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Headlines

• Rebound in auto output key to May’s strength in industrial production and manufacturing output.
• Retail sales fade slightly in May after two stimulus-fueled months of record spending.
• Housing starts stabilize with a small gain after three months of volatile activity.
• General freight truckload Producer Price Index posts its strongest gain ever in May.
• Rail carload rebounds to pre-holiday volume but intermodal still lags.

Headlines

• U.S. economy sees a disappointingly small gain of 266,000 jobs in April. 
• ISM manufacturing index pulls back a bit on production, employment challenges.
• April soars past March’s record in grants of operating authority for new trucking firms.
• Truck spot market sets volume and rate records.
• Intermodal and rail carload volumes were little changed in the latest week.

Exclusive analysis from our SOF INSIGHTS publication - available to premium subscriber clients. Learn about subscribing to our monthly Trucking Update or Shippers Update intelligence services.

Railroads and shippers have plenty of questions about how the potential merger between Canadian Pacific and Kansas City Southern might upend the railroad industry. In this commentary, FTR will try to examine some of the biggest issues.