Dry Van Report: Demand for cardboard boxes falls to recessionary levels
New manufacturing orders contracted for the 11th consecutive month in July, according to the Institute for Supply Management (ISM) Purchasing Managers Index (PMI). The July New Order Index reading came in at 47.3%, up 1.7% m/m. New order level contraction slowed compared to June as ISM survey panelists’ companies continued to deal with uncertain customer…