US Economy News

US Economy News

News & Analysis

24 Apr 2015
Large, diversified truckload carriers found detours around the "soft patch" in the U.S. economy during the first quarter, with most increasing revenue and profit. A lack of drivers may have held back some companies.
22 Apr 2015
The Cass Truckload Linehaul Index rose 5.1 percent year-over-year in March and climbed 2.3 percent from February, a sign of healthy freight demand at the end of the first quarter.
21 Apr 2015
The number of job openings for transportation, warehouse and utility workers rose sharply from a year ago in February, as a milder winter created more opportunities in logistics businesses.
21 Apr 2015
Truck tonnage increased in March after a February fall, riding a wave of stronger consumer confidence, retail sales and U.S. imports.
17 Apr 2015
U.S. diesel prices have fallen to a low not seen since Avatar raked in hundreds of millions of dollar at movie theaters across the country.
Portland cranes
17 Apr 2015
The most damaging aspect of the exodus of two major container lines from the Port of Portland, Oregon, last month was the loss of more than 650 trade and transportation jobs in Oregon, the port’s executive director says.
14 Apr 2015
The pace of truck rate increases could slow this year, if manufacturing continues to grow slowly and low energy prices deter capital investment, Wall Street analysts said. However, they see a storm coming in 2016-17.
Lululemon store
06 Apr 2015
Shipment delays through U.S. West Coast ports, compounded by severe late winter weather, cost some retailers sales in recent months, but they believe the worst is over and say inventory levels are returning to normal.
02 Apr 2015
A rising U.S. dollar — while reflecting the renewed strength of the U.S. economy — is weighing down the nation’s exports and exacerbating the West Coast port congestion pain inflicted on exporters.
01 Apr 2015
The truck driver shortage in the U.S. apparently is becoming "more pervasive" despite higher pay and retention efforts by for-hire trucking companies, data released by the American Trucking Associations suggests.