Can the US consumer survive a trade war?
If consumers were able to keep pace with the incredible inflation of the early pandemic, they should be able to weather any storm kicked up by tariffs.
If consumers were able to keep pace with the incredible inflation of the early pandemic, they should be able to weather any storm kicked up by tariffs.
New tariffs pose a significant challenge for U.S. refiners, who are already grappling with declining profit margins.
Even cars assembled in the U.S. are not exempt from tariff shocks, as components from Mexico and Canada account for roughly 10% of the value of U.S.-built cars, with an additional 5% to 6% coming from Chinese inputs.
Businesses are heading into 2025 with lean inventories and high demand from consumers.
Consumers’ growing pessimism could trigger a pullback in discretionary purchases, directly weighing on trucking demand.
Despite encouraging signs, the U.S. manufacturing sector remains in the early stages of recovery.
Despite aggressive interest rate hikes by the Fed aimed at curbing inflation, the CPI’s decline in yearly growth has been gradual and uneven.
A stable labor market suggests carriers are less likely to face harsh wage competition, a common concern during periods of labor scarcity.
With record inventories building and bottlenecks easing is deflation next?
Although “Containers Don’t Lie,” the story they are telling may not reveal the entire picture.
U.S. retail spending fell by 8.7% last month; oil demand to fall by 29M barrels a day in April; companies look to diversify procurement geography.
Bob Costello expects many trucking companies to go out of business before the economy recovers from the recession caused by the coronavirus pandemic.
Freight rail trade and labor groups applaud the U.S. federal government for passing the $2 trillion stimulus package aimed at stabilizing the American economy amid the coronavirus pandemic.
Darren Prokop writes about the key role that transportation in the war against COVID-19 – particularly trucks.
For nearly a year now in the U.S. — and for the first time since the Department of Labor began tracking job turnover — the number of open jobs each month has been higher than the number of people looking for work. At the beginning of 2019, the U.S. economy had 7.6 million unfilled jobs, […]
Donald Broughton writes that as goes the freight sector goes the economy in this commentary.
Donald Broughton’s third article about the impact of the gross domestic product and how it can be useful for business intelligence and forecasting is a must-read.
Market expert Donald Broughton explains how the U.S. gross domestic product can be a valuable tool by trucking companies (and others).
FreightWaves is providing a forum – Market Voices – for a number of market experts. Last week I wrote about why the ongoing decline in lumber shipments and the ongoing decline in housing starts should be a growing concern, and that continued contraction in this industry had several significant waves of secondary and tertiary economic […]