Retail activity rebounds, boosted by auto and gas sales

Retail activity rebounds, boosted by auto and gas sales

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.

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The struggle is real: lobster exporters left gasping over Chinese trade tariffs

The struggle is real: lobster exporters left gasping over Chinese trade tariffs

The U.S.-China trade war has brought misery to the thriving U.S. lobster industry, which is now feeling the heat of an additional 25% tariff that Beijing slapped on its live and processed lobster exports to China.

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Trucking rates climbed again in October as long-distance trucking leads the way

Trucking rates climbed again in October as long-distance trucking leads the way

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.

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Job growth roars back in October as wage growth hits the highest point since the recession

Job growth roars back in October as wage growth hits the highest point since the recession

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.

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