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Category: Market Update

Dry van report: Two consecutive months of increasing expansion in the LMI

The May 2025 Logistics Manager’s Index (LMI) rose to 59.4, up 0.6 points from April, marking two months of expansion

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Reefer report: Grilling season heats up

Grilling season in the United States typically stretches from Memorial Day to Labor Day, covering late May through early September.

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Flatbed report: Tariff-driven pull-forward drives up April’s truckload ton-mile index

In April 2025, the seasonally adjusted Trucking Ton-Mile Index (TTMI), authored by Professor Jason Miller and Yemisi Bolumole at Michigan

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Flatbed report: Manufacturing contracts in May for the third consecutive month

The Manufacturing PMI dipped to 48.5 percent in May, falling from April’s 48.7 percent, as reported in the Manufacturing ISM

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Reefer report: Food prices are up, but not because of tariffs

Food prices are rising ahead of Independence Day, but not because of tariffs—inflation and supply-demand dynamics are the main drivers.

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Dry van report: The future looks bright for recreational travel amidst economic uncertainty

Driving through Indiana on I-80, the sheer number of RVs near Elkhart, the “RV Capital of the World,” was striking.

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Reefer report: The sweetest of seasons has arrived

The U.S. cherry season starts in mid-May in California, moving to the Pacific Northwest for its peak from June to

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Flatbed report: Tariffs and economic anxiety weigh on farm equipment sales

Canadian agricultural tractor sales saw a 3.4% increase year-to-date through April, with 4-wheel-drive tractors surging by 46.3%. In contrast, U.S.

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Dry van report: Contract freight tonnage slips in April

US truck freight tonnage experienced a 0.3% decline in April 2025, following a 1.5% decrease in March, according to the

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Reefer report: Trade policy expected to alter freight networks for agricultural imports

Agricultural imports are a crucial driver of year-round freight demand, especially for reefer and port-connected truckload carriers. Amidst trade uncertainties,

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Dry van report: Truckload volumes into the Arizona desert are heating up

According to data from the Commerce Department, Arizona is recognized as the capital of foreign trade zones in the United

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Flatbed report: Truckload demand posts its second successive quarter of improvement

Seasonally adjusted trucking ton-mileage improved for the second consecutive quarter in Q1 2025, showing a 0.3% increase quarter-over-quarter and a

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