inflation

Producer price data shows that trucking rates made some gains in June, but much of this was likely driven by seasonality

Industry detail from the Producer Price Index showed rates in trucking increased modestly, though long-distance truckload rates continued to decline.

Fed downgrades GDP growth projections, cancels rate hikes, stops balance sheet runoff, but “economic fundamentals are strong.”

Stifel’s head of equity strategy thinks the stock market will be weak for the next decade and that the federal government will default on debt unless it can force access into Chinese markets.

Data on producer prices shows that overall inflation pressure calmed further in December, weighed down again by declines in energy prices. Industry detail showed that trucking rates continued to surge, however, driven by another large gain in long-distance trucking rates.

Data on producer prices shows that overall inflation pressure calmed in November, weighed down by declines in gasoline prices. Industry detail showed that trucking rates continues to surge, however, driven by another large gain in long-distance trucking rates.

Data on producer prices shows that overall inflation pressure jumped at the start of the 4th quarter, though core price gains were more modest. Industry detail showed that trucking rates posted another solid gain in October, with big gains in long-distance rates offsetting declines in LTL.

The recent slide in spot rates is typical for this time of year, according to FreightWaves’ CEO, and data indicates another peak before Thanksgiving is possible.

“We’re still in a little bit of wait and see mode in terms of detail, but I think the outcome is pretty positive in my mind,” said Clive McDonnell, the Singapore-based head of emerging market equity strategy at Standard Chartered Bank.

Data on producer prices shows that overall inflation pressure cooled in the economy last month, as big declines in food prices offset gain in other areas of the economy.  Trucking prices remained essentially unchanged for the second consecutive month, but remain elevated relative to this point last year.

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Producer price inflation remained relatively modest in February, but trucking prices grew at the fastest pace since 2011

Current financial news headlines are full of stories about inflation and the resurgence of inflation in the U.S. economy.  

Strong economic fundamentals in the U.S. and globally are driving the second-longest bull market since the 1920s. Could the driver shortage ultimately end it all?

The Shippers Conditions Index has improved slightly in August, although it remains in negative territory, according to the latest update from FTR. At the same time, DAT reported a decline in capacity last week on the spot market, which occurred before Hurricane Harvey struck Texas.