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Although North American freight shipments continued to climb in May, they are still well below those of the last several years, and expenditures for freight fell for the third time in five months, according to the latest Cass Freight Index Report.
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It looks like the recession is over. Now the question on everyone's mind is the recovery. Even though the economy is heading in the right direction, expect a bumpy ride, said an economist speaking at Heavy Duty Aftermarket Week Tuesday. "The recovery is one of the most difficult phases of the business cycle," said Bob Dieli, President and founder of RDLB Inc., an economic research and management consulting fir
Read More →Private sector employers in the U.S. added the most jobs during March in more than two years, according to figures released Wednesday, while a separate reported showed economic activity in the service sector has eased a bit.
Read More →The odds of a recession in the U.S. during the first three quarters are low, according to Bob Dieli, president and founder of RDLB, Inc.
Read More →E-commerce is nothing new, but it continues rising to new heights. Smart trucking companies are realizing it’s the next area with a huge growth potential, especially when the overall economy is growing at a moderate rate at best.
Read More →Housing starts in the U.S. bounced back, according to a new Commerce Department report, but concerns remain about the future of the housing market as well as the wider economy.
Read More →Private sector employment in June saw its biggest month-over-month improvement since December, the third month-over-month jump in a row.
Read More →Two new readings of the U.S. manufacturing sector for April show the second quarter began with a slowdown in production and new business growth, while a separate report indicates construction activity is booming.
Read More →Don’t worry about some signs of the economy softening in recent months, Bob Costello, chief economist for the American Trucking Associations, told trucking executives during the American Trucking Associations’ annual Management Conference and Exhibition.
Read More →A jump in retail sales and industrial output are just two of several economic indicators released Friday showing the economy is performing at least somewhat better, but there are still some lingering concerns.
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