ACT News Updates

Business

Factory Orders Drop in February in Latest Sign Economic Growth Slowed in First Quarter

New orders for U.S. factory goods fell in February and business spending on capital goods was much weaker than initially thought, the latest indications that economic growth slowed further in the first quarter.

April 4, 2016
Business

Manufacturing Expands for First Time in Seven Months

Manufacturing expanded in March for the first time in seven months, fueled by a surge in orders that signals American factories are emerging from their worst slump since the last recession.

April 1, 2016
Special Coverage, Business

Mixed Reviews from Small Fleets on ELDs: '10% of Our Force Quit,' Says One

COLUMBUS, Ind. — Small- and medium-size trucking fleets continue to wrestle with the federal electronic logging device mandate, with some finding pleasant surprises and others driven to despair and resignation, according to discussion here at an industry conference.

April 1, 2016
Special Coverage, Business

Expect GHG Rules to Spark Another Pre-Buy Truck Splurge Before 2021, Experts Say

COLUMBUS, Ind. — Regulation of greenhouse-gas emissions could increase the cost of a tractor-trailer combination by about $14,250 through 2027 and cause another pre-buy cycle of trucks similar to 2006-2007, participants at an industry conference said here.

March 31, 2016
Special Coverage, Business

Analysts See No Evidence of Looming Recession

COLUMBUS, Ind. — The well-established, yet not-at-all-dramatic U.S. economic recovery will probably avoid recession and instead keep chugging along at about 2% annual growth, said a trio of economic analysts.

March 31, 2016
Business

Manufacturing Recession Might Be Over, Goldman Sachs Says

Goldman Sachs projects that the ISM Manufacturing Purchasing Managers Index will break above 50, the level that separates contraction and expansion, in its March reading that is due out on April 1.

March 29, 2016
Business

Factory Production Rises in February for Second Month

Factory production rose in February for a second month, boosted by demand for business equipment and indicating U.S. manufacturing may be starting to stabilize.

March 16, 2016
Business

Express Freight Finance Starts Nationwide Factoring Service

Express Freight Finance has launched nationwide freight-bill factoring services for fleets, owner-operators, and freight brokers.

March 8, 2016
Business

Manufacturing Begins to Steady as New Orders Expand

Factory activity in February shrank less than forecast as gains in new orders and production provided signs that the beleaguered industry soon could stabilize.

March 1, 2016
Business, Government

Lawmakers Celebrate FAST Act, Say More Funding Still Needed

WASHINGTON — Congressional and state transportation leaders were patting one another’s back at a briefing here for their work twisting arms and shepherding passage of a $305 billion “historic” long-term highway bill known as the FAST Act.

February 29, 2016