Economists expect home prices to bottom by 2013 and will have an impact on the moving and storage industry since they are so connected to each other. Economists predict home prices nationwide will drop slightly in 2012, falling 0.4 percent for the year, according to the latest realtor survey – Zillow...
Read morePending sales of existing homes, a better gauge of current sales activity, rose in June and contracts signed were up by double digits from year-ago levels, according to the National Association of Realtors. The trade group’s monthly report on pending sales, or contracts signed but sales not yet closed, rose...
Read moreTruck shipments fell for the second consecutive month in May, according to the American Trucking Associations. The trade organization reported Monday that its advance seasonally adjusted For-Hire Truck Tonnage Index fell 2.3 percent in May, building on a revised April tonnage decline of 0.6 percent, slightly better than the...
Read moreTrucking companies have more trouble keeping long-haul drivers ~ ATA says Turnover for long-haul drivers in large truckload fleets hit an annualized rate of 75 percent during the first three months of the year, the American Trucking Association. That’s a leap from the low of 39 percent during the...
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