Archive for the ‘Featured’ Category

Airlines respond to tropical storm Harvey relief efforts

The air cargo industry is responding to tropical storm Harvey which has ripped through the Texas Gulf Coast with record rainfall, causing extensive flooding. Rapid response aviation charity Airlink, partnering with 35 airlines and 60 non-governmental relief organisations, said: “Airlink’s humanitarian partners from across the US are responding to the need for rescue, shelter, food, […]

U.S. Second-Quarter Growth Revised to 3% in Momentum Boost

U.S. second-quarter growth was revised upward to the fastest pace in two years on stronger household spending and a bigger gain in business investment, putting the economy on a stronger track, Commerce Department data showed Wednesday.

U.S. Consumer Confidence Increased in August

A measure of U.S. consumer confidence rose in August to the second highest reading since late 2000, a positive sign for growth in consumption in the coming months. The Conference Board on Tuesday said its index of U.S. consumer confidence rose to 122.9 in August from a revised July figure of 120. (This article requires […]

U.S. private sector added most workers in five months in August: ADP

U.S. private-sector employers hired 237,000 workers in August for the biggest monthly increase in five months, beating economists’ expectations, a report by a payrolls processor showed on Wednesday. Economists surveyed by Reuters had forecast the ADP National Employment Report would show a gain of 183,000 jobs.

China hints at more government spending to shore up economic growth

China will be “more proactive and effective” in implementing a pro-growth fiscal policy, the country’s two powerful economic ministers said, sending a strong signal that Beijing will loosen its purse strings to offset the impact on growth from its financial crackdown.

AAR Reports Weekly Rail Traffic for the Week Ending August 26 2017

The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending August 26, 2017. For this week, total U.S. weekly rail traffic was 551,776 carloads and intermodal units, up 2.3 percent compared with the same week last year. Total carloads for the week ending August 26 were 272,153 carloads, up 1 […]

Road signs point to trucking price hikes ahead for US shippers

The freight-generating parts of the US economy gained speed this summer during a typically soft period for freight demand, pushing up shipment volumes and spot truck and intermodal rates. The atypically robust start to the third quarter in July spilled over into August, especially in the North American truckload and domestic intermodal spot markets. (This […]

Trailer orders expected to lag as summer ends

While trailer orders declined month-over-month July, according to the latest data, and are expected to keep dropping in August, the year-over-year trend is far stronger – with orders expected to pick back up starting in September.

Joint US-Mexican rail facility to speed trains at Laredo

As US, Mexican and Canadian negotiators clash over the future of the North American Free Trade Agreement, trucking companies, railroads and logistics providers are expanding facilities in Laredo, Texas, to combat congestion, equipment imbalances, and expedite shipments and vehicles at the border. (This article requires a subscription to the Journal of Commerce. To subscribe, please […]

Americas Cargo Monthly: Airfreight demand continues to soar at US carriers

US airlines continued to see air cargo traffic increase at double-digit percentage levels in July, with improvements recorded at American, Delta and United. United, the largest freight carrier of the three airlines, saw demand increase by 17.1% year on year during the month to reach 279m cargo ton miles (CTM).