The Logistics Manager’s Index (LMI) reads in at 56.4, down slightly (-0.1) from July’s reading of 56.5. The overall index has now increased for nine consecutive months. The index has been remarkably consistent, reaching 55.6, 55.3, 56.5, and 56.4 over the last four months as the logistics industry has continued its slow, steady expansion. The…
The National Restaurant Association’s Restaurant Performance Index (RPI) fell sharply in July due to broad-based declines in the current situation and expectations indicators. The RPI – a monthly composite index that tracks the health of the U.S. restaurant industry – stood at 97.7 in July, down 1.3% from 98.9 in June. Get the clearest, most…
Fighting fraud in trucking is a team sport, and according to Erika Voss, Chief Information Security Officer at DAT Freight & Analytics, slowing down is key. It’s easy to get caught up in the rush to book a load, but for carriers, the best advice is to take a moment to look more closely at…
A leading indicator of truckload demand, the New Orders component of the Institute of Supply Managers (ISM) Purchasing Managers Index (PMI) dropped 6% in August and 5% compared to a year ago. The ISM said its manufacturing PMI rose to 47.2 last month from 46.8 in July, the lowest reading since November. A PMI reading…