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UPDATED -- Consumer prices increased as the slowest pace in five months during July, increasing just 0.1% from the month before, according to the U.S. Commerce Department.
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Builder confidence in the market for newly built, single-family homes rose two points to 55, according to the National Association of Home Builders/Wells Fargo Housing Market Index for August, released Monday.
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Industrial production in the U.S. increased 0.4% in July for its sixth consecutive monthly gain, according to new Federal Reserve numbers, due in large part to a big increase in activity within the auto sector.
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The U.S. Transportation Department’s Freight Transportation Services Index declined 0.9% in June from May, falling after four consecutive monthly increases, according to numbers released Wednesday.
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The freight logistics sector slowed in July, following a seasonal trend, with both freight shipments and freight payments down 3.9% from the previous month, according to the latest Cass Freight Index.
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FTR’s Trucking Conditions Index showed some positive movement in June after moderating slightly during the prior two months.
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Truckload freight availability remained elevated in July compared to previous years despite a seasonal dip, according to the DAT North American Freight Index released Friday.
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First time jobless claims over the last month in the U.S. fell to its lowest level since February 2006, well before the Great Recession.
Read More →UPDATED -- Shipments increased 0.5% from the month before following a May drop of 1%, hitting its highest level on record.
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International containers increased 9.6%, trailers improved by 4.3%, and domestic containers grew 7.6% quarter-over-quarter, all indications that the intermodal industry is recovering from a harsh winter and a contracted economy.
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