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After a year of modest growth in 2024, third-party logistics providers are facing uncertainty for the future with volatile economic conditions expected to persist.

Trucking is emerging from a difficult period, and the headwinds that have plagued the industry are beginning to weaken as freight volumes improve and capacity leaves the market.

The Organization for Economic Cooperation and Development predicted the pace of global expansion to slow to 3.1% this year, with annual expansion in the U.S. wilting to 1.6% next year.

The Federal Reserve’s preferred measure of underlying inflation rose at a mild pace in January, while consumers pulled back on spending.

New research suggests President Donald Trump’s latest tariffs on imports from China could hit the American economy more than official U.S. trade data indicate.

WASHINGTON — An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices remain stubbornly elevated.

WASHINGTON — U.S. inflation accelerated last month as prices for gas, eggs and used cars rose, yet underlying price pressures also showed signs of easing.

American consumers wrapped up the year in a spending mood, buying all sorts of merchandise from furniture to clothing and eating out at restaurants, according to the government.

Initial applications for U.S. unemployment capped 2024 at an eight-month low, reflecting the muted levels of job cuts in a labor market that has remained surprisingly resilient.

Despite uncertainty around a presidential election, elevated interest rates and a cooling labor market, economic growth remained solid in 2024.