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Spot Market Truckload Rates Move Little from Last Week

While the number of spot market loads on the DAT network of load boards fell last week along with truck posts, rates changed little.

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Good Numbers for Manufacturing, New Home Sales

A first look at the nation’s manufacturing for this month shows business conditions improved just a little from the previous month, remaining strong, while a separate report showed that although new homes sales fell last month, they posted a double-digit gain compared to a year ago.

Truck Tonnage Index Shows Robust Growth in April

The April Truck Tonnage Index rebounded from a dip in March, indicating a robust freight environment, according to the American Trucking Associations.

Truckload Linehaul, Intermodal Rates Hover Near Record Highs

The Cass Truckload Linehaul Index continued the acceleration that began in 2017 by posting a record 8.2% year-over-year increase, with the measure hitting a reading of 134.8.

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.

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.