Archive for April, 2015

Fed Stays Vague on Rate-Hike Timing, but Sees Slower Growth as Blip

WASHINGTON—Federal Reserve officials attributed the economy’s sharp first-quarter slowdown to transitory factors, in effect signaling an increase in short-term interest rates remains on the table for the months ahead although the timing has become more uncertain. (This article required a subscription with The Wall Street Journal.  To access, please click on the above link.)

Trailer orders maxed out for 2015

Original Equipment Manufacturers of trailers have their hands full for the remainder of 2015, according to reports released by both ACT Research and FTR Associates.

LA, Long Beach drayage truckers face ‘new normal’ in wait times

When harbor drayage companies ask terminal operators in Los Angeles-Long beach these days why the average truck visit still takes 100 minutes, the truckers get an answer they really don’t like. (This article requires registration at the Journal of Commerce.  To access, please click on the above link.)

U.S. Economic Growth Nearly Stalls Out

WASHINGTON—The U.S. economy slowed to a crawl at the start of the year as businesses slashed investment, exports tumbled and consumers showed signs of caution, marking a return to the uneven growth that has been a hallmark of the nearly six-year economic expansion. (This article requires a subscription with The Wall Street Journal.  To access, […]

Online Retailers Expect to Increase Revenue by 17 Percent in 2015

Retailers anticipate accelerated growth for 2015, according to research released from eBay Enterprise, an eBay Inc. company. The 2015 Retail Growth Outlook, a U.S. survey of more than 1,000 e-commerce and marketing professionals from retailers with revenues of $3 million to $250 million, examined projected revenue forecasts and critical decisions retailers will make this year to achieve anticipated growth. […]

Durable Goods Demand Up 4% in March

Orders for business equipment unexpectedly fell in March for a seventh consecutive month, a sign business investment will remain sluggish. But demand for all durable goods — items meant to last at least three years — rose 4% on aircraft and autos.

Truckers Strike Against Four Southern California Fleets

Several hundred truck drivers at the ports of Los Angeles and Long Beach began a strike against four fleets, including two controlled by XPO Logistics, but there were no reports of interrupted cargo flow on the docks at the nation’s two largest ports.

Good Growth Predicted for Chemical Industry Throughout 2015

The recovery momentum for the chemical industry is expected to continue this year, backed by a strengthening U.S. economy, strength in the automotive space, healthy demand in emerging geographies and gradually convalescing construction markets.