Tariffs and a confounding trade policy have helped boost import demand in the first half, but that appears to be settling out to finish the year.
Demand for loads moving less than 100 miles has been resistant to the intermodal shift. Its representation of consumer and manufacturing activity could be the key to staying on top of the economy amid extreme uncertainty.
There is more than meets the eye looking at the aggregate inventory level data. Retailers are shedding goods at a faster rate than their upstream counterparts, making the total look like a wash. This bodes well for 2025 from an economic perspective.
A number of consumer-facing companies have pointed to intensifying spending weakness during Q2 earnings season.
Companies expecting a near-term demand recovery might be well served to read Visa’s Q1 earnings call transcript.
A year ago, shippers were in scrums to find cargo space on airlines. The market has softened considerably and 2023 could see more declines before things get better.
The Georgia Ports Authority last month handled 464,883 twenty-foot equivalent units, a decline of 6.2% from the 494,699 TEUs moved in November 2021.
Truckload capacity has been extremely difficult to secure over the past 18 months, but the tender data shows things may be changing, rapidly.
Driver recruiting challenges, pay and demographics trends Driver recruiting remains a key challenge heading into 2022 due to pandemic, demographic and economic trends. Pay and wages remain a central theme in both driver recruitment and retention, with carriers raising base driver pay multiple times in 2021 to keep up with demand. These pay raises are […]
After a year of record demand, shippers are hesitant to pull their feet off the accelerators heading into the “slow” season.
“Today we are in the seventh month of a historic import surge driven by unprecedented demand by American consumers,” says Gene Seroka.
High shipping costs are hitting transportation budgets hard.
The U.S. is experiencing an import surge.
