A recent study found these cities to be the best for those who drive heavy-duty and tractor-trailer trucks.
Job growth rebounded nicely in June as the economy added 224,000 workers to payrolls during the month. The transportation and logistics sector was one of the many areas of strength in June, led by improved gains among parcel and trucking companies.
The economic roundup summarizes recent developments in the macroeconomy as they relate to freight demand, and highlights key trends worth watching in the upcoming month.
Looking at how Canada’s forthcoming mandate might affect the 62,000 trucks that don’t cross the border.
With the passage of time and the context it brings, anyone can point to the moment before markets crashed over the last 100 years and say, “see, the signs were there, how did we not see it?”
The monthly economic roundup summarizes key results in the economy over the past month and highlights trends worth watching
Job growth rebounded nicely in March as employers added nearly 200,000 workers to payrolls during the month. This strength in hiring did not translate to the trucking industry however, where payrolls declined for the first time in nearly a year.
The monthly economic roundup summarizes key developments in the macroeconomy over the past month and highlights trends worth watching headed into April.
Job growth fell well short of expectations in February, as the economy added the fewest workers to payrolls since 2017. Hiring slumped in several industries during the month, but trucking employment increased for the ninth consecutive month.
The U.S economy added over 300,000 jobs in January, marking the best monthly performance in nearly a year. Transportation and logistics employment continued to increase at an impressive pace, led by healthy gains in warehousing, parcel and trucking jobs.
The U.S economy added over 300,000 jobs in December, marking the best monthly performance since February and capping the strongest year of hiring since 2015. The strength in job growth in December did not translate to the transportation and logistics sector, however, which was weighed down by job losses among parcel companies.
Job growth slowed in November after an impressive gain in the previous month, but signals from wages and unemployment suggest that labor market conditions remain generally healthy. The transportation and logistics industry had another strong month of hiring, with impressive job gains from trucking, parcel, and warehousing companies.
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.
FreightWaves CEO Craig Fuller, Chief Economist Ibrahiim Bayaan, and Senior Meteorologist Nick Austin discussed Hurricane Florence’s impact on freight, the general macroeconomic situation, and the upcoming IMO 2020 regulations on maritime fuel.
Job growth continued its remarkable pace in August, and data on hourly earnings show that wage growth is advancing at the fastest pace in over nine years. Strength in the overall labor market continues to spill into the trucking industry, which added jobs for the 11th time in 12 months.
In partnership with Reliance Partners …A survey of nearly 16,000 warehouse workers uncovers three key factors to attracting and retaining supply chain talent in anticipation of holiday peak season and single-digit unemployment rate.
Job growth fell short of expectations in the economy in July after robust hiring over the past several months. Labor market conditions remain tight, however, as the unemployment rate neared historic lows at the start of the 3rd quarter. Within trucking, hiring continued to improve a solid pace in July despite the moderating job growth in the overall economy.
This morning, new SONAR indexes went live, giving a detailed look into load transmission acceptance by equipment type and length of all, and adding employment data for various transportation modes.