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U.S. trade with its next-door neighbors totaled $101.5 billion in March 2014, the second highest amount on record, as four of five transportation modes carried more freight than the same time a year ago, according to new U.S. Transportation Department report.
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UPDATED: Shipments for these items designed to last three years or more fell 0.2% from March, following a 1.3% gain. The decline was led by a 1% drop in transportation shipments.
Read More →The increase in pier containers pushed fiscal year 2014 volumes up by 5.5% year-over-year. April's pier container volume represented a 12.3% increase over April 2013 and a 21.7% increase over April 2012.
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UPDATED -- Three newly released reports suggest the American economy may finally be shaking off the winter doldrums that brought business activity down in the first quarter, with expectations of improvements well into the year.
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The American Trucking Associations’ For-Hire Truck Tonnage Index increased 1.5% in April, after rising 0.6% the previous month, according to newly released figures. In April, the index equaled 129.1 versus 127.2 in March. The all-time high was in November 2013 at 131.
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Housing starts in the U.S. jumped again in April, while the number of new building permits issued hit it best level since 2008, according to the U.S. Commerce Department.
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UPDATED -- A new report shows consumer prices rising for the sixth straight month, with the Consumer Price Index increasing 0.3% in April from the month before, the biggest gain in 10 months.
Read More →Prices at the wholesale level surged in April, with the Producer Price Index showing a 0.6% increase from the month before and the largest gain since September 2012, according to the U.S. Labor Department.
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The amount of freight carried by the nation’s for-hire transportation industry rose 1.6% in March from February, rising for the second consecutive month, according to the U.S. Department of Transportation’s Freight Transportation Services Index.
Read More →Retail sales in the U.S. barely moved higher in April, increasing just 0.1% from the month before, according to new Commerce Department figures.
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