Markets

After setting one record high after another in the early weeks of 2018, the weekly DAT Dry Van and Reefer Barometers have pulled back slightly before stabilizing in a strong growth range.

Tesla stocks fell by about 2.5% today after a Needham analyst raised concerns on the increased cancellations of Model 3 cars over different reasons like long waiting times, unavailability of base model and the expiration of the $7,500 credit.

Volvo’s Q2 had the company’s sales earnings climb past hundred billion Swedish kronor, buoyed by double digit growth figures around the world except Europe, where its market has stabilized and is at the point of saturation.

Recent increases in oil prices have revived some debate over the effect that oil has on the economy and freight markets. While evidence suggests that the recent increase has helped growth, there are some limits to the benefit that the market can gain from higher oil prices.

U.S. retail sales rose solidly in June, boosted by increases in purchases of motor vehicles and a range of other goods, cementing expectations for robust economic growth in the second quarter.

A revenue increase boosted earnings for J.B. Hunt Transport Services (NASDAQ: JBHT), as the carrier reported second-quarter net earnings of $151.7 million, or $1.37 per share, versus second-quarter 2017 net earnings of $97.9 million, or 88 cents per share.

While there is a lot of noise surrounding tariffs and potential trade wars, it probably isn’t enough to derail the economy and the red-hot freight environment.

Trump’s new tariffs are beginning to hit less like strategic targets, and more like an indiscriminate bombing campaign. For all the drama, what’s the end game?

Data on producer prices shows that overall inflation pressure continued to heat up in the economy, as gains in service prices helped to push up.  Trucking prices surged again in June, as part of an overall wave of rising transportation costs in the economy.

Job growth continued at an impressive pace in June, beating expectations for the second consecutive month.  Trucking hires also made significant strides during the month, but increased competition from within transportation and other competing industries will remain a challenge going forward.

Survey data in both the manufacturing and service sectors continued to point to strong economic growth at the end of the 2nd quarter. Details in the survey responses continue to suggest that high transportation costs, labor shortages, and tariff uncertainty remain significant issues in the economy.

The Indian trucking ecosystem now witnesses frequent strikes, as different economic reforms and the more recent rise in fuel prices are forcing a lot of carriers to accrue losses.

Freight conditions generally held solid during the month despite some softening in the manufacturing sector. With economic fundamentals largely in place, the focus has shifted to trade policy, where trade war escalations threaten domestic activity.

Understanding hours-of-service and ELD regulations and their exemptions can help fleets better manage driver's time.

The US trade deficit in goods narrowed for the third consecutive month in May as improved export performance outweighed a modest rise in imports during the month.

Arrive Logistics, one of the nation’s fastest growing brokerages with offices in both Austin, TX, and Chicago, has received a Series A round of funding led by Lead Edge Capital.

Sales of new single-family homes beat expectations in May as a surge of sales in the South helped offset softness in other areas of the country. This serves as a sign that construction activity should remain strong, though other downstream industries face challenges.

Think government regulations are just a drain on your finances? Think again. Today, savvy fleets are using government regulations such as the hours-of-service rules to their advantage -- but how?

The Supreme Court ruled in favor of allowing states to collect taxes on all sales made through online channels, helping large omnichannel retailers compete online for sales.

Truck tonnage rose for the second consecutive month in May, as improving economic conditions and gains in hiring have helped trucking performance.

The song of 2018 remains the same—and tariffs or no tariffs, it projects to remain so even as infrastructure on the rails and ports expand.

Penske Logistics has reached agreement in principle to acquire Epes Transport Systems, of Greensboro, NC. The deal, expected to be finalized in the next few weeks, will add over 1,200 units to Penske Logistics.

As of late yesterday the Canadian dollar volatility began trending poorly throughout the night and into today, and the short-lived support fell.

U.S. shale oil production is fast-growing, but pipeline bottlenecks at the Permian basin could mean that it can’t completely fill the gap being created by the drop in Venezuelan oil production.

Millennials are helping drive the current economic cycle, which is showing no sighs of slowing down.

The economy remains strong, and capacity tight, although buffeted by some headwinds.

Retail sales rose 0.8% in May, beating economist estimates of 0.4% and showing that economic growth still has some room to expand.

The value of commodity indexes has grown about twice as fast as equities indexes in 2018 so far, prompting a wave of capital expenditure in timber, mining, and oil extraction and keeping demand for truckload miles hot.

For the first half of the year thus far, coal exports are up nearly 24% over the same period last year.

The lumber markets have not cooled off since we last covered them in March: futures prices are still breaking records because of a Canadian rail capacity crunch, and flatbed rates in the Southeast are climbing right along with them.