February 2025 Market Update

February 2025 Market Update Transportation Trends General Outlook Inflation jumped 3.0% in January, compared to December. Increased food and energy prices had a big impact on the inflation increase. January job market data showed strength as the unemployment rate fell 4%. Retail and other service sectors had the largest jump based on an increase in […]

January 2025 Market Update

January 2025 Market Update Transportation Trends General Outlook Inflation dropped to 2.9% in December. This was still above the Federal Reserve’s target rate of 2%. Spending per household increased by 2.2% in 2024. Spending was up 0.7% in December 2024, compared to November 2024. The current Unemployment rate is 4.1% Unemployment rate remains relatively stable […]

All Shipping Solutions Are Not Created Equal

The food and meat supply chain industry is at a pivotal moment as technology advancements reshape the way businesses operate. Not to mention, refrigerated or reefer shipping comes with its own set of unique requirements, compliance standards, and challenges that set it apart from regular shipping. Maintaining precise temperature ranges and adhering to strict food safety regulations requires food shippers to navigate complexities that demand specialized technology and processes, and failure to comply can lead to significant financial losses, strained relationships with retailers, and reputational damage.

December 2024 Market Update

December 2024 Market Update Transportation Trends General Outlook November added 227,000 jobs, however, unemployment rose to 4.2%. Manufacturing production increased by 0.2% in November. Manufacturing is still down 1% year-over-year Mortgage rates on a 30-year fix fell by 18 basis points in November to 6.6%. This is still high when compared to historic levels. LTL […]

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 […]

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