The Logistics Managers’ Index , which provides insights into the logistics industry by surveying over 100 professionals, came in at 59.7 in August, down from July’s reading of 60.7.
The American Trucking Associations’ (ATA) advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index fell 1.1% in July after rising 0.5% in June.
The addition of 15 ship-to-shore cranes that now stand 155 feet above the wharf deck allows the Port of Charleston to work the East Coast’s biggest ships.
US export volumes have been on a downward trend since 2020 and are not showing any signs of a course change.
Comparing this to last year’s January-to-July import volume, 48% went to the west coast while 43% went to the east coast.
While at record levels, inventories are increasing only slightly more quickly than one year ago.
The American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index showed the tenth straight year-over-year gain and the largest since June 2018.
Industrial supply companies are reporting continued growth with their latest 2nd quarter results, suggesting that there isn’t a downward shift in demand yet.
The May 2022 reading of the for-hire trucking ton-mile seasonally adjusted index produced by Yemisi Bolumole and Jason Miller at
Inventory levels are creating ripple effects across the transportation sector.
By Christina Ellington The latest durable goods manufacturers’ shipments, inventories, and orders report indicate that freight volume hasn’t declined yet.
By Christina Ellington The American Trucking Associations’ (ATA) advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index decreased 0.5% in May