Consumer spending drove freight growth in 2020
Consumer spending on goods drove the majority of the freight boom in 2020. Will this trend last in 2021?
Consumer spending on goods drove the majority of the freight boom in 2020. Will this trend last in 2021?
Imports of nondurable goods are outperforming durable goods imports this month, which may indicate warehouses are full of their durable counterparts due to lack of demand.
Durable goods and dry van orders are declining. Could this mean a rough second half of 2019?
Redwood Logistics spoke on the importance of technology in the retail supply chain at the 2019 LINK supply chain conference in Orlando.
Despite the temporary end to the government shutdown announced late Friday, the U.S. Census Bureau failed today to release its report on manufacturers’ durable goods shipments, inventories, and orders for the month of December 2018.
Factory orders for durable goods rose in August, driven by a large increase in commercial aircraft orders. Orders historically are a leading indicator of future shipments, and August’s results suggest that freight demand on the durable side of the economy should remain solid.
Output from the nation’s industrial sector climbed for the third consecutive month, as broad gains across industries helped compensate for a lull in auto production. This serves as yet another sign that freight demand will remain solid in the 2nd quarter.
Factory orders for durable goods bounced back after a large decline in the previous month. Gains during the month were broad based in a sign that freight demand should be solid in upcoming months
Total factory orders declined in January, in a sign that surging demand for freight carriers may ease slightly in upcoming months.