Demand and supply are the driving forces behind everything in the trucking industry. They determine how many loads are available, what freight rates look like, and how easy or hard it is to find work. In this bonus
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Introduction Welcome to Part VI of our series, Unlock the Economic Secrets, where we delve into the economic indicators that shape the trucking industry. In this article, we’ll explore the Carrier Authority Entries and Exits report—a critical tool
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Welcome to the latest installment of our “Unlock the Economic Secrets” series. Today, we’re diving into an economic indicator that plays a pivotal role in the trucking industry—interest rates. Whether you’re a carrier, broker, dispatcher, or shipper, understanding
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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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