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If trucking is the lifeblood of the nation’s economy, then surprisingly, there is no reason for alarm if the arteries carrying those trucks seem a little clogged. Traffic information services provider Inrix reports traffic congestion rose nationally more than 9% in May, signaling the continued strengthening of the national economy.
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Economic Watch: American consumers opened their wallets a whole lot more in May, with consumer spending increasing the most in nearly six years.
Read More →A string of economic experts and industry analysts offered a more optimistic look at the economic and trucking industry outlook for 2011 -- albeit with some downsides -- during the annual Heavy Duty Dialogue event put on Monday by the Heavy Duty Manufacturers Association in Las Vegas
Read More →With tax reform enacted, so far GDP has only grown at 2.3% annual rate in the first quarter of 2018, slightly down from the end of 2017. We were hoping for a boost in growth, but so far that hasn't happened. Analysis by Business Contributing Editor Evan Lockridge.
Read More →Employers added 288,000 jobs in June, 17,000 of them in the transportation and warehousing arena, and the unemployment rate fell to 6.1%. That's well above the rate of hiring in the first five months of the year, a sign the economy continues to rebound.
Read More →The widest measure of the health of the American economy was revised higher for the second quarter of the year, hitting its best pace in two years, while separate reports show hiring and consumers' feeling about the economy remain strong.
Read More →U.S. economic growth improved more than previous estimates, but not by much, according to Commerce Department figures released Tuesday. Stronger net exports and business investment offset an unexpected downward revision to consumer spending.
Read More →The latest read on where the U.S. economy is heading suggests activity will slow a bit in the coming months.
Read More →The level of manufacturing in the U.S. was unchanged in April compared to the month before, according to a new survey of the nation’s purchasing managers.
Read More →English proficiency for drivers and artificial intelligence in trucking were among four trucking industry concerns that made their first appearance on the American Transportation Research Institute’s annual Top Industry Issues report. Unsurprisingly, the state of the economy remained in the top spot.
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