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Freight shipments declined slightly in May as the economy displayed more signs of slowdown, according to the Cass Freight Index for the month. Freight spending was almost unchanged as well, posting a meager 1.7 percent increase over the previous month
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Economist Noel Perry is optimistic about the near-term economic outlook. The current pause in activity falls within normal margins for a recovery and probably is not a sign of a double-dip recession, he said last week. But underlying problems in the housing market and the difficulty of resolving the U.S. debt crisis are causes for concern several years out, Perry said in a webinar hosted by FTR Associates, a leading transportation analysis group
Read More →The amount of freight carried by the for-hire transportation industry fell 1 percent in April from March, according to the U.S. Department of Transportation's Freight Transportation Services Index. The April decrease followed a rise in March
Read More →The American Trucking Associations' tonnage index fell 0.7 percent in April after gaining a revised 1.9 percent in March 2011, as durable goods orders slowed, but freight levels are predicted to continue moderate growth
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The latest gauge on the manufacturing sector showed that production contracted 0.5 percent in April, the first month-to-month decline since June 2009. However, total industrial production, which includes mining and utilities in addition to manufacturing, was unchanged during the month
Read More →New orders for manufactured durable goods in March increased $5 billion or 2.5 percent to $208.4 billion, according to the U.S. Census Bureau. This increase, up three consecutive months, followed a 0.7 percent February increase.
Read More →While rising fuel prices have caused some concern in the light-truck and car markets, they have yet to make a big impact on heavy- and medium-duty trucking, says Chris Visser, senior analyst with the ATD/NADA Official Commercial Truck Guide
Read More →FTR Associates' Shippers' Condition Index continues to decline, reflecting tightening capacity in the trucking sector
Read More →The amount of freight carried by the for-hire transportation industry declined 1.5 percent in February from January, falling after two consecutive monthly increases, according to the U.S. Department of Transportation's Freight Transportation Services Index
Read More →The Ceridian-UCLA Pulse of Commerce Index rose 2.7 percent on a seasonally and workday adjusted basis in March, more than offsetting the 0.3 percent decline in January and the 1.5 percent decline in February
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