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Weekly Transportation Update: Falling Fuel Prices Hit Wholesalers Hard

  • Falling fuel prices hit merchant wholesaler sales in July.
  • Diesel prices ease while crude sinks to its lowest price since January.
  • Mortgage rates rise to the highest level since November 2008.
  • Spot rates rise in key trucking segments heading into the Labor Day holiday.
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Morning Coffee: Stocks Week Ends on Down Note

U.S. stocks closed out the trading week on a down note on Friday, as earlier gains that showed a jobs report suggested that the tight labor market may loosen.
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Electric Engines: The Future is Here

This is the beginning of a series of articles on electric vehicles. This is not meant to be an engineering series but a more general look that focuses on the broader history, the present situation, future uses, and potential problems of the new “Electric Age.”

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Morning Coffee: Wall Street Ends Lower in Three Major Indexes

Wall Street ended Friday with all 3 major indexes more than 3% lower, as Federal Reserve Chief Jerome Powell’s signal that the central bank would keep on hiking rates to tame inflation nixed hopes for a more modest path among investors.
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The Economy: Recession? Or a Near Miss?

FTR Expert Steve Graham takes a look at how close we are to a recession and whether we could avoid it entirely.

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2022 Mid-Year Look Around

FTR Expert Steve Graham weighs in on how things look economically as we reach the halfway point of 2022.

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Insights: Coal Industry

Coal will continue to be a significant commodity for railroads in the immediate future, but it will never return to the dominant position that it held in the twentieth century.
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Enemy No. 1: Inflation

If economists and central bankers had a “Public Enemy” category, like INTERPOL or the FBI do, inflation would undoubtedly be elected the No. 1 enemy of the people.

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Insights: Construction Industry

The construction sector began a strong rally before the pandemic and made a rapid recovery as the economy opened back up. Construction is poised for strong growth over the next two years.
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Insights: Russia-Ukraine Conflict

Russias invasion of Ukraine sent energy prices skyrocketing in a U.S. economy already reeling from inflation. War injects further uncertainty into the outlook, but a sizable negative effect on the economy and freight is hardly a sure bet.
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