Measures of supply chain bottlenecks, cargo transit times, bookings and spot rates are all down, yet inflation remains historically high.
The ghost of Paul Volcker is stalking truckload carriers as Fed Chairman Jerome Powell looks to his mentor’s 40-year-old strategy to quell inflation. The lagging impacts from the recent interest rate hikes will inevitably erode demand several months into the future.
Inbound container volumes into the U.S. bode poorly for future trucking volumes. Trucking is the critical node for transporting goods, handling over 70% of freight in the U.S. at a given time.
A severe recession deserves some mindshare among scenarios that could play out in coming months, ACT Research economist Jim Meil says.
If you’re an owner-operator, chances are that money-wise 2021 felt pretty good to you. Has 2022 been quite as generous?
The unrelenting rise of used truck prices in auctions and at retail appears to be immune even to the threat of an economic slowdown.
While there are other factors in driving up supply chain costs, it cannot be refuted that maritime costs are adding to inflation.
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 […]
New barometer from NY Federal Reserve highlights how extreme supply chain crunch has become.
F3 Virtual Experience trucking roundup Last week FreightWaves hosted the F3 Virtual Experience, which involved industry leaders discussing topics related to the future of freight, key factors impacting markets, industry […]
