Transport Topics
Durable Goods Orders in August Jump 4.5%
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WASHINGTON — Orders for long-lasting U.S. factory goods rose at a healthy pace last month, though the increase was mostly driven by a surge in aircraft demand.
House Passes FAA Bill; Senate Action Up Next
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A five-year bill that would authorize federal aviation safety and infrastructure programs set to expire passed the U.S. House on Sept. 26 by a vote of 398-23.
Tariffs Start to Drag on US Economy as Trade Deficit Widens
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Fresh data on the U.S. economy show President Donald Trump’s escalating trade war is shaping up as a clear drag on growth this quarter.
Used Truck Prices Jump 16% in August
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Strong demand for used trucks continued in August as the average price of a Class 8 vehicle jumped 16% year-over-year in the midst of a historically strong freight market, ACT Research reported.
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