unemployment rate

Growth in couriers and warehouses took an outsize percentage of the total net growth in jobs last month.

Analysts are looking at various explanations for why the number of drivers today is lower than it was two years ago.

The pandemic-induced volume downturn from last year is making year-over-year comparisons inflated. However, strength in the consumer economy could support rail volumes.

February generally shows an increase in the number of trucking jobs, but not in 2021

A drop between December and January is normal, and the strong market did not reverse that.

Convoy’s Terrazas: Increases are less than what would be expected given strong market

Rail jobs resume downward slide after increase a month earlier

According to the U.S. Bureau of Labor Statistics, employment in the transportation sector is back on the rise.

Demand is reducing inventories while sales remain strong, leaving no cushion before sales ramp up as they do in November and December.

Unemployment for the entire transportation and warehousing sector is down 4.4 percentage points in just a few months

Warehouse/storage jobs up a whopping 32,200.

Whether you’re an employer looking to fill freight-related positions or a job-seeker, Freight.Careers.com is the go-to website.

After the revision of the June numbers, July preliminary trucking employment is less than where the market thought it was a month ago.

Even as trucking jobs rose, rail jobs declined

Consensus growing that PPP money helped boost the number of employed, as planned

Lytx has announced a new technology that allows drivers to simply scan a QR code to be identified and assigned to a vehicle. Plus, the unemployment rate could top 30%, the next coronavirus stimulus package could include infrastructure, and the EPA is set to roll back fuel economy standards.

China opens its factories; 3.28 million U.S. workers apply for unemployment benefits; U.S. seeks to convince Saudi Arabia to end oil war.

We discuss the different strategies FedEx and XPO use to build shareholder value.

Treasury Secretary Mnuchin stated the US unemployment rate may reach 20% in the short term if significant fiscal stimulus action was not taken. We estimated whether the modern economy could reach such levels.

Diesel fuel price outlook The rack-to-retail spread has widened to more than $1.10/gallon, creating an unearned windfall for trucking carriers. Diesel markets have been sliding in part on an overall […]

Job growth rebounded nicely in June as the economy added 224,000 workers to payrolls during the month. The transportation and logistics sector was one of the many areas of strength in June, led by improved gains among parcel and trucking companies.

Looking at how Canada’s forthcoming mandate might affect the 62,000 trucks that don’t cross the border.

With the passage of time and the context it brings, anyone can point to the moment before markets crashed over the last 100 years and say, “see, the signs were there, how did we not see it?”

The U.S economy added over 300,000 jobs in December, marking the best monthly performance since February and capping the strongest year of hiring since 2015. The strength in job growth in December did not translate to the transportation and logistics sector, however, which was weighed down by job losses among parcel companies.

Job growth slowed in November after an impressive gain in the previous month, but signals from wages and unemployment suggest that labor market conditions remain generally healthy. The transportation and logistics industry had another strong month of hiring, with impressive job gains from trucking, parcel, and warehousing companies.

Job growth stumbled in September as Hurricane Florence likely disrupted results during the month. Unemployment continued to trend down in the economy however, and labor market conditions remain generally tight. Hiring within trucking continued to advance during the month, growing for the 5th consecutive month.  

In partnership with Reliance Partners …A survey of nearly 16,000 warehouse workers uncovers three key factors to attracting and retaining supply chain talent in anticipation of holiday peak season and single-digit unemployment rate.

Job growth fell short of expectations in the economy in July after robust hiring over the past several months. Labor market conditions remain tight, however, as the unemployment rate neared historic lows at the start of the 3rd quarter. Within trucking, hiring continued to improve a solid pace in July despite the moderating job growth in the overall economy.

Job growth continued at an impressive pace in June, beating expectations for the second consecutive month.  Trucking hires also made significant strides during the month, but increased competition from within transportation and other competing industries will remain a challenge going forward.

Turndowns and trucks in market both deteriorated this week as shippers and carriers enjoyed their Independence Day holiday. US-China tariffs begin today; railroads worried about tariffs’ impact on carloads; air freight’s pilot shortage accelerating drone adoption; unemployment up slightly as US adds 213K jobs.

Job growth improved considerably in May as the unemployment rate matched a near-50 year low. Trucking hires also made significant strides during the month, erasing the large decline in trucking employment from last month.

Unemployment rate across the U.S. has fallen below 4% and is creating problems for recruiting and retaining skilled labor in the logistics industry.