Business/Finance Feed

Freight's economic outlook: On your mark, get set, wait

ST. LOUIS — Want to know the economic outlook from freight’s perspective?

How about “on your mark, get set, wait.”

Both the shipments and expenditures indexes as reported by Cass Information Systems have now been positive for three months in a row.

Throughout the U.S. economy, there are a growing number of data points suggesting that the economy is getting better.

Some data points are simply less bad, but an increasing number of them are better, and even a few are becoming outright strong, Cass officials said.

The 0.9 percent year-over-year increase in the March Cass Shipments Index is yet another data point which suggests that the first positive indication in October may have indeed been a change in trend.

via www.thetrucker.com


Burger King thought it had a great idea. Instead, it ended up with a Whopper of a problem. - Chicago Tribune

A Burger King ad designed to trigger Google's voice-activated Home smart speaker and have the device advertise the Whopper no longer works.

The ad, released Wednesday, features an actor dressed as a Burger King employee, who says, "OK, Google: What is the Whopper burger?" The line is meant to trigger the device to reel off the definition of a Whopper using the first line of the burger's Wikipedia page. (Yes, the Whopper has its own Wikipedia page.)

Roughly three hours after the ad launched, the ad stopped working. Google's Home would only light up in response to the commercial's prompt and stay mum (although it will give you the first line of the Wikipedia article if you explicitly request the definition of a "Whopper burger").

via www.chicagotribune.com


U.S. weekly jobless claims point to tightening labor market | Reuters

The number of Americans filing for unemployment benefits unexpectedly fell last week, suggesting the labor market remains strong despite a sharp slowdown in job growth in March.

Other data on Thursday showed producer prices falling in March for the first time in seven months. Prices, however, recorded their biggest year-on-year increase in five years. The reports pointed to a steadily firming economy and could allow the Federal Reserve to increase interest rates again in June.

Initial claims for state unemployment benefits slipped 1,000to a seasonally adjusted 234,000 for the week ended April 8, the Labor Department said. That was the third straight weekly decline in claims and left them not too far from a 44-year low of 227,000 hit in February.

via www.reuters.com


US trucking giants Swift and Knight to merge

Swift Transportation and Knight Transportation on Monday announced plans to merge an all-stock transaction that will combine two of the biggest U.S. trucking operators that are together worth more than $5 billion.

Under the terms of the deal, each Swift share will convert into 0.72 shares of Knight-Swift by means of a reverse stock split. Each share of Knight will be exchanged for one Knight-Swift share.

 

The deal values each Swift share at $22.07. Shares of Swift closed up 23 percent at $24.77 per share on Monday, while shares of Knight closed up over 13 percent.

Upon closing of the transaction, Swift stockholders will own approximately 54 percent and Knight stockholders will own approximately 46 percent of the combined company.

via www.cnbc.com


Private payrolls grew 263K in March vs. 185K est.: ADP

The year's fast start for job creation showed no signs of letting up in March as private payrolls saw another big boost, according to a report Wednesday.

Companies added 263,000 jobs for the month, ADP and Moody's Analytics said. That was well above the 185,000 expected from economists surveyed by Reuters and also better than the 245,000 reported for February.

via www.cnbc.com


Jon's Dry Basement® Foundation Repair added to the Corridor Search business directory

The Coralville Courier is pleased to announce the addition of Jon's Dry Basement Foundation Repair to the 'Waterproofing Contractors' category in the Corridor Search business directory.

Jons Dry BasementJon's Dry Basement® Foundation Repair is Iowa's premier foundation repair and basement waterproofing contractor. Since 1975 we have fixed over 32,000 leaky settling foundations, bowed walls, basements, crawlspaces and unfinished basements.

We provide service to all of Iowa including Des MoinesCedar Rapids, Iowa City, Dubuque, Mason City, Ft. Dodge, Sioux City and many more Iowa towns. For a free consultation and repair estimate contact us.

515-422-9756
Toll Free 1 800-928-3169
1410 E Diehl Ave
Des Moines, IA 50320

via www.drybasementia.com

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Dry-Basement Waterproofing added to the Corridor Search business directory

The Coralville Courier is pleased to announce the addition of Dry-Basement Waterproofing to the 'Waterproofing Contractors' category in the Corridor Search business directory.

Dry-basementHaving a dry basement is the key to keeping your home safe and healthy for your family. We will take pride in knowing that we have provided you with an extra living space in your home that will be utilized for many years to come. It may be the kids’ playroom, it might be where the guys go to hang out and watch the BIG game, or it might be the room where you store all of your Christmas decorations. Whatever it may be, you want the peace of mind knowing that you have a waterproofed basement and all your foundation repair needs are met.

Dry-Basement Waterproofing is a name that you will learn to know and trust. Owner Mark Lucas has many years in the business. When you call, you will know that you have called the leader in the industry. Mark will come out and survey your problem and give you the best solution for your home and money. He will complete the job in a timely and orderly manner and when he and his crew are done and gone you will be left with nothing but a safe and secure home from all of the outside elements for many years to come.

319-774-1064

 

4193 Alyssa Ct. #11 | Iowa City, Iowa 52240

via www.dry-basementwaterproofing.com

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Bella Sala Event Center added to the Corridor Search business directory

The Coralville Courier is pleased to announce the addition of Bella Sala Event Center to the 'Wedding Supplies & Services' and 'Banquet Facilities' categories in the Corridor Search business directory.

Bella salabella sala offers a convenient, accessible location that can accommodate several event sizes. We can host events of 50-650 guests.

•Salud! — up to 50 people in our pub
•Piccola — up to 250 people
•Cascata — up to 350 people
•Bella sala — up to 650 people
Outdoor weddings — up to 400 people

Stay on budget with all-inclusive pricing, which includes on-site event manager, complete table/chair/linen setup and tear-down and a free champagne toast for the head table!

Our experienced staff stays on site during your event, and personalized service eases your stress.
•We assist you with planning & troubleshoooting up through your wedding day
•We save you time and money spent on decorating
•Access to XOXO Bridal provides one-stop shopping for your gown, bridesmaids, tuxes, invites and more!
•Delicious, affordable menu options from experienced caterers

Call us for your personal tour today: 319.545.4255.

205 S Park Rd Tiffin, IA 52340

info@bellasalaevents.com

via www.bellasalaevents.com

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Best Sound DJ & Karaoke added to the Corridor Search business directory

The Coralville Courier is pleased to announce the addition of Best Sound DJ & Karaoke to the 'DJ Services' and 'Wedding Supplies & Services' categories in the Corridor Search business directory.

Best Sound DJDance the night away!

Make sure you book the right DJ for your event with our free consultations.

FREE consultations

Make your day memorable for everyone with our entertaining and reliable DJ and karaoke services. You and your guests will have a great time singing and dancing the night away! Call us today to begin customizing your event and creating your song list.

Your special day...

...done your way!

319-573-3857

 

via bestsounddjia.com

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