Freight movements across the United States are showing signs of sustained growth for the first time in 18 months, which should support increases in diesel consumption in 2017. Freight volumes hit a record in July, passing the previous peak set back in December 2014, according to the U.S. Bureau of Transportation Statistics
U.S. single-family home prices rose slightly less than expected on an annual basis in July, and the year-over-year gain was smaller than in the prior month, a survey showed on Tuesday. The S&P CoreLogic Case-Shiller composite index of 20 metropolitan areas rose 5 percent in July on a year-over-year basis, retreating from the 5.1 percent […]
September U.S. auto sales are forecast to drop nearly 1% from a year ago, despite a record high for consumer discounts, J.D. Power and LMC Automotive said on Monday.
The economic impacts of the Hanjin Shipping bankruptcy are unclear, but seeing as how an 8-day strike in California ports skewed economic data for months and that Hanjin handled 8% of US Pacific trade, we’re guessing there will be some economic effect.
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending September 17, 2016. For this week, total U.S. weekly rail traffic was 537,904 carloads and intermodal units, down 5.1 percent compared with the same week last year.
U.S. single-family home prices rose slightly less than expected on an annual basis in July, and the year-over-year gain was smaller than in the prior month, a survey showed on Tuesday.
Trucking and all other transportation modes except rail carried less cross-border freight by value in July compared to a year earlier, according to new U.S. Transportation Department figures.
With macroeconomic indicators as mixed as they have been in several quarters, data issued this week by the American Trucking Associations pointed to truck tonnage volumes pointing up in August. Seasonally-adjusted (SA) for-hire truck tonnage in August at 141.8 (2000=100) was up 5.7 percent over July, which was down 2.1 percent compared to June.
China’s main ports booked strong year-over-year growth in container throughput in August, fueling speculation of a possible trade recovery for the second half of the year in the world’s second-largest economy. (This article requires registration at the Journal of Commerce. To access, please click on the above link.)
More than half of the trucking companies questioned in a recent survey said they are already 100 percent compliant with an electronic logging mandate that takes effect December 2017. However, nearly 25 percent of those motor carriers, mostly smaller trucking companies, said they have no “immediate plants” to begin implementation of electronic logging devices. (This […]
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