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Auto haulers have a good reason to expect 2015 will be a good year for them, following a prediction that new car and light truck sales and leases will hit nearly hit the 17 million-level.
Read More →Housing starts in the U.S. fell in October, but an indicator of future building is at a more than six-year high, according to a new Commerce Department report.
Read More →UPDATED -- The Producer Price Index increased 0.2% from September, driven by a 0.5% jump in the cost of services.
Read More →UPDATED -- Industrial production in the U.S. edged down 0.1% in October after having advanced 0.8% in September, according to new figures from the U.S. Federal Reserve.
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Retail sales in the U.S. rebounded in October due to broad-based gains, as consumers get ready to head into the Christmas shopping season, according to a U.S. Commerce Department report.
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A measure of how much freight is moved by the nation’s for-hire transportation industry hit a record high in September with a 0.3% increase from the month before, according to a new U.S. Transportation Department report.
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The Trucking Conditions Index from the freight transportation forecasting firm FTR registered 9.07 for September, according to a just released report.
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Some freight is having trouble entering the country and moving quickly to final end users while, the “transportation ecosystem is finding itself in turmoil” as freight shipments, particularly imports, climb in anticipation of a stronger holiday shopping season this year.
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Total intermodal freight volume rose 5.1% in the third quarter of the year compared to the same time in 2013, while domestic U.S. and international volumes individually reported gains in of 5.5% and 4.7%, respectively.
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The unemployment rate in the U.S. fell again in October, dropping to its lowest level since July 2008, according to the U.S. Labor Department. In the same period, for-hire trucking added 3,900 jobs.
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