Archive for the ‘CONSUMER GOODS’ Category

US West Coast congestion cost Washington $770 million, study says

Washington state suffered an economic impact of $769.5 million due to labor disruptions at West Coast ports this past year, according to one of the most detailed analyses of the impact of a labor disruption on U.S. business and industry. (This article requires registration at the Journal of Commerce. To access, please click on the […]

Beyond the Oil-Industry Bloodbath

Forced to reckon with a prolonged period of low energy prices, oil chiefs at the annual IHS CERAWeek energy gathering sought to portray themselves as steely survivors in an industry grappling with spending cuts and asset sales. (This article requires a subscription to the Wall Street Journal. To access, please click on the above link.)

Economic Watch: New Reports Raise Concerns About a Recession

A glimmer of hope that U.S. manufacturing was starting to rebound at the start of the year may have been quickly been dashed, leading to increasing concerns about the state of the overall economy, while separate reports show consumers don’t feel as good as they did last year, but they are still in the mood […]

AAR debuts latest version of ‘Freight Rail Works’ campaign

The Association of American Railroads (AAR) yesterday unveiled a new installment of its “Freight Rail Works” campaign, which highlights the role freight railroads play in the national economy. The 2016 campaign explains the amount of freight — from cars to consumer goods to large-scale industrial materials — moved every year for each American, according to […]

The sights at Secure Rail 2016

The second annual Secure Rail conference drew more than 100 people to Orlando, Fla., last week. Held Feb. 9-10 and organized by Progressive Railroading, the event addressed physical and cyber security in the North American rail industry. For a look inside the event, follow this link to view a slideshow of conference highlights.

High inventories, weak manufacturing spark fears of freight recession

Mentions of a recession-like environment from top transportation executives and lackluster growth in domestic and international freight volumes are sparking fears that a U.S. freight recession is upon us that could be a harbinger of something even worse: an outright economic recession. (This article requires registration at the Journal of Commerce. To access, please click […]

US business stockpiles rise in December, but sales fall

U.S. businesses boosted their stockpiles slightly in December, as sales dropped sharply. This combination has stoked anxieties about weakening economic growth, as sales over the entire year dropped for the first time since the Great Recession.