US Economy News


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.

News & Analysis

18 Oct 2016
US shippers may be concerned about trucking rate hikes in 2017 and 2018, but pricing power isn't likely to slip away from them soon.
14 Oct 2016
Falling revenue per tractor and higher equipment and insurance costs will narrow Covenant Transport's third-quarter profits, and the truckload carrier won't be alone.
07 Oct 2016
After two months of job creation, trucking employment numbers dropped in September, another indication of slow freight demand and excess truckload capacity.
05 Oct 2016
Truckload rates have been declining year-over-year for six months, according to one measure, as US shippers hobbled by a slow economy demand transportation savings.
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.
The U.S. economy created 255,000 jobs in July, a higher number than expected and although trucking employment has declined since 2015, it is still slightly above its pre-recession peak.
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.