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TransCore's North American Freight Index achieved its highest level for the month of August since 2005. Spot market freight availability in August increased 75 percent over August 2009.
Read More →The Ceridian-UCLA Pulse of Commerce Index fell 1 percent in August, a disappointing number that closes out an erratic summer in the PCI. The decline indicates an economy that is struggling to move forward, following July's increase of 1.7 percent and June's drop of 1.9 percent
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Continued high unemployment and three quarters of less-than-3-percent GDP do not mean we are headed into a double-dip recession. In fact, things are looking very good for trucking in this recovery, said trucking economist Noel Perry, speaking at the McLeod Software User Conference in Birmingham, Ala., Monday. However, he said, carriers need to learn how to deal with a more volatile business environment
Read More →A strong rebound in net margins for publicly traded truckload companies in the second calendar quarter is expected to fuel continued improvement in demand for heavy-duty vehicles and trailers, according to ACT Research Co
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Economic growth and freight volumes have been decelerating and will likely move sideways for the next few months, until a hoped-for change in the composition of Congress in November reassures businesses enough to start investing and hiring again. But truckload capacity is tight and will continue to tighten, and we're on the cusp of improved pricing. That was the message of transportation analysts with Stifel Nicolaus in its annual "Shaking the Sand Out" conference call Thursday
Read More →Transportation forecasting group FTR Associates reports its Trucking Condition Index, at 0.8 for July and reported in the September Trucking Update, is expected to remain in positive territory for the remainder of the year
Read More →The U.S. lost 54,000 jobs in August, raising the unemployment rate slightly to 9.6 percent from July's 9.5 percen
Read More →Productivity slipped 1.8 percent during the second quarter of 2010, according to a U.S. Bureau of Labor Statistics report
Read More →Manufacturing activity rebounded in August, with the Institute for Supply Management's index of manufacturing activity (PMI) increasing to a reading of 56.3, compared to 55.5 in July
Read More →After falling for two straight months, new orders for manufactured durable goods gained 0.3 percent to $193 billion in Jul
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