The Logistics Manager’s Index recorded 52.9 in April 2024, down (-5.4) from March’s reading of 58.3, the highest growth rate in 18 months. This breaks four consecutive months of increasing expansion rates and is the slowest rate of growth observed so far in 2024. The slowed pace of growth is driven by a significant decrease…
Even though the National Ocean and Atmospheric Administration (NOAA) has yet to release its 2024 Hurricane season forecast, both AccuWeather and Colorado State University (CSU) are forecasting a “super-charged hurricane season” in 2024. The Atlantic hurricane season officially starts on June 1 and runs through the end of November. A super-charged hurricane season could spawn…
In April, residential housing construction for single-family homes was mostly flat sequentially but still 22% higher than last year. For flatbed carriers looking for demand signals of an improving truckload market, the April result shows the market is in a holding pattern now the Federal Reserve has indicated rate cuts may not occur this year…
Blueberry bushes can grow all over the U.S.; farmers in 26 states produce blueberries commercially. However, more than 98% of that production happens in just ten states, spanning the country from coast to coast: Oregon, Washington, Georgia, Michigan, California, New Jersey, North Carolina, Florida, Texas, and Minnesota. In Canada, British Columbia is the primary producing…