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Newsby Evan LockridgeSeptember 21, 2015

Crude Oil Prices Affect U.S. Production

Crude oil prices are moving higher amid concerns that low prices have led to too many crude production cuts.

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Newsby Evan LockridgeSeptember 21, 2015

Economic Watch: Existing Home Sales Slow

Following three straight months of gains, existing–home sales dipped in August, according to a new report from the National Association of Realtors.

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Newsby Evan LockridgeSeptember 18, 2015

Economic Watch: Leading Economic Index Points to Slow Growth

A measure of the health of the nation’s economy and where it's headed moved slightly higher, but one analyst says the rate of growth remains unimpressive.

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Newsby Evan LockridgeSeptember 17, 2015

Economic Watch: Interest Rates Unchanged, Housing Starts Fall

Following a highly anticipated two-day meeting, the U.S. Federal Reserve’s Open Market Committee announced it is keeping interest rates unchanged, despite earlier indications it was moving toward a hike.

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Newsby Evan LockridgeSeptember 16, 2015

Economic Watch: Inflation Well Below Fed’s Goal for Interest Rate Hike

As the U.S. Federal Reserve’s Federal Open Market Committee begins a two-day policy meeting to decide whether to raise interest rates, it’s missing one key element.

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Newsby Evan LockridgeSeptember 16, 2015

FedEx Reports $692 Million Profit, Increases Rates

FedEx Corp.'s profits in its most recent fiscal quarter increased from a year earlier, but the company lowered expectations for the full year.

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Newsby Evan LockridgeSeptember 15, 2015

Economic Watch: Latest Indicators May Keep Lid on Interest Rate Hike

Retail sales in the U.S. posted another gain in August, leaving some wondering if it will be enough to push the Federal Reserve to hike interest rates from near zero for the first time in several years.

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Newsby Jim BeachSeptember 15, 2015

Economy Improving, But Challenges Abound

There are a number of positives for the U.S. economy and for trucking going forward, but a number of “headwinds” remain. That according to John Larkin, managing director of the investment firm Stifel, Nicolaus & Company.

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Newsby Evan LockridgeSeptember 14, 2015

Cass Freight Index Posts Unusual Drop for August

North American freight shipment volume and expenditures dropped for the second month in a row during August as the summer slowdown hit.

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Newsby Evan LockridgeSeptember 10, 2015

For-Hire Freight Shipments Rebound After One-Month Decline

A measure of the amount of freight moved by the nation’s for-hire transportation industry rose 0.6% in July from June, following a single month decline.

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