, marking the fourth consecutive monthly increase
Read More →An analyst with a prominent international energy consulting firm has called the current crude oil market "unstable.
Read More →New orders for manufactured goods in November were up 0.9 percent from October, according to the U.S. Commerce Dept. This followed a 4.5 percent decrease in October.
Read More →Repossessions and liquidations of tractor-trailer trucks increased 110 percent in 2007 compared with 2006, according to Nassau Asset Management's NasTrac Quarterly Index
Read More →An estimated two-thirds of the nation's non-residential construction companies are planning to cut their payrolls, according to new employment and business forecast figures released by the Associated General Contractors of America
Read More →Just-in-time inventory management has been a boon for the truck industry, and e-commerce may be its greatest future challenge, according to Eaton president and COO Sandy Cutler. In his keynote address at the NationaLease annual convention,
Read More →Monday's business inventory report from the Census Bureau confirms that excess inventories continue to be absorbed. Inventories have to return to "normal" before production, imports and freight can recover to the level of current consumption
Read More →Profit pressures from high fuel costs plus a softening of freight activity has caused truckload carriers to put the brakes on driver wage increases, says SignPost Inc. According to the company’s latest National Survey of Driver Wages, fewer than 15% of carriers made wage changes in the third quarter of 2000. By comparison, more than 20% made changes in third quarter 1999, 23% in 1998, and almost 25% in 1997
Read More →Unemployment is continuing to increase in the United States, but not as rapidly. Friday morning the U.S. Labor Department reported the unemployment rate in December moved up to 5.8% as another 124,000 people were put out of work
Read More →Orders and shipments of manufactured goods fell in November following a significant increase the month before
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