Economy News Updates

Government, Business

Trucking Is Doing Better Than U.S. Economy; Double-Dip Recession Unlikely, Experts Say

GRAPEVINE, Texas Most trucking companies are currently doing better than the U.S. economy as a whole, and that should continue because a second, or double-dip, recession is unlikely, a panel of economists said.

October 24, 2011
Government, Business

Fleets Must Use Slumps Lessons to Overcome Future Challenges

GRAPEVINE, Texas Fleets should prepare to bring the same zest to future challenges that they have used to overcome the struggling economy, fuel prices and government regulations in recent years, four industry leaders said.

October 24, 2011
Government, Business

Economy Remains Top Issue For Industry, ATRI Poll Says

GRAPEVINE, Texas The economy topped the list of critical issues facing the trucking industry for the third consecutive year, the American Transportation Research Institute said.

October 24, 2011
Government, Business

ATAs Costello Sees Mixed Economic Picture for Trucking

The economic outlook for trucking is muddled at best, with the industry facing softening demand and rising costs, American Trucking Associations Chief Economist Bob Costello said at the groups annual conference in Texas this week.

October 18, 2011
Editorial, Government, Business

Prudent Caution

While the U.S. economy continues to look better and better in many ways, there are some pretty powerful reasons for truckers to remain cautious, or at least watchful in the coming months.

April 11, 2011
Government, Business

Economists Lift GDP Projections as Factory Activity Picks Up

Fueled by stronger manufacturing and demand for freight, the U.S. economy will grow at least at a 3.2% annual pace in 2011, and truck tonnage will rise 5%, according to several recent reports.

April 11, 2011
Government, Business

IMF Boosts World Economic Growth Projection

The International Monetary Fund boosted its forecast for global economic growth this year, reflecting stronger U.S. output based on tax-cut extensions and higher growth in emerging economies, Bloomberg reported Tuesday.

January 25, 2011
Government, Business

Analysts, Economists Differ on Outlook for Transportation, U.S. Growth

LAS VEGAS Two industry analysts differed over whether trucking will tread water this year or improve its financial performance even more than it has, and economists told heavy-duty executives the danger of a double-dip recession is gone.

January 24, 2011
Government, Business

Trucking Executives Hopeful About New Year: Focus Is on Economy, CSA and Driver Supply

The new year for trucking companies picks up right where 2010 left off, with optimism about an improving economy but also plenty of unknowns about which to worry.

January 3, 2011
Government, Business

Year in Review: Trucking Gains Traction as Economy Stabilizes

Trucking companies finally gained some traction in 2010 as the economy stabilized and demand for freight hauling increased.

December 20, 2010