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ACT Research announced that David Teolis, former deputy chief economist, international markets, FX and commodities for General Motors Company, has joined the firm in the position of chief economist.
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When we drilled into third-quarter GDP to look at the segments of the economy linked to freight demand, the results far exceeded our forecast.
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COVID-19 brought on the worst recession in U.S. history, but the recovery is underway and economic conditions should return to pre-COVID levels by late next year.
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Discover how low viscosity engine oils can improve your fleet’s overall fuel economy and productivity.
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The global shutdowns caused by the COVID-19 pandemic continue to wreak havoc in economic forecasting.
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The American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index only decreased 1% in May to 106.1 after falling 10.3% in April to 107.2.
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March’s Trucking Conditions Index (TCI) of -8.69 is just the start for industry, according to FTR, which predicts it will lead to the worst quarter on record.
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Oil prices bounced back last week, jumping to more than $30 a barrel. While some see this as a positive, there might be more to consider below the surface, both literally and metaphorically.
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Comcar Industries, the parent company for five national truck transportation and related services businesses, has announced its intent to sell its various operating companies, recently filling for Chapter 11 protection to facilitate these sales.
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Trucking conditions likely bottomed in mid-April, but a speedy recovery isn’t anticipated, according to FTR.
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