National load tender volumes (OTVI.USA) ended July and moved into August with positive numbers, posting a 208 basis points (bps) gain. This is the second week in a row where 2019 load volumes finished higher year-over-year compared with 2018. It is also the first week the 60-day moving average moved above 2018 levels, signaling a […]
Archive for August 8th, 2019
U.S. trucking revenue surged to $796.7 billion in 2018, a 13.8 percent increase from a year earlier. The American Trucking Associations (ATA) reported the figure in its annual American Trucking Trends 2019, released on July 31.
GAO critical of “outdated” inspection practices at U.S. ports by Customs and Border Protection agents
United States Customs and Border Protection (CBP) inspection policies “don’t reflect new technology or threats” and are “outdated,” according to an August 6 report from the Government Accountability Office (GAO).
CVS Health said its rollout of new “health hub” concept stores will reach four U.S. metropolitan areas and 50 locations by the end of this year with the company already seeing benefits in new customers and revenues.
The U.S. Department of Transportation announced Wednesday, July 31, that it will award $478 million in airport infrastructure grants to 232 airports in 43 states and Puerto Rico.
Legislators propose a share of U.S. crude oil and natural gas exports be transported in ships built in the U.S. and operated with U.S. crews.
Federal Reserve officials decided to add some additional stimulus into the economy, settling on a 25 basis point reduction in the federal funds rate at the conclusion of the July 30-31 Federal Open Market Committee (FOMC) meeting. This marks the first reduction in interest rates since 2008 and ends a monetary tightening cycle that began […]
The number of Americans filing applications for unemployment benefits unexpectedly fell last week, suggesting the labor market remains strong even as the economy is slowing.
Macy’s back-to-school promotion includes its first shoppable commercials on Snapchat and a video-sharing challenge on TikTok. The department store’s “All Brand New” campaign also includes digital and TV spots aimed at celebrating kids’ individuality and self-expression, per an announcement.
Nike said it is acquiring Celect, a retail analytics company, to build out its data science skills for its Consumer Direct Offense plan.