Economy Watch

Trucking companies and freight shippers shouldn't expect a "rally" or "retreat" but a very slow rebound.

A new white paper commissioned by the Van Horne Institute and completed by JOC outlines how Canada can build on its success in creating inland ports.

IHS economist: the volume of containerized U.S. imports will grow at a slower pace than expected in 2016.

The U.S. economy created 255,000 jobs in July, a higher number than expected and although trucking employment has declined since 2015, it is still slightly above its pre-recession peak.
Does an uptick in trucking jobs indicate the trucking market is stabilizing?

The slight year-over-year drop in quarterly revenue was the first for ODFL since 2009.

Although international intermodal volume at Canadian National Railroad fell in the second quarter, its domestic intermodal business was up.
The railway, Canada’s largest, said that traffic figures took a hit from weakened demand, but business was also curbed by challenges at Port Metro Vancouver.

TransForce's package division increased sales 6 percent, but its trucking business struggled in the second quarter.

Like competitor Swift Transportation, Werner is reducing its fleet capacity.
The fifth-largest U.S. truckload carrier is cutting some shippers loose as they seek deep rate cuts in a soft market.

High inventories continue to drag on demand for trucking and transportation services.
Tonnage drops in June despite other improving indicators for trucking.

Indian exports, such as this handcrafted jute weaving, are rebounding after a slide that lasted more than year.
Indian exports are rebounding from a slide that lasted more than year.