What is a leading Economic Indicator? A leading economic indicator is a measurable statistic or data point that is used to predict or anticipate future changes in the economy. Leading indicators are used by economists, investors, and policymakers to gain insight into the direction and strength of economic growth or contraction. Leading indicators typically change […]
It just never gets easier owning a small business, especially if you happen to own a small trucking company. Assuming you where lucky enough to survive all 2020 had to throw at you, you still can’t relax. Why? Because 2021 is going to have a whole new set of obstacles to through at you. First […]
Landstar Earnings Down Landstar reported earnings this week and to no surprise their earnings were down just as JB Hunt and other transportation companies are reporting reduced earnings amid a difficult transportation market place. Landstar President and Chief Executive Officer, Jim B. Gattoni, stated that both truckload volume and revenue per load were affected by […]
Heartland Express Earnings Miss A few days ago, JB Hunt missed their earnings estimates and now so has Heartland Express. Is this just a bump in the road or a sign of things to come? Heartland blames part of their earnings miss on a recent acquisition, but when you look at the numbers you can […]
Celadon – One of the Largest Trucking Bankruptcies in History After a series off issues came to light concerning previous financials and mis-management came to light, which included the arrest of two of Celadon’s previous executives, Celadon filed for bankruptcy this week. Once again drivers were left stranded without the ability to purchase fuel or […]
Key Indicators for April 2019. I was reading through the KBCM Fowler Key Freight Indicators for April 2019 and came across some interesting facts about the current transportation economy. Overall according to KBCM they felt the indicators pointed toward a continued moderate trend into April. They give a number of indicators in their report, but […]
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