Amid recession fears, industry experts reveal freight’s most untapped differentiator— next-generation weather technology.
Now that the supply chain “water line” has been largely but not entirely cleared, weakened demand and a strained economic environment have created a “recipe for the slowdown,” said OptiX executive Buddy Sexton.
WTO expects global trade to sink by at least 13% this year; oil demand are down 50% year-on-year; economists expect 25% decline in U.S. GDP in Q2.
Companies that have been outsourcing and far-sourcing their supplies might now look to source closer to their assembly line to have flexibility during times of disruption.
We kick off the week with headlines involving major trucking crashes in Pennsylvania and Indiana, the Drug & Alcohol Clearinghouse websites opening day struggles. Don’t worry, though, if you’re trying […]
Tata Steel is suffering from declining steel demand in Europe, brought about by an economic slowdown and uncertainties revolving the U.K. general elections and Brexit.
Today on FreightWaves NOW, we bring you the economic data that supports a broad slowdown. We examine the Laredo markets and analyze whether or not carriers really are pulling freight […]
Industrial output in the economy continued to struggle in March, as a stalled manufacturing sector continues to weigh on freight demand in the economy.
