The rate of layoffs in the U.S. stuck near a 49-year low in early May, just more proof that an ultratight labor market shows no sign of softening. Initial jobless claims were unchanged at 211,000 in the week ended May 5, the government said Thursday. Economists surveyed by MarketWatch had forecast a 215,000 reading. The […]
China likely will offer to import more U.S. goods during negotiations in Washington next week as the two sides see one of the best ways to avert an all-out trade war is for Beijing to buy American. (This article requires a subscription to the Wall Street Journal. To subscribe, please click on the above link.)
Among the research projects currently on the front burner at the American Transportation Research Institute is an effort to determine if “we can identify younger drivers with the same characteristics as safe, older drivers,” advised Dan Murray, vice president of ATRI, in his keynote speech at the National Private Truck Council’s annual meeting here on […]
If you see prices creeping higher for everything from cereal to socks in the next few months, you can probably blame this stark reality: There aren’t enough truck drivers delivering the goods to stores. A severe shortage of truckers is pushing up freight costs and, in turn, nudging up retail prices. And it’s occasionally leading […]
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending April 28, 2018, as well as volumes for April 2018. U.S. railroads originated 1,051,026 carloads in April 2018, up 3.3 percent, or 34,020 carloads, from April 2017. U.S. railroads also originated 1,099,000 containers and trailers in April 2018, up 6.8 […]
Total intermodal volume climbed 7.2 percent in first-quarter 2018 compared to the same period a year ago, marking the strongest gain since second-quarter 2014, the Intermodal Association of North America (IANA) announced yesterday. Domestic containers in Q1 2018 rose 6.2 percent, international intermodal volume increased 7 percent and trailers soared 14.5 percent, according to IANA’s […]
Air cargo growth slipped to its lowest level in 22 months in March, with IATA citing the end of an inventory re-stocking cycle as the main reason for the slowdown. The latest figures from IATA show that air cargo traffic in freight tonne km (FTK) terms increased by 1.7% in March, while capacity increased by […]
The e-commerce boom in the United States has already irrevocably changed the traditional dynamics between supply chain members, but we are still far from seeing how these dynamics will re-form – if ever – after the dust settles, according to an in-depth report released last week from third party logistics (3PL) research organization Armstrong & […]
Overall economic activity in the U.S. cooled slightly in the first quarter of the year as consumer spending eased, but the performance was better than analysts were expecting. The gross domestic product (GDP) increased at an annual rate of 2.3%, according to the first of three estimates from the Commerce Department. This compares to a […]
Year-over-year inflation hit the Federal Reserve’s 2% target for the first time in over a year in March, a sign of strengthening U.S. inflation pressures that could encourage the Fed to continue lifting interest rates this year. (This article requires a subscription to the Wall Street Journal. To subscribe, please click on the above link.)
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