Consumer spending
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Logistics
What does current consumer sentiment mean for the freight industry?
A return to typical consumer spending drives conventional freight market conditions but the process of returning to normal has been anything but conventional.
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Container
Are you shipping me?!? $32,000 container move from China to LA
We have a new winner in the ocean shipping game of “How High Can Rates Go?” — about 15 times higher than before the COVID…
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Modern Shipper
Affirm Holdings acquires e-commerce returns specialist Returnly
Affirm Holdings, which specializes in “buy now, pay later” solutions, has acquired leading e-commerce returns provider Returnly.
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News
Consumers take a breather, freight volumes push higher
Consumer spending tapered off this week, but the savings rate is so high, Americans have a war chest unlike in any recent period. And, inventories…
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Chart of the Week
Trucking gets another shot in the arm from quarantined consumers
The relationship between personal consumption and trucking demand has strengthened even further as companies struggle to maintain inventory. This suggests a very active spring and…
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News
Backdrop for carriers picture perfect as produce season begins
Service-based spending categories like airlines, lodging and restaurants all were positively impacted by the stimulus, but the top 5 biggest growth segments came in goods.…
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News
Imports ‘to set new monthly records from now into the summer’
This is an excerpt from Monday’s (3/29) Point of Sale retail supply chain newsletter sponsored by ArcBest. Yee-HAW, people. The third round of fiscal stimulus is causing an…
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News
Stimulus round 3 provides huge boost to consumer economy — freight volumes are next
The stimulus is providing a huge boost to Americans, who by and large, still remain unable to spend on big-ticket services like concerts, sporting events…
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News
Freight markets need another source of demand
We may be seeing signs of a traditional January lull, but at a much higher level than years past. On a rejection-adjusted basis, tender volumes…
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Newsletters
Despite losing momentum late, holiday sales surprise to the upside
Despite losing momentum sequentially for the last three months of the year, holiday sales grew 8.3% year-over-year. The surprising data is further evidence of the…
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