Economy Watch

The global economy is the single biggest factor in driving international trade. More than at any time in history, the U.S. economic outlook and growth is linked directly to China’s economic performance and, especially in the current environment, the economy in Europe. Among the key economic indicators critical in determining the course of international trade are retail sales, housing reports, employment reports, consumer sentiment and manufacturing.

News & Analysis

Stacks of money
26 Jun 2014
A West Coast port strike by the International Longshore and Warehouse Union would have a multibillion-dollar impact on a still-shaky U.S. economy, according to a study commissioned by retailers and manufacturers.
14 Apr 2014
TUCSON, Ariz. — Booming U.S. oil and natural gas production is “one of the most underappreciated megatrends,” a senior equity research analyst told the Transportation Intermediaries Association conference here.
U.S. containerized exports through February 2014. Source: PIERS, the Data Division of JOC Group Inc.
07 Apr 2014
U.S. containerized exports tumbled 9.0 percent year-over-year in February to 923,493 TEUs, the lowest monthly volume in 32 months, according to preliminary figures from PIERS, the Data Division of JOC Group. This 9.0 percent drop was also the steepest year-over-year decline since August 2009.
02 Apr 2014
FTR Associates’ Trucking Conditions Index for February, published in the April issue of Trucking Update, fell to a reading of 7.54, down slightly from the previous month...
01 Apr 2014
Transportation writer Greg Knowler joined the JOC today as senior editor for Asia.
21 Mar 2014
Actual reported instances of cargo theft declined from 2011 through 2013, but “cyber” cargo crime based on company identity theft and Internet fraud is on the rise, CargoNet’s Keith Lewis warns.
19 Mar 2014
Japan’s trade surplus with the U.S. narrowed for the first time in 14 months in February on a year-over-year basis, as imports grew at a much faster pace than exports...
U.S. containerized exports through January 2014. Source: PIERS, the Data Division of JOC Group Inc.
17 Mar 2014
U.S. containerized exports slipped 1.2 percent year-over-year in January to 958,708 TEUs...
13 Mar 2014
India’s exports shrank for the first time in eight months in February on a year-over-year basis...
U.S. containerized imports through February 2014. Source: PIERS
13 Mar 2014
U.S. containerized import volume fell 7.2 percent year-over-year in February 2014, according to advance figures from PIERS, the data division of JOC Group Inc.
Shoes
12 Mar 2014
Rising labor costs and a shortage of workers in coastal China are two of the most serious problems footwear producers in that country face...

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Commentary

Accelerating freight growth is raising questions about capacity at North American ports, the truckload market and other troublesome bottlenecks.

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