Fourth-quarter 2024 earnings reports from leading trucking and logistics companies revealed muted demand amid a challenging freight backdrop. However, a theme of cautious optimism emerged, with many executives anticipating low-to-mid-single-digit increases in volume and mid-to-double-digit rate increases ... READ MORE >
logistics
Activity at top 10 U.S. ports signals softening economy; manufacturing activity contracts
In another sign that the American economy is slowing, February inbound container shipments at the top 10 U.S. ports hit their lowest level since before the pandemic, according to the latest available port data aggregated by Bloomberg. Inbound container shipments are seasonal in nature, and February is ... READ MORE >