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Economic activity in the manufacturing sector expanded in June for the 13th consecutive month, and the overall economy grew for the 61st consecutive month, according to the Institute for Supply Management.
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As negotiations continue for a new contract agreement covering 13,600 dockworkers at 30 ports stretching from San Diego, Calif., to Bellingham, Wash., a new shows the U.S. economy could lose as much as $2.5 billion a day if a prolonged West Coast port shutdown occurs.
Read More →This was the highest week in history for total U.S. intermodal volume, topping the previous record set last week, reaching 272,553 units, up 7.8% compared with the same week last year.
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Two of five transportation modes, pipeline and trucks, carried more U.S.-North American Free Trade Agreement trade in April 2014 than in April 2013 as the value rose to $100.1 billion, according new U.S. Transportation Department figures.
Read More →UPDATED -- The U.S. economy shrank at its steepest rate in the first quarter of the year since first quarter of 2009, amid the Great Recession, according to a new estimate from the Commerce Department.
Read More →The Association of American Railroads reported increased U.S. rail traffic for the week ending June 14, with 295,132 total carloads, up 2.2% compared with the same week last year. This was the highest week in history for total U.S. intermodal volume, reaching 270,243 units.
Read More →A measure of the health of the nation’s economy shows it has increased again, while concerns linger by the Federal Reserve about economic growth for the remainder of the year.
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Compared to the same time last year, truckload linehaul costs in May averaged 5.8% higher, an increase that is consistent with those of 5.7% in April and 6% in March, according to the latest Cass Truckload Linehaul Index.
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This is going to be a banner year for the logistics industry, says Rosalyn Wilson in the 25th Annual State of Logistics Report. The economy last year was not stellar and business inventories plummeted in the first period this year as a consequence of bad weather, but freight is gaining now, Wilson says in a Tuesday presentation at the National Press Club.
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The American Trucking Associations' advanced seasonally adjusted For-Hire Truck Tonnage Index increased 1% in May and saw its second largest year-over-year increase in 2014 thus far.
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