A Growing Economy Does Little For Freight Demand
Key Takeaways Real GDP rises 2.9% annualized in Q4. The freight economy declined once again. A spike in aircraft orders skewed December data. Real consumer spending falls again in December....
Transportation
Flatbed Report: A turning point for housing construction is finally on the horizon – DAT Freight & Analytics
On top of the solid report on mortgage volume earlier today comes another hopeful report from the construction industry. The National Association of Home Builders (NAHB) says builder confidence in...
BlueGrace Logistics Confidence Index™ Quarter 4 2022
The BlueGrace Logistics Confidence Index measures expected industry expansion or contraction based on revenue forecasts, inventory levels, and order volumes. A predictive analysis of shippers confidence for the upcoming quarter...
2M Alliance Coming to an End as Maersk and MSC Finally Split
Like a bad hairstyle fad, the 2M Alliance is coming to an end. But that end won’t be abrupt. The process is not as simple as combing hair along a...
Triumph’s open-loop system hits a milestone, even as payments’ EBITDA loss widens
In a quarter in which Triumph Financial recorded a better-than-forecast performance by some measures, the company’s open-loop network also hit a milestone of another sort. According to SeekingAlpha, Triumph’s (NASDAQ:...
DOE Releases Hydrogen Tech Research, Development
Jennifer Granholm The Biden-Harris Administration, through the U.S. Department of Energy (DOE), is releasing up to $47 million in funding to accelerate the research, development and demonstration (RD&D) of affordable...
Truckers escape without injuries from collisions with freight trains
Two truck drivers managed to avoid being injured when their trucks were struck by freight trains in separate collisions recently.On Wednesday, Jan. 25, a tractor-trailer was struck by a train...
Rail Workers Still Seeking Quality-of-Life Improvements
A CSX Corp. locomotive stops to switch tracks before arriving at the Selkirk rail yard in Selkirk, N.Y. (Hans Pennink/Associated Press) OMAHA, Neb. — The contract imposed on railroad workers...
Truckers urge single appointment system across Southern California port complex
Truckers urge single appointment system across Southern California port complex As federal and state laws aim to make per diem charges more transparent, California trucking groups say a unified appointment...
Retail Sales Decline as Manufacturing Output Drops
Key Takeaways Industrial production and manufacturing fall. Retail sales were broadly weak in December. Inventories were largely stable in November. Housing starts and permits continue their declines. Sales of existing...
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