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For the moving industry, corporate relocations are a big part of their business. And when the economy starts affecting those relocations, it's of prime interest
Read More →Trailer manufacturers expected 2001 to get off to a weak start, but weren’t prepared for the "blood bath" that occurred in first quarter
Read More →Today’s March manufacturing report from the Census Bureau suggests that the manufacturing sector may have begun to rebound, promising increased freight volume ahead
Read More →Today's economic news is positive for freight haulers and truck equipment manufacturers
Read More →The economic growth rate in the U.S. was reported to be an unexpectedly strong 2% in the first quarter of the year, as reported today by the Commerce Department. GDP growth had fallen to 1% at the end of last year and was widely expected to be in the 0-1% range at the beginning of this year
Read More →Freight has dropped off from last year, but there is still enough to go around, according to Scott Moscripp, president of Internet Truckstop, the web-based load-matching service
Read More →Orders for durable goods rose 3% in March, but it was mostly for ships and tanks, with non-transportation orders off 1.8% -- the fourth consecutive decline. However, shipments rose 0.1% after declining the previous five months. The stable shipments value is the best news for freight
Read More →The fourth half-percent interest rate cut this year came today in a surprise action by the Federal Reserve Board. Usually the Board acts only during the every six-to-seven-week Open Market Committee meetings. Today's cut promises to speed up consumer and business purchases -- and then production and freight
Read More →As economists and trucking analysts continue to keep a close eye on the economy, new figures on industrial production, housing starts and inflation offer some good news
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
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