US Economy News

US Economy News

News & Analysis

25 Jan 2015
The U.S. average spot rate for a dry van truck on DAT load boards dropped below $2 per mile last week for the fist time since May, as a slower post-holiday freight season began.
24 Jan 2015
A dramatic drop in U.S. oil and fuel prices is proving a temporary salve for shippers pinched by rising transportation costs. The relief is only be temporary, analysts warn.
22 Jan 2015
Three straight quarters of stronger U.S.
truck in Utah
21 Jan 2015
More “solid” and steady U.S. economic growth will increase freight demand and boost shipping costs and domestic transportation rates in 2015, economists and analysts said at the SMC3 JumpStart 2015 conference in Atlanta.
15 Jan 2015
U.S. freight shipments and shipper transport spending both dropped from the previous month in December, but remained close to a post-recession high, according to the Cass Freight Index.
14 Jan 2015
For years, the U.S. Chamber of Commerce has been urging Congress and the White House to raise the federal fuels tax to help maintain and expand aging highways and bridges. For years, Congress and the White House have said no. It’s time to try and try again, the head of the largest U.S. business lobbying group said Jan. 14.
U.S. Chamber of Commerce President and CEO Thomas J. Donohue urges action on trade, technology, energy and infrastructure to create jobs, economic growth.
14 Jan 2015
The American business climate is “improving” and will continue to improve in 2015 as the U.S. economy grows at a faster pace, but it’s not time for a “victory lap,” U.S. Chamber of Commerce President and CEO Thomas J. Donohue said.
12 Jan 2015
Total Quality Logistics increased total revenue 31.3 percent in 2014 to $2.1 billion as the U.S. economy grew faster and shippers came up short on truck capacity.
09 Jan 2015
U.S. shippers are the most optimistic they have been in nearly three years about freight growth, but they are also bracing for the sharpest uptick in transportation costs, excluding fuel costs, since 2011, according to a recent survey.
07 Jan 2015
With a big wave of orders for new model trucks and strong U.S. economic growth, a scarcity of truck drivers is now the biggest check on trucking growth and any plans to add capacity.