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Shipments fell 0.4% in January from the month before, it’s third straight decline, after dropping 1.8% in December. Shipments of machinery led the decline, falling 2.6%.
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Trucking increased its dominance over other transportation modes in December when it comes to hauling freight between the U.S. and its North American Free Trade Agreement partners, Canada and Mexico.
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Following several recent less than encouraging recent economic reports one was issued Wednesday showing things are high stepping in at least one segment.
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A measure of how consumers feel about the economy fell this month after increasing in January, according to the data from the private research group The Conference Board.
Read More →The value of new construction starts fell 13% in January to a seasonally adjusted annual rate of $485 billion, according to new figures released by industry data provider McGraw Hill Constructio
Read More →Existing-home sales fell in January to the lowest level in a year-and-a-half, but ongoing inventory shortages continue to lift prices in much of the U.S., according to a report released on Friday by the National Association of Realtors.
Read More →UPDATED -- U.S. manufacturing has hit is highest level in nearly four years, according to a report released Thursday
Read More →Housing starts in the U.S. fell 16% last month while the number of permits issued for new construction declined for the third straight month, according to the U.S. Commerce Department.
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Like many other parts of the American economy, trucking felt negative effects in January due to extremely cold weather, snow and ice, according to just released figures.
Read More →One of the biggest drivers of the U.S. economy as well as trucking freight is expected to outperform last year’s activity.
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