US Freight Market Decline Stabilizes As Volumes Ease

US Freight Market Decline Stabilizes As Volumes Ease

The Bank of America Freight Payment Index indicates a continued decline in the US freight market, although the rate of decrease is slowing, potentially signaling a bottoming out. Key influencing factors include shifts in consumer spending patterns, macroeconomic headwinds, and internal industry competition. The Western region demonstrates relative stability. The report advises businesses to closely monitor market dynamics, adjust strategies, and prepare for future opportunities. The narrowing decline suggests a possible turning point, but vigilance remains crucial in navigating the evolving landscape.

01/28/2026 Logistics Industry Insights
Read More
US Trucking Market Shows Signs of Recovery Despite Challenges

US Trucking Market Shows Signs of Recovery Despite Challenges

The Cass Freight Index report for August indicates signs of recovery in the US freight market. Shipment volumes and expenditures increased month-over-month, although they remain down year-over-year. The report highlights drivers such as inventory rebuilding and e-commerce growth, while also pointing out challenges like port congestion and capacity shortages. The future market recovery faces uncertainties including the pandemic and geopolitical factors. Precise operations and digital transformation are crucial for enterprise development in this evolving landscape.

01/28/2026 Logistics Industry Insights
Read More
US Service Sector Growth Slows in March Raising Economic Concerns

US Service Sector Growth Slows in March Raising Economic Concerns

The ISM's March Non-Manufacturing Report indicates a slowdown in growth, despite the index remaining above the expansion threshold. Key indicators experienced a broad decline, and sector performance diverged. The report reflects uncertainty among businesses, but the overall economy demonstrates resilience. While economic growth is slowing, the underlying economy is still strong. Future developments require close monitoring to capitalize on emerging opportunities and navigate market fluctuations. The report suggests a need for businesses to adapt to the changing economic landscape.

01/28/2026 Logistics Industry Insights
Read More
US Nonmanufacturing Sector Expands Steadily in February ISM

US Nonmanufacturing Sector Expands Steadily in February ISM

The ISM report indicates that US non-manufacturing activity remained robust in February. While the NMI index slightly decreased, it remained above the expansion threshold. Industry development is diverse, with solid new orders and strong business activity. The employment market experienced slight fluctuations, but experts believe the overall trend is positive. The report conveys a cautiously optimistic signal, urging businesses to seize opportunities and flexibly respond to challenges. The sector continues to contribute significantly to economic growth despite minor variations in specific indicators.

01/28/2026 Logistics Industry Insights
Read More
US Services Sector Defies Economic Slowdown ISM

US Services Sector Defies Economic Slowdown ISM

The November US ISM Non-Manufacturing Report indicates continued solid growth, with the NMI index reaching 60.7. While business activity and new orders remained strong, the sector faces challenges including a skills shortage in the labor market and persistent upward pressure on prices. Tariffs and trade friction introduce uncertainty. Experts view the economic outlook as optimistic but emphasize the need to address these challenges. Businesses and policymakers should proactively respond to these factors to sustain growth and mitigate potential risks.

01/28/2026 Logistics Industry Insights
Read More
Trucking Demand Slows in July Amid Seasonal Decline Fuel Costs

Trucking Demand Slows in July Amid Seasonal Decline Fuel Costs

The DAT Truckload Volume Index indicated a cooling freight market in July due to seasonal factors, with declines across all equipment types. Spot rates continued to fall, highlighting persistent overcapacity. Rising fuel prices emerged as an unexpected variable, intensifying pressure on carriers. Shippers, carriers, and brokers are actively preparing for a market rebound. The overall trend suggests a period of adjustment as the industry navigates fluctuating demand and cost pressures. Monitoring these factors will be crucial for stakeholders in the coming months.

01/28/2026 Logistics Industry Insights
Read More
US Manufacturing Rebounds in June As ISM Data Rises

US Manufacturing Rebounds in June As ISM Data Rises

The June ISM report indicates a moderate recovery in US manufacturing, with the PMI index rebounding, driven primarily by new orders and production. Skills gaps are evident in the labor market, inventory management remains cautious, and prices are experiencing moderate increases. Experts believe the long-term trend is uncertain, with significant influence from external factors. Companies should closely monitor market dynamics, increase R&D investment, enhance employee skills, optimize supply chain management, and actively expand markets to seize growth opportunities.

01/28/2026 Logistics Industry Insights
Read More
Freightos Secures Funding to Advance Global Freight Digitalization

Freightos Secures Funding to Advance Global Freight Digitalization

Freightos digitizes international freight, offering a cloud platform, price index, and management software to enhance transparency and efficiency. Future trends include automation and intelligence. The platform aims to streamline the complex process of global shipping by providing real-time pricing and booking capabilities. This digital transformation of the freight industry promises to reduce costs, improve communication, and ultimately create a more efficient and reliable supply chain. Freightos is at the forefront of this evolution, driving innovation and shaping the future of freight forwarding.

01/28/2026 Logistics
Read More
US Freight Market Shows Signs of Recovery Amid Prolonged Slump

US Freight Market Shows Signs of Recovery Amid Prolonged Slump

Bank of America's Q2 Freight Payment Index indicates ongoing declines in US freight volumes and spending, albeit with slightly narrower decreases. Experts suggest the market may have bottomed out but still faces challenges from macroeconomic factors and shifting consumption patterns. Businesses should proactively respond by optimizing operations and capitalizing on opportunities like supply chain restructuring and e-commerce growth while awaiting market recovery. The report highlights the need for resilience and adaptation in a challenging economic landscape for the freight industry.

01/26/2026 Logistics Industry Insights
Read More
Sustainable Procurement Boosts Corporate Growth and Supply Chain Resilience

Sustainable Procurement Boosts Corporate Growth and Supply Chain Resilience

Recent research indicates that sustainable procurement is becoming standard practice for businesses, driven primarily by brand reputation, supply chain resilience, and green index rankings. Companies need to establish clear goals, assess supplier performance, build transparent supply chains, and strengthen collaboration to achieve economic benefits, social responsibility, and environmental protection. Sustainable procurement is a strategic choice for businesses looking towards the future. It's about integrating environmental, social, and ethical considerations into the purchasing process to minimize negative impacts and maximize positive contributions.

01/29/2026 Logistics Industry Insights
Read More