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Economic Watch: Leading Indicators Post 6th Straight Gain, E-Commerce Up

A measure of where the economy is headed turned positive for the sixth consecutive month, according to a new report, as a separate one showed another big gain in e-commerce retail sales.

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Economic Watch: Industrial Production Strong; Home Building, Retail Lose Steam

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.

Earnings Watch: C.H Robinson Worldwide, Saia Profits Move Higher

One of the nation’s largest third-party logistics providers, C.H. Robinson grew its first quarter profit and revenue by double digits – and less-than-truckload carrier Saia reported growth by larger margins.

Economic Watch: Consumers Stay Upbeat as Retail, Wholesale Prices Barely Change

A newly released report showed consumer sentiment this month remained at the same level it was a month earlier but it’s still high, while separate reports indicated inflation remains rather tame.

Five Factors Driving Trucking Economic Trends

Mixed economic signs aside, trucking will remain strong for the remainder of the year, FTR economist Eric Starks told attendees at HDT's Heavy Duty Trucking Exchange event in Scottsdale, Arizona.

For-Hire Freight Shipments Hit Another Record High Level

The amount of freight carried by the nation’s for-hire transportation industry increased in March from the month before, according to new Transportation Department figures, rising for the second consecutive month to reach an all-time high.

Energy Department Raises Diesel, Gasoline Price Forecasts

Expected prices for trucking’s primary fuel as well as for gasoline have been revised higher, due largely to anticipated higher prices for crude oil, according to a new Energy Department report.

Economic Watch: Unemployment Lowest Since 2000, Factory Activity Mixed

Unemployment in the U.S. hit a post Great Recession landmark, according to figures released Friday, while a separate report showed increased factory orders but declining capital investment for new factory equipment.

Analysis: Rising Interest Rates Got You Down?

Barring the U.S economy suddenly slamming on the brakes — and you would be hard-pressed to find any economist or analyst worth their salt who would make such a prediction — interest rates are going to continue to move higher. Analysis by Business Contributing Editor Evan Lockridge.

Earnings Watch: XPO Logistics Profit Sets 1st Quarter Record

Trucking and logistics provider XPO Logistics Inc. reported records for first quarter profit and revenue due to increasing e-commerce business.