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TAG SEARCH RESULT: Economic Conditions

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September 13, 2017

Hurricanes Could Cost GDP Half a Percentage Point in Q3

Speaking about the impact of Hurricanes Harvey and Irma at the FTR Transportation Conference, analysts estimated that the economic impact on the region could cost GDP 0.5% in the third quarter of 2017.

August 14, 2017

Talks to Revamp NAFTA Slated to Begin This Week

Trucking and logistics interests are keeping a close eye on talks to revamp the North American Free Trade Agreement begin this week – particularly those involved in the automotive industry.

June 21, 2017

Forecast Is for Fuel Prices to Remain Low for the Foreseeable Future -- Maybe Longer

Conventional wisdom in the fleet market is often wrong. If we roll back the calendar, the conventional wisdom about fuel prices was that there would be ebbs and flows in price per gallon rates, but the overall price trajectory would trend upward. The flaw with conventional wisdom is that it only works when no new variables are inserted into future projections. A case in point is the shale oil revolution, which now has experts predicting oil prices will remain flat for the foreseeable future.

December 13, 2016

FedEx CEO Warns Trump Attack on Trade Could Be 'Catastrophic'

FedEx Chairman and CEO Fred Smith warned that President-elect Trump's campaign promises to pull back on international trade agreements could be “catastrophic.”

February 18, 2016

Retread Sales Fell, But Tire Market Stable Last Year

The domestic retreaded truck tire market was down in 2015 compared to 2014, however, the health of the truck tire market also depends on new truck tire shipments. They were up 4%.

May 13, 2014

Medium-, Heavy-Duty Truck Sales to Increase in 2014

The improved economic environment in developing and developed economies is restoring business confidence and pushing up the global sales volumes of medium- and heavy-duty trucks, will sales expected to increase to 2.87 million units by the end of 2014.

May 6, 2014

Construction Unemployment Rate Falls to 7-Year Low

The unemployment rate in construction dropped to the lowest April level in seven years as contractors added 32,000 workers to payrolls in April.

April 22, 2014

New Home Starts Rise, Building Permits Fall in March

New home construction rose slightly in March while building permits fell, presenting a mixed back of data for the construction industry that relies heavily on medium- and heavy-duty trucks.

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