Biden Administration Proposes a $325…
The Biden Administration recently proposed a $325 Billion Paid Family Leave Program. Critics say the bill is not likely to pass. On March 9, President Biden released a $6.8 trillio...
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FTR’s Trucking Conditions Index Was…
FTR’s Trucking Conditions Index showed substantial improvement in January, rising to a -1.71 reading from December’s -6.1. Stronger freight volume and rates partially offset we...
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Real Hourly Earnings Down 0.1…
All Employees Real average hourly earnings for all employees decreased 0.1% from January to February, seasonally adjusted, the U.S. Bureau of Labor Statistics reported. This result...
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CPI for All Items Rises…
The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.4% in February on a seasonally adjusted basis, after increasing 0.5% in January, the U.S. Bureau of Labor Statistics...
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Retail Sales, Food Services Down…
Advance estimates of U.S. retail and food services sales for February 2023, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were...
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U.S. Import Prices Fall 0.1%…
Prices for U.S. imports edged down 0.1% in February, after declining 0.4% in January, the U.S. Bureau of Labor Statistics reported. Lower fuel prices in February more than offset h...
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Payroll Employment up by 311,000…
Total nonfarm payroll employment rose by 311,000 to 155.4 million in February 2023. Notable job gains occurred in leisure and hospitality, retail trade, government, and health care...
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HENDRICKSON’S AIRTEK® NXT & ROADMAAX®…
Hendrickson Truck Commercial Vehicle Systems announced today that it has partnered with Tadano Global to offer the AIRTEK NXT front air suspension and dual steer axle system and th...
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SAF-HOLLAND Breaks Ground on New…
SAF-HOLLAND, a leading global manufacturer of heavy-duty commercial vehicle components, is pleased to announce that its groundbreaking for its new manufacturing plant in Piedras Ne...
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