November 2024 Market Update
November 2024 Market Update Transportation Trends General Outlook The Federal Reserve is expected to cut interest rates by 50 basis points by the end of 2024. 1% unemployment rate as we head into the end of the year. Inflation remains above 2%, rate cuts could help boost consumer spending heading into the holiday season. Industrial […]
October 2024 Market Update
October 2024 Market Update Transportation Trends General Outlook Inflation continues to fall as we head into Q4, and more interest rate cuts are likely to make an impact to the market in 2025. Unemployment fell to 4.1%, with the labor force participation keeping strong at 62.7%. New Orders increased in September 1.5 points making the […]
September 2024 Market Update
September 2024 Market Update Transportation Trends General Outlook The Federal Open Market Committee (FOMC) announced a 50-basis point cut to the federal fund rates. The target range is now between 4.75%-5%. Unemployment fell to 4.2%, with the labor force participation keeping strong at 62.7%. New Orders fell in August dropping 2.8 points making the mark […]
NMFTA Plans Additional LTL Changes for 2025
In 2025, the National Motor Freight Traffic Association (NMFTA) plans to roll out additional changes to how we classify different commodities in the Less-than-Truckload (LTL) environment. These plans support the NMFTA’s ongoing migration to shifting more products into density-based freight classifications. The NMFTA has stated that the changes will occur in phases, with the first series of changes going into effect on Saturday, May 3, 2025.
August 2024 Market Update
August 2024 Market Update Transportation Trends General Outlook Labor market continues to add jobs. Jobless claims dropped 17k indicating some stabilization in the market. Inventory levels for customers remained jumped slightly over what we saw from June to July. Overall import volume increased, as we get closer to Q4. The Federal Reserve: Inflation still tracking […]
Dynamic Logistix Ranks No. 2892 on the 2024 Inc. 5000
Inc. magazine revealed today that Dynamic Logistix (DLX) ranks No. 2892 on the 2024 Inc. 5000, its annual list of the fastest-growing private companies in America. This prestigious ranking offers a data-driven look into the most successful companies in the economy’s most dynamic sector—independent, entrepreneurial businesses. House-hold name brands like Microsoft, Meta, Chobani, Under Armour, Timberland, Oracle, and Patagonia all first gained national recognition as Inc. 5000 honorees.
Dynamic Logistix Crowns Five Companies as Carriers of the Year
DLX’s Carrier of the Year program was designed to recognize top performing carriers across all sizes and modes of transportation. Winning carriers were selected based on their exceptional performance during the 2023 calendar year across five key evaluation areas: communication, reliability, collaboration, technology adoption, and accuracy.
Dynamic Logistix Names George Schergen as Chief Client Officer
Dynamic Logistix (DLX), a leading third-party logistics provider that combines world-class technology with stellar personal service, is proud to announce it has named George Schergen as Chief Client Officer.
