Tuesday, January 16, 2018
Business
Manufacturing cools in June as recovery slows

Manufacturing cools in June as recovery slows

WASHINGTON — New evidence of a slowing economic rebound emerged Thursday in reports that manufacturing activity is slowing after helping drive the early stages of the recovery.

Landstar 2Q income rises on revenue increase

Landstar 2Q income rises on revenue increase

JACKSONVILLE, Fla. — Freight shipper and warehouser Landstar System Inc. said second-quarter net income rose as revenue climbed 31 percent, and the CEO called the freight market “strong.”

Retail sales drop 0.5 percent in June

Retail sales drop 0.5 percent in June

WASHINGTON — Retail sales fell in June for the second straight month, more evidence that the recovery will slow in the second half of the year.

DOT freight measure slips in May, but up from year before

DOT freight measure slips in May, but up from year before

WASHINGTON — The Freight Transportation Services Index (TSI) fell 0.4 percent in May from its April level, declining after two consecutive monthly increases, the U.S. Department of Transportation's Bureau of Transportation Statistics (BTS) reported Wednesday.

Class 8 sales continue to improve from 2009

Class 8 sales continue to improve from 2009

Heavy-duty truck sales in June improved 12.7 percent from May, and continued to show the expected improvement from the year before.

CSX sees 1-2 years before full shipping recovery

CSX sees 1-2 years before full shipping recovery

NEW YORK — The top executive at CSX Corp., the nation's third largest railroad, on Tuesday predicted it could take another year or two for shipping volume to recover to pre-recession strength.

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