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Weekly Transportation Update: Automotive sector rebound bolsters manufacturing output

Automotive sector rebound bolsters manufacturing output.

  • Retail sales see solid increase in November.
  • Falling fuel prices help keep consumer inflation cool.
  • Van spot rates ease in line with seasonal expectations.
  • Rail carload and intermodal begin their seasonal slide in volume.
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Weekly Transportation Update: U.S. adds 199,000 payroll jobs in November

U.S. adds 199,000 payroll jobs in November.

  • The unemployment rate falls to 3.7%; labor participation improves slightly.
  • Job openings in October were lowest since March 2021.
  • Dry van spot rates rise strongly for the second straight week.
  • Rail and intermodal volumes post strong gains following Thanksgiving.
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Weekly Transportation Update: Retail inventories aside from automotive are extraordinarily lean.

Retail inventories aside from automotive are extraordinarily lean.

  • Factory orders for durable goods hold steady aside from transportation equipment.
  • Trucking company failures in November were in line with October.
  • Dry van spot rates finally show some measure of seasonal strength.
  • Rail carload and intermodal volumes were down as expected during the holiday week.
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