A study by the American Transportation Research Institute (ATRI) shows traffic congestion in 2014 cost the U.S. trucking industry about $49.6 billion. The Arlington, Virginia research organization says congestion on American highways caused more than 728 million hours of lost productivity in 2014, which is the same 264,500 commercial truck drivers sitting idle for an […]
The price of diesel fuel rose last week for the second straight week, but uncertainty in the crude oil market could curb the increases, according to the latest numbers from the Energy Department.
Homebuilding in the U.S. slowed in March to its lowest level since October as the housing market searched for firm footing in the first quarter. Housing starts fell 8.8% from a month earlier to a seasonally adjusted annual rate of 1.089 million in March, the Commerce Department said Tuesday.
Consumer confidence unexpectedly fell in April to the weakest level in seven months as Americans were rattled by unsatisfying wage growth and concern over how the upcoming presidential election would impact the economy.
The changes currently happening in technology and automation are likely to change trucking as profoundly as the development of the Interstate Highway System, predicted Noel Perry Thursday in FTR’s monthly State of Freight webinar.
The U.S. food industry is forecast to grow at a steady compound annual growth rate of 2.9% through 2022, according to the just-released 2016 Food Packaging Trends and Advances report from PMMI, The Association for Packaging and Processing Technologies.
A California assemblyman is pulling the bill he authored which would have imposed a two-cents-per-ounce tax on sugary beverages. The bill’s withdrawal is a win for soda and sugary drink manufacturers. California is a state that often incites nutrition-related changes that eventually become more widespread across the country. If more California cities were to propose […]
An unexpected economic detour slammed the brakes on revenue growth at the largest U.S. trucking companies in 2015, sending many companies down the financial equivalent of a runaway truck ramp as inventories piled up, fuel surcharges dropped and freight demand slumped. (This article requires registration at the Journal of Commerce. To access, please click on […]
U.S. industrial production fell more than expected in March as manufacturing output dropped by the most in a year and mining maintained its downward trend, the latest indication that economic growth braked sharply in the first quarter.
China has ended a complicated incentive program that effectively subsidized its exports, a year after the U.S. filed a challenge with the World Trade Organization, officials said. (This article requires a subscription to the Wall Street Journal. To access, please click on the above link.)
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