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Private sector, non-farm employment increased by less than 200,000 jobs in April for the second straight month, according to a new report released Wednesday.
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The economy is in a “particularly volatile state,” with some saying it is going up while others think it is going down, according to Noel Perry, founder of Transport Economics, speaking at the ALK Transportation Technology Summit.
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Total intermodal shipments in the U.S. and Canada rose 2% over last year’s first quarter volumes despite port congestion issues that impacted international container traffic, according to new figures from the Intermodal Association of North America.
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Economic activity in the nation’s service sector increased in April, according to two reports released on Tuesday.
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New orders and shipments of factory made goods turned around in March, according to a new Commerce Department Report released Monday.
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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.
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Trucking operator YRC Worldwide Inc. cut some of its losses the first quarter of the year, but was still $21.6 million in the red.
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The pace of economic growth in the U.S. slowed dramatically in the first quarter of the year, according to the first estimate from the Commerce Department. Economists disagree whether bad weather and port problems are largely to blame.
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At the National Private Truck Council annual meeting, economist Kenny Vieth declared private fleets are now “sitting in the catbird seat” because they are “poised for growth” as the economy keeps gaining speed and freight volumes keep rising.
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A measure of U.S. consumer confidence fell in April, its biggest drop since October 2013 and the lowest level in four months.
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