Archive for the ‘Uncategorized’ Category

Canada’s economy may soon endure something it hasn’t faced in 68 years

Canada’s economy may soon endure something it hasn’t faced in 68 years: A recession without the U.S. in the same boat. That’s the view of Jim Mylonas, global macro strategist at BCA Research Inc. in Montreal, a firm that’s been making calls on markets and economies since 1949. Mylonas says the surge in household debt combined […]

US economy has good momentum in 2019: Fed Vice Chair Richard Clarida

The Federal Reserve Opens a New Window.affirmed its optimistic outlook for the U.S. economy Opens a New Window.in 2019. “The economy has good momentum going into 2019,” Federal Reserve Vice Chairman Richard Clarida said in an exclusive interview on FOX Business on Monday. “Our priority is pursuing a monetary policy that will achieve our objective, which is full employment and […]

Get in Line: Backlog for Big Rigs Stretches to 2019

Anyone ordering a new heavy-duty truck this summer will have wait until sometime next year to get it, assuming strained manufacturing supply chains hold together. An unprecedented run of orders for big rigs has pushed the backlog at truck factories to nine months, according to industry analysts, the largest since early 2006, when truckers stocked […]

RAIL INDUSTRY MAINTAINS STRONG SAFETY RECORD

Newly released data from the Federal Railroad Administration (FRA) confirms that recent years remain the safest ever for U.S. railroads. Through employee commitment to safety and investments in maintenance and new technologies, the industry has maintained the strong safety record of recent years, with the train accident rate down 28 percent in the last decade […]

Boeing: Air cargo to expand in mid-single digits through 2020

After a steep plunge into negative growth in mid-2016, world air cargo traffic rebounded sharply last year and is on course for 4.2 percent average annual tonnage gains through 2020. The pace is currently outracing cargo belly and freighter capacity, improving yields for carriers, and creating space shortages for shippers. That is essentially the snapshot […]