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Freight Market Outlook Shines Green Light for Fleets

Posted by TMW Systems on Aug 31, 2018

Where is the economy headed? Will shipper demand remain strong? What is the outlook for freight carriers?

These are burning questions for anyone in the transportation space, given the complex factors influencing today’s economy. A closer look at economic trend analysis provides some answers.

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Topics: Transport Economy, ELD Mandate, Transportation Industry and Trends

US GDP 2018: On the Transportation Economic Front

Posted by TMW Systems on Aug 09, 2018

Newly released figures from the Commerce Department showed the US economy was firing on all cylinders in the second quarter of the year, turning in its strongest performance since 2014.  The gross domestic product, the widest measure of the economy, increased at a 4.1% annual rate in April through June. That’s nearly double the upwardly revised first quarter rate of 2.2% and the third best growth rate since the end of the Great Recession in 2009.

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Topics: Transport Economy