US Economy News

US Economy News

News & Analysis

01 Jul 2015
U.S. exports of cotton (not carded or combed) by dollar value tumbled 20.6 percent year-over-year in the first quarter of 2015, the tenth consecutive quarterly decline. The trade outlook for 2015 looks disappointing, mostly because of a global glut of the fiber and weakening demand from China, the top-. Cotton exports by dollar value are forecast to decline 1.6 percent for an annual total of $4.3 billion with downside risks, following a decline of 21.4 percent in 2014.
30 Jun 2015
U.S. exports are predicted to fall for a second straight year.
30 Jun 2015
The value of the goods shipped between the U.S. and Canada dropped 12.5 percent in April, thanks to low oil prices, a strong U.S. dollar and a shrinking Canadian economy.
26 Jun 2015
Truckload and less-than-truckload pricing expected to rise more quickly than freight volumes, as carriers seek to counter rising operating costs and shippers look to secure capacity.
26 Jun 2015
Trucking executives plan to invest more capital in trucks and to hire more workers over the next 12 months, a sign of their confidence in the economy and good news for shippers concerned about the availability of truck capacity in the year ahead.
23 Jun 2015
Truck tonnage in the U.S. rose 1.1 percent in May after dropping 1.4 percent in April, but large inventories and slow-paced manufacturing growth are limiting freight demand.
16 Jun 2015
US freight shipments rose for the fourth straight month, sequentially, in May, though year-over-year comparisons are tough, according to the Cass Freight Index. Imports are keeping trailers filled as low fuel prices blunt the rise of shipping costs.
12 Jun 2015
The industrial real estate market is tight, causing rents and land prices to increase, which will eventually lead to higher costs for users as the market reaches saturation.
11 Jun 2015
When it came to influencing the flow of U.S. maritime container traffic, West Coast longshoremen owned 2014 (and the first two months of 2015). The standoff with waterfront employers crippled West Coast container traffic and sent surges of volume through Canadian and U.S. East and Gulf Coast ports.
11 Jun 2015
The U.S. economy is soft, truck capacity is more readily available, but contract truck rates are headed up, not down as one might expect. That’s because truck capacity is about to get much tighter, driving up truck utilization, transportation economist Noël Perry said.