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New economic reports this week paint a picture of a U.S. economy that continues to gain momentum following a slow start to the year, due in part to increased e-commerce – despite some bumps in the road for manufacturing and housing.
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Growth in the U.S. economy during the first quarter didn’t slow as much as first estimated, according to government numbers released Friday, while separate reports showed weaker factory activity but continued high consumer sentiment.
Read More →One of the biggest drivers of the American economy unexpectedly improved again in October, increasing hopes for a strong overall fourth quarter economic performance. A separate report showed just a minimal rise in inflation, but it’s likely strong enough to led the Federal Reserve to push interest rates higher next month.
Read More →The Federal Reserve on Wednesday increased the nation’s benchmark interest rate for the third time since its first hike in nearly a decade in December 2015, amid evidence of a steady economy and indications of more interest rate increases later this year.
Read More →Volvo says advances in combustion and aftertreatment helped its new EPA 2027 D13 engine avoid the fuel-economy penalties many once expected from tighter NOx emissions limits.
Read More →All Rand McNally IntelliRoute TND 720 truck GPS devices will now ship with new software that includes updates and new features available via Wi-Fi connectivity.
Read More →The poor economic numbers for the month of June continue to roll in. The U.S. Commerce Department today reported manufacturing shipments fell 2.8% from May's figures
Read More →Along with the glut of used trucks, the heavy truck industry has an excess of more than 50,000 new Class 8s, double the annual average excess of about 25,000. However, as factories reduce their build rates and increase their shutdown times, that excess is decreasing
Read More →As third-quarter financial reports continue to be released, it is evident that high fuel prices have affected both trucking companies and the manufacturers that supply them
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