Demand continues to exceed capacity, as DAT barometers still point to strong growth

Demand continues to exceed capacity, as DAT barometers still point to strong growth

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.

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Today's Pickup: Tesla stocks dip over profitability concerns and Model 3 cancellations

Today's Pickup: Tesla stocks dip over profitability concerns and Model 3 cancellations

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.

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Volvo Q2 sales exceed 100 billion kronor for the first time as sales figures rise up by 18% globally

Volvo Q2 sales exceed 100 billion kronor for the first time as sales figures rise up by 18% globally

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.

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When oil prices rise, it's supposed to hurt the economy. But it isn't that simple anymore

When oil prices rise, it's supposed to hurt the economy. But it isn't that simple anymore

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.

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More revenue per mile boosts J.B. Hunt earnings despite fewer trucks running in fleet

More revenue per mile boosts J.B. Hunt earnings despite fewer trucks running in fleet

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.

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Tariffs not enough to derail trucking economy

Tariffs not enough to derail trucking economy

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.

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Producer price data shows surging trucking, transportation rates

Producer price data shows surging trucking, transportation rates

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.

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Trucking hires continue to improve as job growth in the economy remains strong

Trucking hires continue to improve as job growth in the economy remains strong

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.

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Survey data highlights strong economy, freight challenges

Survey data highlights strong economy, freight challenges

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.

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Why are the Indian truckers angry?

Why are the Indian truckers angry?

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.

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July Economic Roundup: Tariffs take center stage

July Economic Roundup: Tariffs take center stage

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.

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Working with regulations to get the most from, and for, your drivers

Working with regulations to get the most from, and for, your drivers

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

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Goods trade deficit narrows again as export growth outstrips gains in imports

Goods trade deficit narrows again as export growth outstrips gains in imports

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.

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