Economy News Updates

GovernmentBusiness

Virginia Touts Robust Economic Growth in Richmond Region

Virginia state and Henrico County officials touted a series of grand openings, including an Amazon robotics fulfillment center and a Coca-Cola Consolidated distribution facility.

April 17, 2024
GovernmentBusiness

US Small-Business Optimism Drops by Most Since End of 2022

U.S. small-business optimism in January suffered the biggest drop since 2022, due to weak profits and sales expectations, according to the National Federation of Independent Business.

February 13, 2024
GovernmentBusiness

US Economy Grew at Strong 3.3% Rate to End 2023

WASHINGTON — The nation’s economy grew at a brisk 3.3% annual pace in Q4 as Americans showed a continued willingness to spend despite high interest rates and price levels.

January 25, 2024
BusinessTechnology

Using Technology to Solve Trucking’s Top Industry Issues

Program Aired: December 7, 2 p.m. ET Recently released results from an American Transportation Research Institute survey shows the economy, truck parking, fuel prices and zero-emission vehicles are some of the most critical issues in trucking, among others. Register for this webinar, presented by PrePass and Geotab, and learn new ways your fleet can use technology to better address these important concerns.

December 7, 2023
GovernmentBusiness

Producer Prices in October Drop Most Since 2020

U.S. wholesale prices fell sharply last month as inflationary pressure continued to ease after a year and a half of higher interest rates.

November 15, 2023
GovernmentBusiness

BLS: Coming Decade to See Job Growth in Warehousing, Logistics

Transportation and warehousing will be among the fastest-growing economic sectors for the coming decade, according to a new U.S. Bureau of Labor Statistics analysis.

November 6, 2023
GovernmentBusiness

Economy Accelerated to a Strong 4.9% Rate Last Quarter

WASHINGTON — The nation’s economy expanded at a robust 4.9% annual rate from July through September as Americans defied rising interest rates to spend at a brisk pace.

October 26, 2023
BusinessLogistics

How Freight Brokers Survive in a Down Market

The second quarter of 2023 has revealed a potentially bleaker outlook for the freight market, almost reaching numbers of the freight recession witnessed in 2019. Discover the secrets behind success as we explore how freight brokers should navigate the uncertainty of a down market.

October 1, 2023
BusinessLogistics

Maximize Email Efficiency Through AI

Traditional freight brokerage operations have been historically inefficient. Manual processes and associated errors are now being overhauled by AI-driven technology that streamline the manual and time-consuming workflows, all while providing next-gen insights that foster data-driven decisions. Download the whitepaper to explore how we’re empowering brokers to maximize efficiency through automation.

September 1, 2023
GovernmentBusiness

Labor Market Still Resilient, Adds 187,000 Jobs in August

The nation’s employers added 187,000 jobs in August, evidence of a slowing but still-resilient labor market despite the high interest rates the Federal Reserve has imposed.

September 1, 2023