More of the same. That was the consensus in a quick informal poll of listeners to FTR’s State of Freight webinar on Thursday when they were asked what the most likely outcome was for the U.S. economy in 2019.
Rail and truck demand a secondary casualty in trade dispute.
A surge in freight from Los Angeles has started to inflect the Dallas and Houston freight markets. Meanwhile, Harrisburg, PA’s strong headhaul score makes that Northeast market a diamond in the rough.
A decrease in coal volumes did not slow a revenue rise at BNSF Railway Company, which posted a 16% increase in operating revenues in the third quarter compared to Q3 2017.
The measure would have rolled back diesel fuel taxes from 36 to 16 cents a gallon.
Tuesdays may not be good days to be on the road; transport firms need to boost analytics usage to match what customers are doing.
Job growth rebounded in October after Hurricane Florence disrupted hiring activity in the previous month. Within the transportation and logistics industry, trucking payrolls expanded for the sixth consecutive month, though growth lagged behind the pace of hiring among parcel companies and warehouses.
SONAR’s OTVI.LAX is clearly indicating that the strength in the inbound loaded container flow out of the Long Beach/LA port is continuing and gathering momentum.
A monthly survey of all the important economic developments from the past month, and a look at some of the key trends to watch throughout the month of November.
The pipelines taking oil away from the Permian are at capacity, causing a buildup of WTI inventory at the Cushing, OK storage sites and depressing the price of WTI against Brent. Prices would be even lower if Venezuela and Iran weren’t causing further worries about global supply.
In a CarrierLists survey of fleets, most respondents expect rates and volumes to remain the same or improve in 2019.
FreightWaves discussed how the midterm elections impact the economy at large, and specifically how it pertains to freight. What are the implications to the economic indicators regardless of the winner?
The FreightWaves Research Institute is excited to announce the release of its second white paper, Global Freight Tickers, a worldwide study of publicly traded transportation and logistics companies
Drayage to be test bed as OTR market remains out of EV reach.
Surge in low-sulfur fuel use by ships could usher in two to three year period of uncertainty in refining industry.
Growth in the US economy slowed slightly in the third quarter of the year, but remains strong headed into the end of 2018 and consumers and inventory building carried the load.
While the index is still showing significant gains over last year, there clearly is a decline from recent highs.
SONAR’s Headhaul Index map and the HAUL.JOT Index are both showing that the return to growth in inbound loaded container flow first seen in the Long Beach/LA port is continuing and gathering momentum.
Continuing efforts to fight what he says are unfair trade practices, the administration of President Donald Trump announced the U.S. will pull out of the Universal Postal Union (UPU) treaty, which sets how much can be charged for international shipping.
Housing starts fell more than expected in September, as the impact of Hurricane Florence caused a massive decline in construction activity in the South. This put a damper on what would otherwise be a decent report and leaves some uncertainty about the underlying strength of one of the key components of freight demand.
