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Services sector activity returned to growth in June, following contraction in May, for the first time after 10 consecutive months of growth, according to the new edition of the Services ISM Report on ...
With the United States House of Representatives following the Senate’s lead, the federal reconciliation bill, also known as the “One Big Beautiful Bill,” will now head to President Trump’s desk to be ...
FTR reported that preliminary June Class 8 truck net orders, at 8,900 units, fell 25% compared to May and were down 36% annually. ACT reported that preliminary Class 8 orders, at 9,400 units, fell 36% ...
The Teamsters said earlier today that UPS is preparing to roll out later this month what it called “an illegal plan” to buy out full-time Teamsters-represented UPS employees, labeling it a corporate ...
Rail carloads, at 225,227, were essentially flat annually, up 0.005%. Intermodal containers and trailers, at 266,197 units, fell 0.3% annually ...
FedEx said that this new pricing and rating structure is for parcel pickups in the United States and Canada. And it added that this new rating structure will charge weekly for regularly scheduled (U.S ...
There were 2.3 million loads on the DAT One network during the week of June 22-28, the last full shipping week before the July 4 holiday,” said DAT. That’s 14% higher than the previous week, 2% less ...
The global airfreight market, valued at $319.4 billion in 2024, is projected to reach $492.7 billion by 2033, with a compound ...
Rising 20.4 cents, the national average came in at $3.775, following a 10.0-cent increase, to $3.571, for the week of June 16 ...
The report’s benchmark reading, the PMI, came in at 49.0 (a reading of 50 or higher indicates growth), up 0.5% from May’s 48.5 reading, which was off 0.2% from April’s 48.7 reading.
Falling 4.8 cents, the national average came in at $3.727. This followed a 20.4-cent increase, to $3.775, for the week of June 23.
36th Annual State of Logistics: Tariffs and market uncertainty challenge LTL carriers’ profitability
The $66 billion less-than-truckload (LTL) market is facing a turbulent year, with tariffs and economic uncertainty significantly impacting profitability. Analysts predict a challenging environment for ...
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