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As a result of the state of the economy and high rates of unemployment in some states, people flocked out of the Rust Belt and western regions, migrating to more promising states in the Southwest, Northeast and Southeas
Read More →The American Trucking Associations' advance seasonally adjusted For-Hire Truck Tonnage Index increased 2.7 percent in November, following a 0.2 percent contraction in October
Read More →While this recession has been the longest and deepest we've seen in a while, the record shows that markets do recover after a bad recession, said Noel Perry, senior consultant at FTR Associates, during a webinar Friday morning
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During an interactive session at the 2009 Intermodal Expo and TransComp in Anaheim, Calif., this week, 44 percent of the audience said they expect the economic recovery to play out in a "U" shape, or a slow upturn. Meanwhile, 26 percent anticipate a "W" shape, or a double dip in economic activity. For the most part, panelists agreed with the audience and expect an elongated "U,"
Read More →Despite the fact that nearly 70 percent of transportation contractors received stimulus-funded contracts work this year, most transportation contractors are not optimistic about the economic conditions, and about 77 percent expect the construction market to drop in 2010
Read More →"We really have reached a bottom, and that's a good thing." "We think the economy is starting to improve." These are just a few of the promising phrases listeners heard from Eric Starks, president of FTR Associate
Read More →Recent economic indicators point to some positive reinforcement that we're coming out of the recession, including news of the gross domestic product rising 3.5 percent in the third quarte
Read More →Shipments in manufactured durable goods were disappointing in August, with a 1.4 percent drop from July, following a two-month uptick in shipment
Read More →The U.S. Gross Domestic Product during the second quarter was not as bad as previously thought, with a 0.7 percent decline, compared to the 1 percent decrease forecasted in Augus
Read More →North American surface transportation trade was down 28 percent in July 2009 from the year-ago perio
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