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Why have local delivery jobs stalled while nonstore retail keeps growing? This column from FTR's Avery Vise breaks down the surprising disconnect and what it reveals about e-commerce and labor trends.
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You might recall reports that preliminary figures for payroll employment and retail sales were weak in December. FTR's Avery Vise takes a closer look at those numbers and comes up with a different conclusion.
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The inventories-to-sales ratio traditionally has been a key indicator for assessing near-term transportation demand. Right now they're very lean, which usually is good news for trucking – but there's a catch.
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According to FTR’s projections for its Trucking Conditions Index, a combination of drastic declines in freight volumes, utilization, and rates due to the COVID-19 pandemic could lead to the worst overall trucking conditions on record during the second quarter of this year.
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Used Class 8 same dealers sales were down 10% in June and prices remained essentially flat, but this used truck dealers say that at current levels, sales and prices are still strong, according to ACT Research.
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The first few months of 2019 showed many inconsistencies in economic data, varying wildly from month to month. Is our economy really this inconsistent or is there another reason for the variation?
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Rising overall retail sales — both e-commerce and traditional — and the pressure to deliver products more quickly has led to more truckload and LTL delivery points, not fewer, resulting in greater pressure on capacity.
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Industrial production rose again in April for the third consecutive month, according to Federal Reserve figures issued Wednesday, while separate reports show a decline in new home sales and a smaller gain in retail sales.
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The latest numbers about the health of the U.S. economy showed continued growth when it comes to industrial production, housing starts, and retail sales, indicating increasing energy for the first part of the second quarter.
Read More →While consumer prices declined for the first time in 10 months during March, there is increasing evidence that inflation is picking up at both the retail and wholesale levels.
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