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Retail sales increased in June, according to a new Commerce Department report, but the gain was far less than analysts were expecting.
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FTR’s Trucking Conditions Index in May, at a reading of 5.74, reflects some headwinds affecting truck fleet results, according to this latest report from the transportation forecasting firm.
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The Port of Virginia set a new mark for volume in fiscal 2014, handling more than 2.3 million twenty-foot equivalent units in the twelve months ending June 30, eclipsing the previous fiscal year record by 140,476 TEUs.
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The freight logistics sector continued to strengthen in June, with both shipment volumes and expenditures rising once again, according to the Cass Freight Index.
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After hitting record high levels for two straight weeks, intermodal rail traffic set another new record during June.
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Employers added 288,000 jobs in June, 17,000 of them in the transportation and warehousing arena, and the unemployment rate fell to 6.1%. That's well above the rate of hiring in the first five months of the year, a sign the economy continues to rebound.
Read More →Expect the highways to be more crowded this Independence Day weekend that they were last year and compared to the recent Memorial Day holiday.
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Economic activity in the manufacturing sector expanded in June for the 13th consecutive month, and the overall economy grew for the 61st consecutive month, according to the Institute for Supply Management.
Read More →As negotiations continue for a new contract agreement covering 13,600 dockworkers at 30 ports stretching from San Diego, Calif., to Bellingham, Wash., a new shows the U.S. economy could lose as much as $2.5 billion a day if a prolonged West Coast port shutdown occurs.
Read More →This was the highest week in history for total U.S. intermodal volume, topping the previous record set last week, reaching 272,553 units, up 7.8% compared with the same week last year.
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