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Orders for big ticket, long lasting durable goods increased 4% in March, the biggest gain in eight months, but a key indicator of business investment fell for the second consecutive month.
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American Trucking Associations’ American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index fell by 6.1% in May, nearly erasing the 7% gain in April.
Read More →Total spending in the United State on construction remains volatile. while manufacturing has declined. A new report from the U.S. Commerce Department show construction spending in April increased 0.4% from the month before. In March activity fell 0.8%, after rising in February and declining 4% in January.
Read More →The Celadon Group continues to restructure its assets in an attempt to create more liquidity, while it is being investigated by the Securities and Exchange Commission.
Read More →The estimated level of U.S. economic growth in the fourth quarter of last year was revised sharply downward by the Commerce Department on Friday.
Read More →The amount of freight carried by the for-hire transportation industry rose 0.3% in March from February, rising for the fifth month in a row, according to the U.S. Department of Transportation’s Bureau of Transportation Statistics.
Read More →The American Trucking Associations' advanced seasonally adjusted For-Hire Truck Tonnage Index jumped 3.7% in November. The first gain since July, it erased October's 3.7% drop
Read More →Sales of new automobiles, light-trucks and SUV’s in the U.S. picked up their pace dramatically last month, hitting an annual rate of 16.4 million, far above the 15.3 million yearly rate in October and the best since early 2007.
Read More →FTR Associates Shippers Conditions Index for November fell marginally from October to a reading of -5.3, the precursor to what is expected to be a more challenging environment for shippers -- meaning more leverage for truckers -- in 2013
Read More →With the partial shutdown of the U.S. government and the prospect the U.S. will default on its financial obligations, consumers don’t feel that good about the future, at least economically speaking, but they could also be doing a whole lot worse.
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