On November 7, 2024, the Federal Reserve announced its latest interest rate decision, coinciding with the election of Donald J. Trump as the next President of the United States. Trump’s campaign promises—including tax cuts, deregulation, infrastructure investment, a
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[August 20, 2024] As we approach the final quarter of 2024, there are several key developments that carriers, brokers, and shippers should be aware of. This outlook will help you understand what to expect, how to navigate the
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In this extended bonus section, we’re diving deep into the complex web of economic indicators we’ve covered in our series: Each of these factors plays a critical role in shaping the trucking industry, but they don’t operate in
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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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