US Economy News

US Economy News

Commentary

President Obama is right to recognize the need for new trade promotion authority and other resources to promote more exports. But he and Congress should not overlook some simple steps that would also help to remove obstacles that currently keep America’s Foreign-Trade Zones — a shining exception to the sluggishness of the overall export economy — from doing even better.

News & Analysis

14 Jul 2014
A stronger U.S. industrial economy and surging imports are helping trucking companies hire more workers, despite continued reports of a driver shortage.
Translucent varieties of DuPont’s Corian® solid surface material.
13 Jul 2014
The top 10 companies among JOC’s Top 100 exporters were responsible for exporting 1,454,700 TEUs in 2013.
Stacks of money
26 Jun 2014
A West Coast port strike by the International Longshore and Warehouse Union would have a multibillion-dollar impact on a still-shaky U.S. economy, according to a study commissioned by retailers and manufacturers.
LTL shipment at warehouse
24 Jun 2014
Freight is flowing more quickly through LTL terminals nationwide — a sign, carriers hope, of a steadier economic recovery.
20 May 2014
U.S. shippers haven’t been this optimistic about volume growth in the coming 12 months since The Hurt Locker won the Academy Award for Best Picture and an Icelandic volcano disrupted flights to and from Europe.
National Industrial Transportation League President and CEO Bruce Carlton
19 May 2014
For the first time since the 2008-09 Great Recession, shippers have a “small smile on their faces” when it comes to the economy, National Industrial Transportation League President and CEO Bruce Carlton said. Their increasing optimism in the economy, however, doesn’t quell their concerns over a myriad of other issues, from tightening capacity to infrastructure investment. Carlton recently spoke with JOC senior editors William B. Cassidy and Mark Szakonyi about the expectations NITL members have for the coming months.
07 May 2014
With a cautious eye on the West Coast longshore contract negotiations that will begin on May 12, U.S. retailers expect containerized imports in May to increase 3.5 percent over May 2013, with year-over-year growth tapering through September.
14 Apr 2014
TUCSON, Ariz. — Booming U.S. oil and natural gas production is “one of the most underappreciated megatrends,” a senior equity research analyst told the Transportation Intermediaries Association conference here.
U.S. containerized exports through February 2014. Source: PIERS, the Data Division of JOC Group Inc.
07 Apr 2014
U.S. containerized exports tumbled 9.0 percent year-over-year in February to 923,493 TEUs, the lowest monthly volume in 32 months, according to preliminary figures from PIERS, the Data Division of JOC Group. This 9.0 percent drop was also the steepest year-over-year decline since August 2009.
02 Apr 2014
FTR Associates’ Trucking Conditions Index for February, published in the April issue of Trucking Update, fell to a reading of 7.54, down slightly from the previous month...