FreightWaves NOW – March 11, 2019
On today’s episode, Nick Austin and Zach Strickland discuss how winter weather is impacting tender rejections and look at retail sales and ULSD rack prices.
On today’s episode, Nick Austin and Zach Strickland discuss how winter weather is impacting tender rejections and look at retail sales and ULSD rack prices.
Retail sales rebounded in January despite big declines in motor vehicle and gasoline sales. Gains in core sales helped to stabilize the retail sector during the month, erasing much of the decline from December 2018.
Retail sales tumbled by the largest amount in over nine years in December 2018, providing a disappointing end to what was otherwise a strong year for the retail sector. The 2018 holiday season ended up well below expectations, and introduces some fresh concerns about the strength of the economy going forward.
Supply chain investments are helping retailers meet the inventory challenges of a growing market, the National Retail Federation (NRF) reported today in its 2019 retail sales forecast.
Increased electric vehicle adoption could lead to higher fuel taxes; drone deliveries could be a nuisance to neighborhoods; EU believes that the U.K. might vote in favor of the Brexit agreement this January.
‘Tis nearly the season now for reverse logistics, but meanwhile retailers and parcel carriers are delivering strong results along with signals of steep changes in sales and shipping patterns this holiday season.
Recent results show that retail activity continued to expand in November, in a sign that one of the key components of freight demand remains healthy at the end of the year. Results from the manufacturing sector were far less encouraging however, as activity stalled during the month.
A Trump administration review of the struggling U.S. Postal Service proposes sweeping changes in its operations that is raising alarm bells for Amazon.
Retail activity posted the strongest gain in five months, as big gains in auto sales and rising gasoline prices helped to drive overall activity. Core spending grew at a more moderate pace, but the broad-based nature of the gains is encouraging headed into the holiday season.
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.
When you consider all the implications of the service, it may be one of the biggest deals happening in the industry that you haven’t heard about.
For the first time ever Target will offer free, two-day shipping with no minimum purchase required this holiday season, in a bid to win shoppers over rivals like Walmart and Amazon.
Retail activity eked out a meager gain for the second consecutive month, as a sharp decline in spending at restaurants weighed down the headline numbers. Retail conditions remain generally solid, however, as the sector looks poised for healthy growth to round out the year.
A pair of releases this morning show that retail spending and industrial output expanded in August, signaling that some key components of freight demand continue to grow at a healthy pace in the 3rd quarter.
The economic roundup is a monthly summary of the various factors that affect freight demand and supply in the economy. Data releases in August showed an economic that was performing generally well, but softness in housing and trade are likely to impact freight demand.
A pair of releases this morning show that retail spending and manufacturing output continued to advance in July, signaling that some key components of freight demand remain on solid footing in the 3rd quarter.
The maker of FreightLiner and Western Star trucks wants its parts business to grow and have stronger brand identification.
U.S. retail sales rose solidly in June, boosted by increases in purchases of motor vehicles and a range of other goods, cementing expectations for robust economic growth in the second quarter.
U.S. Xpress goes public; retail sales numbers explode for May; BNSF seeks positive train control delay; Brussels airport goes to blockchain for air cargo management; American LNG exports expected to benefit the entire economy.
Retail sales rose 0.8% in May, beating economist estimates of 0.4% and showing that economic growth still has some room to expand.