Business, Logistics, Top 100

Unveiling the 2021 Top 100 For-Hire Carriers

UPS, which ranks No. 1 on the for-hire list, recently sold its LTL division UPS Freight to TFI. UPS, which ranks No. 1 on the for-hire list, recently sold its LTL division UPS Freight to TFI. (Tim Boyle/Bloomberg News)

The trucking firms that appear on the 2021 Transport Topics Top 100 For-Hire Carriers list are split nearly evenly between companies that reported a revenue decline in 2020 and those that still managed to grow during the year of COVID-19.

Seth Clevenger | Managing Editor, Features
June 18, 2021
Government, Business

Jobless Claims Rise for First Time Since April

A hiring sign is displayed in Vernon Hills, Ill., on June 11. (Nam Y. Huh/Associated Press) A hiring sign is displayed in Vernon Hills, Ill., on June 11. (Nam Y. Huh/Associated Press)

Applications for U.S. state unemployment insurance rose slightly for the first time since late April, likely a temporary blip for a labor market that’s otherwise improving as the economy reopens.

Olivia Rockeman | Bloomberg News
June 17, 2021
Government, Business

US Retail Sales Drop, Hinting at Shift to Spending on Services

A shopper views shoes at a store in New York in May. (Amir Hamja/Bloomberg News) A shopper views shoes at a store in New York in May. (Amir Hamja/Bloomberg News)

U.S. retail sales declined in May, after a stimulus-related splurge in the prior two months, suggesting consumers are starting to shift more of their spending to services as the economy reopens.

Olivia Rockeman | Bloomberg News
June 15, 2021
Government, Business, Fuel

Biggest Foreign Buyers of US Fuel Are About to Step on the Pedal

Gasoline demand is set to increase as vaccinations accelerate. Bloomberg News

Brazil and Mexico are beginning to emerge from the pandemic and that’s boosting demand for road fuel in economies that buy more U.S. gasoline and diesel than any other foreign nation.

June 14, 2021
Government, Business

US Initial Jobless Claims Decline for Sixth Consecutive Week

A vendor prepares cotton candy at a food stand in Myrtle Beach, S.C. (Micah Green/Bloomberg News) A vendor prepares cotton candy at a food stand in Myrtle Beach, S.C. (Micah Green/Bloomberg News)

Applications for U.S. state unemployment insurance fell for a sixth straight week, consistent with further improvement in the labor market and robust economic growth.

Payne Lubbers | Bloomberg News
June 10, 2021
Government, Business

Economists Brace for Another Volatile Monthly Jobs Report

An employee wearing a protective mask assists customers at a department store in Georgia. An employee wearing a protective mask assists customers at a department store in Georgia. (Dustin Chambers/Bloomberg News)

Economists, blindsided by a major miss in April’s U.S. employment report, are now ready for any number of surprises.

Olivia Rockeman | Bloomberg News
June 3, 2021
Government, Business

Jobless Claims Dip Below 400,000 for First Time in Pandemic

Employees sew fabric at a facility in Hickory, N.C. (Logan Cyrus/Bloomberg News) Employees sew fabric at a facility in Hickory, N.C. (Logan Cyrus/Bloomberg News)

Applications for U.S. state unemployment insurance dipped below 400,000 for the first time during the pandemic as hiring accelerates and the economy strengthens heading into the summer months.

Payne Lubbers | Bloomberg News
June 3, 2021
Government, Business, Technology, Equipment, Fuel, Logistics

GOP Offers $928B on Infrastructure, Funded With COVID Aid

Sen. Shelley Moore Capito speaks at the Capitol on May 27. (J. Scott Applewhite/Associated Press) Sen. Shelley Moore Capito speaks at the Capitol on May 27. (J. Scott Applewhite/Associated Press)

Republican senators outlined a $928 billion infrastructure proposal May 27 that would tap unused coronavirus aid, a counteroffer to President Joe Biden’s more sweeping plan as the two sides struggle to negotiate a bipartisan compromise and remain far apart on how to pay for the massive spending.

May 27, 2021
Government, Business

US Jobless Claims Fall Again to New Pandemic Low

A workers puts down a table cloth at a restaurant in San Francisco. (David Paul Morris/Bloomberg News) A workers puts down a table cloth at a restaurant in San Francisco. (David Paul Morris/Bloomberg News)

Applications for U.S. state unemployment insurance fell for a fourth consecutive week as more Americans get vaccinated and businesses reopen to eager customers.

Payne Lubbers | Bloomberg News
May 27, 2021
Government, Business

US Consumer Confidence Falls as Job, Income Prospects Ebb

Shoppers wearing protective masks carry bags in Walnut Creek, Calif., in April. (Bloomberg News) Shoppers wearing protective masks carry bags in Walnut Creek, Calif., in April. (Bloomberg News)

U.S. consumer confidence fell slightly in May for the first time this year as Americans were less optimistic about future job and income prospects but at the same time remain upbeat about current conditions.

Payne Lubbers | Bloomberg News
May 25, 2021

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