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Spot Truckload Rates Poised to Set Records in June

Spot truckload rates on the DAT Solutions network of load boards rose again for the week ending June 16 and are on track to achieve the highest ever monthly average for van, refrigerated, and flatbed freight.

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Earnings Watch: FedEx Quarterly Profit Tops $1 Billion Mark Again

Quarterly profit for parcel delivery and trucking company FedEx Corp., topped $1 billion once again.

May ATA Truck Tonnage Index Still Shows Strong Freight Market

The May Truck Tonnage Index increased slightly from the previous month and still reflects one of the best freight markets ever, according to American Trucking Associations.

Analysis: What Higher Fuel Prices Mean for Trucking

Trucking is enjoying some of the best business conditions in years, but could rising fuel prices curtail the good times? Analysis by Business Contributing Editor Evan Lockridge

Earnings Watch: Navistar Reports Quarterly Profit of $55 Million

Navistar International Corp. on June 5 announced it turned around its financial picture in the second quarter of the year, with net income of $55 million compared to a second quarter 2017 net loss of $80 million.

Economic Watch: Unemployment Hits New Low; Manufacturing, Construction Up

The U.S. unemployment rate in May hit its lowest level since 2000, while other reports showed increased movement in the nation’s manufacturing sector and spending on construction hit a record high.

Analysis: Expect More of the Same From the Economy

With tax reform enacted, so far GDP has only grown at 2.3% annual rate in the first quarter of 2018, slightly down from the end of 2017. We were hoping for a boost in growth, but so far that hasn't happened. Analysis by Business Contributing Editor Evan Lockridge.

Spot Rates Post Slight Gains Over Previous Week

National average spot market truckload rates moved slightly higher on the DAT Solutions network of load boards last week as both the number of posted loads and trucks also rose, amid signs of tighter capacity.

Economic Watch: GDP Revised Lower; Consumer Confidence, Employment Strong

The widest measure of U.S. economic growth was revised lower on Wednesday, according to newly released figures, while separate reports showed consumer feelings remain good and employers continue adding jobs.

Economic Watch: Business Investment, Consumer Sentiment Strong as Home Sales Slip

Orders for long-lasting durable goods fell in April, but a closely watched proxy of business investment moved higher. And although sales of existing homes declined, consumer sentiment remains strong.