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State of Logistics Report highlights the challenges facing the truckload sector, the largest segment of the $387 billion trucking market. With tariffs on foreign goods affecting freight volumes, major ...
Various business and industry concerns issued positive support in regards to the United States Senate voting to pass the budget reconciliation bill, also known as the “One Big Beautiful Bill.” With ...
Third-party logistics (3PL) providers are grappling with geopolitical instability, fluctuating tariffs, rising costs, and labor shortages, while also facing pressure to accelerate e-commerce order ...
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.
The global airfreight market, valued at $319.4 billion in 2024, is projected to reach $492.7 billion by 2033, with a compound annual growth rate (CAGR) of 4.9%. While air cargo volumes have shown ...
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