Here is an update on key economic indicators we’ve been talking about that affect the trucking industry and worth keeping an eye on. In the near future we will bring them all together to interpret what you see to
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Dr. Zac Rogers is one of five professor authors of the LMI. Take a listen to his explanation of the July 2024 LMI results and what it tells him about the second half of the year. Click here:
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Welcome back! This is Part IV of our “Unlock the Economic Secrets” series. Today, we’re diving into the Logistics Manager’s Index (LMI) and how it can help you get better-paying loads, optimize operations, and maintain consistency in your
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In the fast-paced world of trucking and freight transportation, staying organized and maintaining strong relationships with clients is crucial for success. But with so many moving parts—literally and figuratively—it can be challenging to keep track of everything. That’s
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Welcome back! This is Part III of our “Unlock the Economic Secrets” series. As a carrier do you wonder why there are ups and downs in finding loads and you feel like you are not getting paid what
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Below is a list showing the change in price (a Consumer Price Index (CPI) measurement) of various items for June 2024. These changes in price can significantly impact consumer spending habits. An increase in price may explain a
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This is part II of our series on understanding economic indicators and their impact on the trucking industry. Our first post introduced the series and discussed the importance of the following indicators: CPI, PPI, LMI, interest rate, trucking
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Why Economics Matter in Trucking You’ve probably noticed how at times our selective hearing defaults to fading out economic chatter from our consciousness, until economic shifts start to directly affect our daily lives, as in our wallet, conveniences
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Fraud is not a new phenomenon; it has plagued personal and business domains for centuries. Mark Twain’s existential commentary in The Mysterious Stranger resonates with today’s challenges: “What is man? A fraud? A liar? A crook? His finest
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