Aug. 10, 2022 – Some of the greatest corporate names in American business history have something in common – they can trace their origins back to the need to keep food fresh.
Steel output in the U.S. in the week ending July 30th fell by 7.3% compared with the same time frame in 2021, according to the American Iron and Steel Institute.
The U.S. Bank Freight Payment Index showed growth in Q2 2022 as another indication that a freight recession isn’t on the immediate horizon.
The Little Rock freight market might not be the largest in the South, but it is one of the few true intermodal markets for truckload carriers.
The housing market continues to cool following the 8% m/m decrease in the number of new single-family homes constructed in June.
“The industry shows signs of year-over-year growth, but when factoring in inflation rates of 7.4%, the industry is only growing 1.5% on a real basis,” according to Joe Pawlak, managing principal at Technomic
Industrial supply companies are reporting continued growth with their latest 2nd quarter results, suggesting that there isn’t a downward shift in demand yet.
In most years, summer produce volumes are so high that they drive up national truckload rates for reefer and dry van carriers, peaking around July 4. That didn’t happen this year.
The housing industry is one of the first to react to the continual Federal Reserve interest rate hikes.
Watermelons grow well in the widespread hot and dry weather prevalent this summer, and these conditions are bringing on the melons faster with a sweeter profile.
The May 2022 reading of the for-hire trucking ton-mile seasonally adjusted index produced by Yemisi Bolumole and Jason Miller at
Importers have been busy “front-loading” in the first half of the year, ordering as much inventory as possible in advance to avoid the supply chain delays that caused many shipping containers to arrive well past their due date.