With an increasing number of workers finding and keeping jobs, the positive momentum for freight transportation will likely carry forward.
US Economy News
US Economy News
News & Analysis
28 Aug 2015
Demand for transportation and warehouse workers remained strong in June, as the economy grew faster than expected. U.S. data show employers kept more of the workers they hired as well.
24 Aug 2015
U.S. retailers and manufacturers are slicing into inventories they built up during the West Coast port labor dispute, contributing to what's reported to be a softer third-quarter freight market. Stronger consumer spending may help shippers balance inventories as peak season demand picks up.
21 Aug 2015
U.S. West Coast congestion roiled retailer rollouts of spring product lines even after employers and longshoremen ended their showdown in late February, executives told investors during recent second-quarter earnings calls.
20 Aug 2015
After decades of moving operations overseas, executives at U.S. manufacturing and distribution firms say they’re coming home, or at least closer to home via Mexico.
12 Aug 2015
The surge in freight traffic that began in April dissipated in July, as shipments dropped 1.6 percent from June, the latest Cass Freight Index shows. That's a normal seasonal trend, Cass said, pointing out that volumes are still higher than in 2013 and the early economic recovery.
05 Aug 2015
Five straight quarters of economic growth, some hot and some not, translates to more trucks on the road. The JOC Truckload Capacity Index is up 7.4 percent year-over-year, thanks to freight demand, strong truck orders last year, higher shipping rates and driver pay. Carriers are becoming more adept at scaling capacity to adjust to demand and other market forces.
04 Aug 2015
U.S. scrap metal exports took a tumble in the first half of 2015 and are expected to fall even more by year’s end, as the strong U.S. dollar continues to weigh on all American exports.
15 Jul 2015
Refrigerated trucking company Marten Transport increased its profit while adding trucks in the second quarter, as dedicated revenue rose more than 60 percent.
13 Jul 2015
U.S. spot market truck freight volumes rose 9 percent in June from May, after declining 1.7 percent that month, according to DAT Solutions. That's another sign the U.S. economy is still growing.
09 Jul 2015
Net orders for Class 8 trucks in North America fell in June for the fourth consecutive month, but that’s no cause of concern, according to transportation research firm FTR.