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August employment numbers show a 700-job gain for the trucking industry, while unemployment dropped to its lowest level since April 2008.
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The employment picture in the U.S. continues to improve but the manufacturing sector is fighting to show better signs of life.
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The value of freight moved between the U.S. and its North America Free Trade Agreement partners fell in June, according to a new Transportation Department report, totaling $99 billion, as all modes except truck carried less freight.
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The U.S. economy grew by leaps and bounds in the second quarter of the year compared to the first quarter, according to a new government estimate released Thursday, which should ease investors fears in the wake of a global stock market sell-off.
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In a wide-ranging discussion with trucking journalists at its headquarters Tuesday, Kenworth executives shared their insights on topics ranging from autonomous trucks to the safety of the industry.
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The underlying fundamentals of the U.S. economy are better than, or at least nowhere near as bad as, the panic that set into Wall Street starting late last week and extended into Monday, according to several newly released reports.
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Inflationary pressures on the U.S. economy remain low, as evidenced by a report released Wednesday by the Commerce Department showing an increase of just 0.1% in July from the month before.
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Truckload shipping rates continue to rise, while intermodal shipping continues to get cheaper, according to two of the latest monthly readings. A wider report on freight transportation showed a seasonal lull.
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The U.S. housing market continues to improve, with new home starts hitting their highest level in seven years and builder optimism the best in nearly a decade.
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The amount of activity at the nation’s factories, mines and utilities turned in its best performance in eight months during July, according to a new Federal Reserve report on Friday.
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