US Freight Spending Hits Record High Amid Economic Recovery

US Freight Spending Hits Record High Amid Economic Recovery

The Bank of America Freight Payment Index indicates substantial growth in both US freight spending and shipment volumes in Q3, signaling economic recovery. Freight spending experienced its largest increase in a decade, while shipment volumes saw a steady rise for the third consecutive quarter. Regional performance varied, with the Northeast showing the largest gains and the Southeast impacted by hurricanes. The report highlights positive signs of economic recovery, but also points to challenges facing the market. Overall, the data suggests a strengthening economy driven by increased freight activity.

01/28/2026 Logistics Industry Insights
Read More
US Freight Market Shows Signs of Recovery Amid Downturn

US Freight Market Shows Signs of Recovery Amid Downturn

The Bank of America Freight Payment Index indicates a continued decline in both freight volumes and spending in the US freight market, though the rate of decrease is slowing, suggesting a potential market bottom. Regional market performance is diverging, with shifts in consumer spending patterns and cost pressures being key factors. Experts recommend focusing on changes in consumer structure, cost control, technological innovation, and the policy environment to navigate market challenges.

01/28/2026 Logistics Industry Insights
Read More
US Freight Market Stabilizes Amid Weakness Bank of America

US Freight Market Stabilizes Amid Weakness Bank of America

Bank of America's Q2 Freight Payment Index reveals a continued decline in US freight volumes and spending, but the rate of decrease is slowing, potentially signaling a market bottom. Key influencing factors include shifts in consumer spending, debt pressures, and fuel prices. Looking ahead, attention should be paid to macroeconomic conditions and capacity adjustments. Freight companies should remain flexible to navigate market changes.

01/28/2026 Logistics Industry Insights
Read More
US Senate Passes Bill to Prevent Freight Rail Strike

US Senate Passes Bill to Prevent Freight Rail Strike

The US Senate passed a crucial bill to avert a freight railroad strike that threatened to cost the economy up to $2 billion daily. The bill, based on recommendations from the Presidential Emergency Board, addresses disagreements between unions and railroad companies over wages, sick leave, and work schedules. The agreement includes wage increases, bonuses, and improved working conditions, ensuring the continued stability of the economy. This action prevents significant disruptions to supply chains and avoids potentially devastating economic consequences.

01/28/2026 Logistics
Read More
US Rail Freight Carloads Rise Intermodal Declines in January

US Rail Freight Carloads Rise Intermodal Declines in January

According to the Association of American Railroads, U.S. rail freight performance in late January presented a mixed picture. Carload traffic increased by 3.3% year-over-year, driven by nonmetallic minerals and coal. However, intermodal traffic declined by 6.7%, reflecting softening consumer demand and ongoing supply chain challenges. Overall North American rail traffic saw a slight decrease. Key influencing factors going forward include the broader macroeconomic environment, supply chain resilience, the energy transition, and technological innovation.

01/28/2026 Logistics
Read More
North American Rail Freight Drop Hints at Economic Slowdown

North American Rail Freight Drop Hints at Economic Slowdown

Data from the Association of American Railroads indicates a decline in North American rail freight and intermodal volumes for the week ending October 8th, suggesting a potential slowdown in economic growth. While shipments of motor vehicles & parts, farm products, and petroleum products saw increases, volumes of chemicals and metallic ores decreased. Rail transportation companies need to proactively address these challenges and seize opportunities. Innovation and transformation are crucial for maintaining a competitive edge in the future.

01/28/2026 Logistics
Read More
US Freight Tonnage Rises Slightly As Inventory Woes Persist

US Freight Tonnage Rises Slightly As Inventory Woes Persist

American Trucking Associations data shows a slight rebound in freight tonnage in September, but it remains below historical highs. High inventory levels are a major concern, potentially impacting future freight volumes. The report emphasizes that businesses need to pay attention to the inventory-to-sales ratio, consumer confidence, and the global economic situation. Strengthening data analysis and optimizing supply chain management are crucial to navigate market challenges.

01/28/2026 Logistics
Read More
Pilot Freight Acquires DSI to Boost Ecommerce Lastmile Delivery

Pilot Freight Acquires DSI to Boost Ecommerce Lastmile Delivery

Pilot Freight Services has acquired DSI Logistics to enhance its last mile delivery capabilities, particularly for heavy and hard-to-handle goods. This acquisition will expand Pilot Last Mile's service coverage, making it the second-largest provider of last mile delivery services for oversized items in the US. The move aims to improve customer satisfaction, drive business growth, and lead industry development. The strategic acquisition strengthens Pilot's position in the e-commerce logistics landscape and allows them to better serve the growing demand for specialized last mile solutions.

01/28/2026 Logistics
Read More
Cargomatics Financial Struggles Highlight Risks for Freight Tech Sector

Cargomatics Financial Struggles Highlight Risks for Freight Tech Sector

Cargomatic, a short-haul freight mobile platform startup, is facing a funding crisis and management turmoil. Its strategy to transition to the long-haul freight market failed, reflecting the challenges of market acceptance, trust building, and business models in the freight tech industry. Intense competition prevails, and natural selection is inevitable. Companies need to deeply understand market demands and establish sustainable business models to thrive. The situation highlights the difficulties in scaling and adapting within the rapidly evolving logistics technology landscape.

01/28/2026 Logistics Industry Insights
Read More
Guide to Secure Ocean Freight Packaging for Global Shipping

Guide to Secure Ocean Freight Packaging for Global Shipping

International sea freight packaging is crucial. This article delves into the universal requirements of sea freight packaging, such as compression and moisture resistance, and compliant labeling. It provides tailored packaging techniques for various categories, including cross-border e-commerce, home building materials, electronics, food and cosmetics, dangerous goods, and bulk cargo. The importance of avoiding over-packaging and standardizing packaging is emphasized, along with the necessity of entrusting professional service providers. The goal is to help ensure the safe arrival of goods at their destination.

01/29/2026 Logistics Encyclopedia
Read More