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A measure of the health of the nation’s economy shows it has increased again, while concerns linger by the Federal Reserve about economic growth for the remainder of the year.
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Connecticut Gov. Dannel Malloy has signed legislation creating the Connecticut Port Authority, which will act as a quasi-public agency to market and coordinate the development of the state’s ports and maritime economy.
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This is going to be a banner year for the logistics industry, says Rosalyn Wilson in the 25th Annual State of Logistics Report. The economy last year was not stellar and business inventories plummeted in the first period this year as a consequence of bad weather, but freight is gaining now, Wilson says in a Tuesday presentation at the National Press Club.
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Four consecutive +200k monthly non-farm payroll reports is impressive, but it will take more than headline improvement to thrust the economy above current trend growth. Employment gains thus far have not yet led to wage pressures. Without adequate income growth, the consumer remains limited in spending capacity, which is restraining near-term growth prospects.
Read More →Pickups still account for the majority of diesel vehicles, but cars and other passenger vehicles are increasingly powered by the compression-ignition engines.
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Manufacturing activity expanded throughout the nation with a notable improvement along the East Coast. Growth was particularly strong for several Distracts related to motor vehicles, aerospace, and metals. Both non-residential construction activity and commercial real estate markets were generally steady to stronger since the last report.
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Truck operators interested in maximizing their fuel economy will have the opportunity to explore the new Kenworth T680 Advantage during a three month tour announced by Kenworth.
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Kevin Burch, president of Jet Express and an American Trucking Associations vice chairman, and Phil Byrd, president of Bulldog Hiway Express and ATA Chairman, talk about the negative impacts of changes to hours-of-service rules on their fleets, the trucking industry and the economy.
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When your truck's alignment is out of whack, with all those wheels heading in different directions, it's unlikely you're getting the best fuel economy — or tire life.
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UPDATED -- Three newly released reports suggest the American economy may finally be shaking off the winter doldrums that brought business activity down in the first quarter, with expectations of improvements well into the year.
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