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February Economic Roundup: A Look At What's Ahead
Friday, February 1, 2019 - 12:47pm | 1846Read More...As part of FreightWaves overall coverage of freight markets, it publishes a summary of the changes in the economy over the past month, both in terms of the data releases and in developments in public policy. The Economic Roundup is designed to synthesize the events of the past month as they relate...
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Jobs Report Beats Expectations, Adding To Week Of Market-Boosting Economic News
Friday, February 1, 2019 - 11:27am | 1642Read More...As a new month got underway, investors had their second helping of big economic news this week in the form of the government’s jobs report for January, which came after the Fed meeting earlier this week helped boost the market. For the second month in a row, job creation in the United...
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Earnings, Volatility, Brexit Are Key Topics Heading Into February
Thursday, January 31, 2019 - 4:05pm | 2119Read More...February could bring a heaping plate of geopolitical drama to markets around the world, potentially helping to end a brief calm that settled over January. As the month starts, markets were basking in the Federal Reserve’s decision to hold interest rates steady, along with better than expected...
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Deal To Reopen Govt. Boosts Wall Street As Trade, Fed News Also Help
Monday, January 28, 2019 - 11:34am | 2105Read More...It’s crunch time, and that doesn’t just mean the crunch of snow under boots as more snow and extreme cold blow into much of the country. This is arguably the most crucial earnings week of the season, with names ranging from Boeing Co (NYSE: BA) to Apple Inc (NASDAQ: AAPL) to...
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Retailers And Shippers Still In The Dark Despite Shutdown Deal
Friday, January 25, 2019 - 9:01pm | 531Read More...Despite the temporary end to the government shutdown announced late Friday, the U.S. Census Bureau failed today to release its report on manufacturers' durable goods shipments, inventories, and orders for the month of December 2018. "If you're a shipper, you likely use the data...
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Government Shutdown Takes Toll On Safety
Friday, January 25, 2019 - 6:58pm | 821Read More...The ability to prevent a catastrophic freight accident took a serious hit during the 35-day partial government shutdown as agencies in Washington, D.C. tasked with regulating safety struggled to operate with limited personnel. President Trump announced today he would reopen the government for three...
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Stock Market Gets Lift On Deal To Reopen Govt.; Positive Trade, Fed News Also Help
Friday, January 25, 2019 - 6:48pm | 2137Read More...Stocks finished the week on a high note as cautious optimism from earlier in the week ended with solid gains. Buying momentum continued amid news of a deal to temporarily reopen the U.S. government, positive commentary from the administration on the U.S.-China trade front, and a report that the Fed...
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Delays At LaGuardia, Newark, Philadelphia Concern Air Freight
Friday, January 25, 2019 - 4:09pm | 575Read More...The Federal Aviation Administration (FAA) announced on Twitter on Friday morning that delays would affect LaGuardia International Airport and Newark Liberty International Airport due to the effects of the government shutdown, potentially delaying air cargo operations at these airports. "My...
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EUR/USD Forecast: Only A Dead Bounce As Downside Risks Dominate
Friday, January 25, 2019 - 12:28pm | 625Read More...EUR/USD is trying to recover after suffering from USD strength. A light calendar allows sentiment to make its mark. The technical picture is bearish for the pair. EUR/USD stabilizes above 1.1300 after dipping below the round number late on Thursday in a volatile session. However, the move up from...
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Market Looks To End Week On High Note Amid Potential Progress On Ending Shutdown
Friday, January 25, 2019 - 12:03pm | 1790Read More...U.S. market participants awoke to a trio of positive news tidbits touching on the partial government shutdown, trade war, and Fed policy even as sentiment from a largely positive earnings season continued to provide momentum. On the political front, senators from both sides of the aisle said they...
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USD/CAD Forecast: Canadian Data Curbs CAD's Enthusiasm, GDP Eyed
Friday, January 25, 2019 - 11:15am | 898Read More...USD/CAD advanced on weak Canadian data, as oil failed to advance. Canadian GDP stands in a week dominated by the Fed. The technical picture is mixed for the pair. This Was The Week: Weak Data All Around The Canadian Dollar was on the back foot as data missed expected. Manufacturing Shipments fell...
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Port Report: Charleston Looks To Relieve Truck Traffic With Barge Service
Thursday, January 24, 2019 - 1:05pm | 827Read More...South Carolina's Charleston region is the latest coastal city looking to tap underutilized waterways for moving freight, and hopefully find more success than earlier projects. The Port of Charleston is looking to add a wharf space to the Wando Welch marine terminal for loading marine containers...
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EUR/USD Forecast: Pressured By PMIs, Fearing Draghi's Drag
Thursday, January 24, 2019 - 12:14pm | 528Read More...EUR/USD is retreating from the highs it reached on Wednesday. All eyes are on the European Central Bank. The technical picture is mixed for the pair. EUR/USD is trading above 1.1350 but retreats from its previous attempts to break above 1.1400. The US Dollar is gaining a bit of ground across the...
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Market Seems Generally Pleased With Earnings Results, But Geopolitics Still Weigh
Thursday, January 24, 2019 - 11:58am | 1483Read More...Earnings reports from major companies seem to generally be providing a positive counterpoint to ongoing geopolitical anxieties. But market gains have been slight as concerns about global economic growth linger as the U.S.-China trade war shows little sign of a resolution, the U.S. government...
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Unpaid Coast Guard Workforce Slows Maritime Business
Thursday, January 24, 2019 - 10:41am | 750Read More...U.S. vessel construction, sales, repairs and financing – and the transportation economy that relies on them – are caught in the fallout of the partial federal shutdown that's now over a month long. Along with actual U.S. maritime operations – which is becoming increasingly...













