Logistics Managers' Index

Supply chain managers stockpiled goods again in February in efforts to outrun looming tariffs.

US freight market continued to face headwinds in Q4 2024 Data released Tuesday by freight audit and payment provider U.S. Bank showed a trucking industry continuing to battle a variety of headwinds. According to the latest U.S. Bank Freight Payment Index, shipment volumes fell 4.7% from the previous quarter, marking the 10th consecutive quarterly decline. […]

Sentiment around transportation prices surged in January, a monthly supply chain survey showed.

The Logistics Managers’ Index showed a near-term high for transportation pricing in December.

The November Logistics Managers’ Index showed a jump in transportation pricing even as capacity stepped higher.

October’s Logistics Managers’ Index showed supply chain managers expect transportation rates to move significantly higher over the next year.

There was no change in transportation capacity during September. That, coupled with further growth in pricing, signals the freight market may finally be climbing out of a prolonged downturn, a survey of supply chain executives showed.

The Federal Motor Carrier Safety Administration on Monday published a notice in the Federal Register that the state of Florida is seeking an exemption to the CDL testing regulation pertaining to skills testing.

Freight markets showed some signs of exiting a recession in August.

Media outlet TMZ reported that singer-songwriter Taylor Swift gave each truck driver who worked as part of her Eras Tour a bonus check of $100,000 before her Santa Clara, California, show last Saturday.

The freight recession’s impact on small fleets and owner-operators gained mainstream media attention on Monday with an article by Shannon Pettypiece, a senior policy reporter for NBC News. The article related the story of Arnesha Barron, a 39-year-old driver who in 2021 became an owner-operator after working at a trucking company for six years.

The Logistics Managers’ Index registered another all-time low in June as inventories throughout the supply chain continued to contract.

At the recent UBS Global Industrial and Transportation Conference, Heartland CEO Mike Gerdin and Vice President of Finance Josh Helmich highlighted freight market weakness and outlined the retention impact of their driver minimum pay program.

FreightWaves’ Noi Mahoney reports that, according to CargoNet data, a surge in cargo thefts near the end of 2022 led to an estimated $223 million in goods being stolen across Canada and the U.S. 

Persistently higher inventory levels are causing a drag on truckload tender volumes as 2023 begins. 2019 and 2018 SONAR data indicates we may approach levels of pre-pandemic seasonality, but higher truckload capacity will continue to negatively impact rates until enough truckload supply leaves the market.

Transportation prices fell at the fastest pace on record, according to the December Logistics Managers’ Index.

Supply chain data released Tuesday showed further loosening in transportation capacity while warehousing metrics tightened further.

Transportation data showed further loosening during July, according to a supply chain survey released Tuesday.

A supply chain survey released Tuesday showed market fundamentals continued to cool during June.

Capacity increased again in May, according to the Logistics Managers’ Index. However, the transportation market stabilized in the back half of the month.