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Weekly Transportation Update: New Home Sales Surprise with a Sharp Rebound


New orders for core capital goods show solid gain in August.

  • Sales of new homes surprise with a sharp rebound.
  • Real spending on goods declines as real spending on services ticks higher.
  • CDL driver hiring activity in August was the strongest of the pandemic.
  • Intermodal shows no volume improvement in week following rail strike scare.
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Weekly Transportation Update: Production Dips Due to Weaker Utilities Output


Housing starts rise as multi-family construction hits an all-time high.

  • Sales of existing homes fall for the seventh straight month.
  • Industrial production dips due to weaker utilities output.
  • Worries about a possible rail strike failed to bolster the trucking spot market.
  • Uncertainty over the averted rail strike shows up mostly in weaker intermodal volume.
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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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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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Transportation Update | March 2022

The U.S. economy adds 678,000 payroll jobs in February.

Crude, diesel prices soar in the wake of the war in Ukraine.
Retail inventories see another solid increase.

The surge in new trucking companies continues in February.

Volatility is the order of the day for rail volumes.

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