Trade War Fears Slow Global Freight Growth Forecasts Cut

Trade War Fears Slow Global Freight Growth Forecasts Cut

US-led tariff actions are fueling global trade tensions, creating uncertainty for the freight economy. Fitch Ratings has lowered its US economic growth forecast, citing the trade war's potential to increase inflation and delay interest rate cuts. Declining consumer confidence could trigger an economic recession. Policy shifts are crucial to avert a recession, but the outlook remains unclear. The impact of the trade war is a significant factor contributing to the potential economic downturn, affecting both businesses and consumers.

Trade War Strains Global Freight Sector Amid Slow Growth

Trade War Strains Global Freight Sector Amid Slow Growth

US-led tariff actions have sparked trade war concerns. Reports indicate that these actions will reduce US and global economic growth, exacerbate inflation, and potentially lead to an economic recession. Business investment is declining, and consumer confidence is weakening. The uncertainty surrounding tariff policies poses a significant challenge to the freight economy, highlighting the urgent need for policy adjustments. The trade war's impact on global supply chains and international relations adds further complexity to the economic outlook.

US Trucking Freight Volume to Hit 14M Tons by 2035

US Trucking Freight Volume to Hit 14M Tons by 2035

The American Trucking Associations (ATA) forecasts continued growth in the trucking industry over the next decade, projecting nearly 14 million tons of freight by 2035, maintaining its dominance in the freight market. This forecast provides crucial insights for industry leaders and policymakers, helping them understand supply chain trends and prepare for future development. The report highlights the importance of trucking in the overall economy and underscores the need for strategic planning to accommodate the anticipated increase in freight volume.

ATA Forecasts 14M Tons in Trucking Growth by 2035

ATA Forecasts 14M Tons in Trucking Growth by 2035

The American Trucking Associations (ATA) forecasts that the trucking industry will maintain its leading position despite ongoing challenges. Freight volume is projected to reach nearly 14 million tons by 2035, dominating the freight market. The report highlights the critical role of trucking in the supply chain and provides valuable insights for industry leaders and policymakers. This forecast underscores the continued importance of trucking for the US economy and its vital contribution to the overall movement of goods.

US Manufacturing PMI Falls for Eighth Month Signaling Economic Concerns

US Manufacturing PMI Falls for Eighth Month Signaling Economic Concerns

The ISM Manufacturing PMI fell to 46 in June, marking the eighth consecutive month of contraction, according to the Institute for Supply Management. While new orders showed a slight rebound, demand remains weak. Businesses are expressing caution regarding the economic outlook. Experts anticipate continued economic weakness in the second half of the year, potentially leading to a 'soft landing' scenario and associated uncertainties. The prolonged contraction in manufacturing activity raises concerns about the overall health of the US economy.

US Services Sector Growth Hits Near Oneyear High in February

US Services Sector Growth Hits Near Oneyear High in February

The U.S. ISM Non-Manufacturing NMI index surged to 59.7 in February, a near one-year high, marking the 109th consecutive month of growth. This data, released by the Institute for Supply Management (ISM), signals a robust expansion in U.S. non-manufacturing activity. This positive trend may alleviate concerns about a potential economic slowdown and provide sustained momentum for the overall economy. The significant increase suggests continued strength in the services sector, a key driver of U.S. economic growth.

Global Firms Adapt Strategies to Fragmented Markets for Growth

Global Firms Adapt Strategies to Fragmented Markets for Growth

With a slow and divergent global economy, companies expanding overseas should focus on demand structures rather than just countries. EU carbon compliance transforms data chains into productivity, while freight rate divergence requires institutionalized hedging against delivery risks. Businesses should build carbon data systems to improve European access, strengthen compliance documents to reduce investment uncertainty, and manage delivery risks through multi-corridor strategies. By developing structured capabilities to address the new normal, companies can achieve sustainable growth.

Retailers Seek White House Help Amid East Coast Port Labor Dispute

Retailers Seek White House Help Amid East Coast Port Labor Dispute

The NRF is urging the White House to intervene in the labor negotiations between the ILA and USMX to avert a potential strike on October 1st. The NRF believes that a strike would severely damage the U.S. economy and is emphasizing the need for a swift agreement. The organization highlights the potential disruption to supply chains and the broader economic consequences of a port shutdown, urging immediate action to facilitate a resolution and prevent widespread economic harm.

US Ports Urge Senate to Address Waterway Infrastructure Crisis

US Ports Urge Senate to Address Waterway Infrastructure Crisis

The American Association of Port Authorities is urging the Senate to prioritize port infrastructure development, emphasizing its vital role in the U.S. economy. The association recommends directing Harbor Maintenance Tax revenue directly to the Army Corps of Engineers, authorizing the Corps' navigation project improvement recommendations, and streamlining the study process for channel improvements. These measures aim to enhance port efficiency and competitiveness, ultimately boosting economic growth and ensuring the smooth flow of goods through American ports.

Panalpina Rejects Dsvs Takeover Bid Shaking Global Logistics Sector

Panalpina Rejects Dsvs Takeover Bid Shaking Global Logistics Sector

Panalpina rejects DSV's acquisition offer, with the Ernst Göhner Foundation expressing its opposition. Panalpina insists on independent development and may explore future M&A opportunities. The logistics market is facing increasing competition, creating uncertainty about the future. The foundation's decision significantly impacts the potential deal, leaving Panalpina to navigate a challenging landscape as it seeks to maintain its position in the market. The refusal highlights the complexities of logistics mergers and acquisitions in a rapidly evolving global economy.

01/28/2026 Logistics
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