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Shortage Of Drivers May Weigh On Earnings Of Truckers

Monday October 16, 2017 comments

Shortage Of Drivers May Weigh On Earnings Of Truckers

Trucking companies are convincing shippers to pay more to move freight, but difficulty finding drivers could weigh on earnings. Analysts expect rising driver payand storm disruptionsto eat into what would otherwise be stronger third-quarterresults for truckload carriers. The freight market has picked up as manufacturing activity expands and retailers restock inventories in advance of the holiday season. For-hire truck tonnage jumped 8.2% in August compared with the same time in 2016, according to seasonally adjusted... Read More


Global Economic News

Monday October 2, 2017 comments

Global Economic News

Unemployment in the worlds biggest developed economies has been falling, at least since the end of the financial crisis. But wages, in the main, have not reacted as might be expected. They have generally either grown only modestly, or even fallen. Take, for example, resurgent Germany. Since 2012, the unemployment rate has tumbled to the lowest level since reunification. Wages and salaries have grown -- but only gradually and at nothing like a rate to imply pressure. It is even clearer in Japan, where unemployment... Read More


America’s Manufacturers And Builders Are On A Tear

Friday September 15, 2017 comments

America’s Manufacturers And Builders Are On A Tear

Americas manufacturers are showing signs of fabricating some genuine momentum. Toss in improvement among U.S. builders and miners and the U.S. is undergoing the blue-collar revival that President Donald Trump has been pushing. Gary Cohn, the top economic adviser at the White House, told CNBC that the country is seeing jobs being created in the sectors that need them. Manufacturing expanded in August at the fastest pace in more than six years, the Institute for Supply Management said Friday. The increase from the... Read More


U.S. Unemployment Rate Falls To 16-year Low

Friday September 1, 2017 comments

U.S. Unemployment Rate Falls To 16-year Low

The U.S. economy picked up steam during the second quarter, notching the fastest pace of growth in two years. During the first full quarter with President Trump in charge, economic growth hit 3%, according to revised estimates released by the government on Wednesday. That's the strongest growth since the first quarter of 2015. It's more than double the pace of the first three months of 2017 and better than original estimates for the second quarter. The government initially pegged second-quarter growth at 2.6% in July . ... Read More


China's Economy Cools In July

Tuesday August 15, 2017 comments

China's Economy Cools In July

China's economy appears to be cooling again with the latest broad batch of data appearing to retrace much of momentum gained in recent months. The key monthly figures released by the National Bureau of Statistics show industrial production, fixed asset investment and retail sales all slipped back in July and were all lower than expected. Capital Economics China economist Julian Evans-Pritchard noted both foreign and domestic demand appear to have softened at the start of third quarter. "A few sectors, such as steel,... Read More


U.S. Manufacturing Grows In July

Tuesday August 1, 2017 comments

U.S. Manufacturing Grows In July

American manufacturers tapped on the brakes lightly in July but were still expanding near the fastest pace in three years, a good sign for the broader U.S. economy. The Institute for Supply Management said its manufacturing index fell slightly to 56.3% last month after reaching a three-year high of 57.8% in June. Economists polled by MarketWatch expected a reading of 56.2%. Results above 50% indicate expansion and anything over 55% is seen as exceptional. Although new orders, production and plans for employment all... Read More


Freight Bump Fuels Hope

Monday July 17, 2017 comments

Freight Bump Fuels Hope

Improving freight demand could signal brighter days ahead for transportation companies -- if they can persuade retailers and manufacturers to pay more for shipping. Trucking and logistics firms should give their outlooks for the rest of the year as they begin to report earnings next week, with investors watching for signs of a rebound from a two-year slump in freight rates. J.B. Hunt Transport Services Inc., one of the largest U.S. freight carriers, is expected to announce its second-quarter earnings Monday. C.H. Robinson Worldwide... Read More


Sustainable Businesses Can Unlock $5 Trillion in New Market Value in Asia by 2030

Monday July 3, 2017 comments

Sustainable Businesses Can Unlock $5 Trillion in New Market Value in Asia by 2030

Business leaders and entrepreneurs can unlock new market opportunities worth $5 trillion and generate 230 million jobs in Asia by 2030 through sustainable business models , according to Better Business, Better World Asia, a new report released by the Business Sustainable Development Commission (BSDC). Better Business, Better World Asia is part of a series of reports, first launched in January 2017, which make the business case for the Sustainable Development Goals, or Global Goals17 objectives to eliminate poverty, improve... Read More


U.S. Economy Slowed Less Than Expected In First Quarter

Thursday June 15, 2017 comments

U.S. Economy Slowed Less Than Expected In First Quarter

The U.S. economy slowed less than initially thought in the first quarter, but softening business investment and moderate consumer spending are clouding expectations of a sharp acceleration in the second quarter. Gross domestic product increased at a 1.2 percent annual rate instead of the 0.7 percent pace reported last month, the Commerce Department said on Friday in its second GDP estimate for the first three months of the year. That was the worst performance in a year and followed a 2.1 percent growth rate in the fourth... Read More


These Are The Global E-commerce Awards Nominees

Thursday June 1, 2017 comments

These Are The Global E-commerce Awards Nominees

The organization behind the G lobal E-Commerce Summit has announced the nominees for its annual awards. In two categories, brands and retailers from across Europe compete for the jurys favor. Finalists then need to present their elevator pitch, after which the GES audience will vote to decide which finalists will take home the awards. This years Global E-commerce Summit will take place in Barcelona from June 12 to 14. A highlight of this three-day event is the award show, where ecommerce professionals recognize and celebrate the efforts... Read More





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