High inventories impede GDP growth and depress freight demand, and often are seen as an omen of economic downturn and recession. Inventory-to-sales ratios “are approaching pre-recession levels, with retail, manufacturing and wholesale all trending in the wrong direction,” Deutsche Bank Markets Research said in a late-January report.
US Economy News
News & Analysis
20 Sep 2016
Seasonal adjustments may account, in part, for an unusually strong gain in truck tonnage in "difficult-to-read" August.
09 Sep 2016
Largest US truckload carrier sees increase in demand from contract customers, but rates still down 1 to 1.5 percent.
29 Aug 2016
Trucking companies and freight shippers shouldn't expect a "rally" or "retreat" but a very slow rebound.
08 Aug 2016
IHS economist: the volume of containerized U.S. imports will grow at a slower pace than expected in 2016.
05 Aug 2016
Does an uptick in trucking jobs indicate the trucking market is stabilizing?
28 Jul 2016
The slight year-over-year drop in quarterly revenue was the first for ODFL since 2009.
22 Jul 2016
The fifth-largest U.S. truckload carrier is cutting some shippers loose as they seek deep rate cuts in a soft market.
19 Jul 2016
Tonnage drops in June despite other improving indicators for trucking.
15 Jul 2016
Economic indicator shows no sign of inventory destocking in May.
12 Jul 2016
U.S. containerized imports should slightly rise over the second half of 2016.