The trade deficit in goods widened for the sixth consecutive month in February. Total goods trade volume was up however, which bodes well for transportation and freight markets
The Federal Reserve reported that total industrial production declined 0.1% in January from December’s levels, weighed down by a 1% decline in mining output in the economy.
The Chinese government is investing in the country of Georgia in a plan to potentially turn the country into a major export hub for Chinese goods.
Can our huge trade imbalance finally catch up with us and throw cold water on our flaming hot economy?
The USDA releases a statement claiming 2017 was the third best year ever for US agricultural exports which helped to spur domestic freight markets as well.
Citing the need to cover additional costs during peak holiday shipping periods, UPS has announced a new peak surcharge that will be added to packages shipped during certain weeks this holiday season.
