The week's highlights in potential economic indicators all show positive growth for both the trucking economy and the U.S. economy as a whole.
In a month in which the U.S. economy added 171,000 jobs, for-hire trucking companies added 3,600 payroll jobs in October, according to estimates by the Bureau of Labor Statistics on Nov. 2.
Three indicators of the trucking economy's current state and potential future trends show slightly mixed readings this week.
The amount of freight carried by the for-hire transportation industry fell 0.6 percent in August from July, declining after a one-month rise.
For-hire trucking companies added 700 payroll jobs in September on a seasonally adjusted basis as the overall U.S. economy added 114,000 nonfarm jobs.
Economic activity in the manufacturing sector expanded in September following three consecutive months of slight contraction.
Overdrive's Most Beautiful contest is back for a second year. Submit yourself or a female truck driver you know! The first-place winner will win a trip to The Great American Trucking Show in August and will be featured in a story in Overdrive. Submissions accepted through March 20.
Sign up to get Overdrive's daily newsletter.