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

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.
07 Feb 2014
Shippers must work with their partners to fix supply chain faults revealed by winter storms, or face more near-term rate hikes and equipment shortages, a logistics executive warns.
ODFL truck
07 Feb 2014
With a 22 percent leap in profit in 2013, Old Dominion Freight Line will continue its long-term expansion, building out its network to handle increased volumes of freight in 2014.
06 Feb 2014
The frigid winds of January, which brought snow, ice and unusually cold temperatures to a large swathe of the United States, could have a longer lasting chilling effect on the economy and overshadow the first quarter.
Bob Costello, chief economist for the American Trucking Associations
05 Feb 2014
Truck shipments, which have grown much more slowly than tonnage in recent years, should pick up in 2014, rising 2.3 and 2.7 percent, according to ATA's chief economist.
Person with snow shovel
04 Feb 2014
Widespread severe winter storms and colder than typical weather are slowing deliveries and cutting into manufacturing activity — but a thaw is coming, eventually.
03 Feb 2014
South Korea’s economy is expected for perform better this year as export demand picks up.
Containers in a terminal
03 Feb 2014
Improved economic stability in key markets appears certain to benefit major exporting economies in Asia, as well as ocean carriers, rail operators and airlines that ship their goods.
29 Jan 2014
Japanese export volumes could finally surge this year after a disappointing 2013 as manufacturers start to reflect the de
24 Jan 2014
Last year may not have been a boom year for the U.S. economy in general, but in terms of truck tonnage, 2013 was anything but a bust.
23 Jan 2014
Despite the noise from winter storms, holiday backlogs and an early Chinese New Year, there are signs that higher manufacturing activity is boosting freight demand and transport revenue, speakers say at SMC3's JumpStart 2014 conference.

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Commentary

NEW DELHI, India—A yellow truck festooned with black tassels and hex symbols to ward off bad luck passed our van on the right as we jounced over the potholes that slowed us to a crawl on the road between Jaipur and Jodhpur. The truck was similar to many of the trucks I saw on a three-week road trip in the northern Indian states of Rajasthan and Uttar Pradesh this winter, except for one thing: It was carrying a 20-foot container, the only box I spotted in hundreds of miles of tortuous driving. The blue box bore the familiar APL logo.