lmi

Q4 freight market continues to face headwinds

US freight market continued to face headwinds in Q4 2024
(Source: U.S. Bank)

Data released Tuesday by freight audit and payment provider U.S. Bank showed a trucking industry continuing to battle a variety of headwinds. According to the latest U.S. Bank Freight Payment Index, shipment volumes fell 4.7% from the previous quarter, marking the 10th consecutive quarterly decline. Spending by shippers also decreased, albeit at a slower rate of 2.2%.

“It’s clear there are both cyclical and structural...

https://www.freightwaves.com/news/q4-freight-market-continues-to-face-headwinds

Pricing index logs fastest growth rate since freight recession began

Transportation prices jumped in January, according to a monthly survey of supply chain managers. The Logistics Managers’ Index released Tuesday showed sentiment around transportation rates was at the highest level since April 2022 – the start of the freight recession.

A 70.4 reading for pricing was 3.5 percentage points higher than in December. The subindex has been in expansion territory for 12 of the past 13 months.

The LMI is a diffusion index wherein a reading above 50 indicates expansion...

https://www.freightwaves.com/news/pricing-index-logs-fastest-growth-rate-since-freight-recession-began

Los niveles de inventario sugieren que la demanda no será una preocupación a principios de 2025

Gráfico de la semana: Índice del administrador logístico: niveles de inventario SONAR: LMI.INVL El índice del gerente de logística (LMI) que mide los niveles de inventario fue 50 en diciembre, lo que indica que los inventarios totales se mantuvieron esencialmente estables en comparación con noviembre. Esto sugiere que las empresas pronosticaron con precisión la demanda […]

Esta entrada Los niveles de inventario sugieren que la demanda no será una preocupación a principios de 2025 Aparece primero...

https://fullavantenews.com/los-niveles-de-inventario-sugieren-que-la-demanda-no-sera-una-preocupacion-a-principios-de-2025/?lang=es

Inventory levels suggest demand will not be a concern in early 2025

Chart of the Week: Logitsics Manager’s Index – Inventory Levels SONAR: LMI.INVL

The Logistics Manager’s Index (LMI) component measuring inventory levels was 50 in December, indicating that total inventories were essentially flat compared to November. This suggests that companies accurately forecasted demand for the holiday season. However, a closer look reveals a stark divergence between upstream and downstream inventory levels, suggesting significant freight movement opportunities in early 2025.

https://www.freightwaves.com/news/inventory-levels-suggest-demand-will-not-be-a-concern-in-early-2025

Transportation pricing index hits highest level since freight recession began

The growth rate of transportation prices surged to a more than two-year high in December, according to a monthly survey of supply chain managers.

The Logistics Managers’ Index showed sentiment around transportation prices stood at 66.8 during the recent month, up 3 percentage points from November and the highest growth rate posted since April 2022. Strong consumer demand and record e-commerce deliveries were cited as the reasons for the acceleration in the pricing index.  

The LMI is a diffusion...

https://www.freightwaves.com/news/transportation-pricing-index-hits-highest-level-since-freight-recession-began

November Class 8 Orders see positive momentum amid tariff uncertainty

November Class 8 Orders see positive momentum amid tariff uncertainty

Preliminary Class 8 order numbers look promising for November but remain lower compared to last year, according to recent data from ACT Research and FTR Transportation Intelligence. ACT Research reported November preliminary Class 8 orders at 37,200 units, a 21% increase from last month but 11% lower than last year. Kenny Vieth, president and senior analyst at ACT Research, wrote in the release, “We are still in the early...

https://www.freightwaves.com/news/november-class-8-orders-see-positive-momentum-amid-tariff-uncertainty

Transportation pricing up again in November, sentiment survey shows

Transportation capacity was up slightly in November, but pricing remained firmly in expansion territory, a Tuesday sentiment survey revealed.

The Logistics Managers’ Index, a monthly query of supply chain managers, registered a 52.6 reading for transportation capacity in the month. That was up 1.7 percentage points from October. Transportation utilization (60.5) ticked up less than 1 point while transportation pricing (63.8) remained near October’s two-year high.

The pricing metric faced a modest...

https://www.freightwaves.com/news/transportation-pricing-up-again-in-november-sentiment-survey-shows

Transportation pricing jumps in October, sentiment survey finds

A monthly supply chain survey published Tuesday showed a jump in sentiment around transportation pricing. The Logistics Managers’ Index reported a 64.1 reading for transportation prices in October, a 5.7-percentage-point increase from September and the highest reading for the dataset since May 2022.

The LMI is a diffusion index wherein a reading above 50 indicates expansion while one below 50 signals contraction.

The one-year forward expectation for pricing was 81, up 1 point sequentially. If...

https://www.freightwaves.com/news/transportation-pricing-jumps-in-october-sentiment-survey-finds

Strong Class 8 orders beat seasonal expectations

Strong Class 8 orders beat seasonal expectations

Class 8 preliminary truck orders roared back to life as OEMs’ 2025 order books opened up, according to recent data from both ACT Research and FTR Transportation Intelligence. ACT reported that September saw 37,100 initial orders, double the number compared to August and up 0.3% year over year. Kenny Vieth, president and senior analyst at ACT Research, noted the Class 8 order jump was “well above trend and seasonally elevated expectations in...

https://www.freightwaves.com/news/strong-class-8-orders-beat-seasonal-expectations

Driver compensation rises despite poor freight market

Driver compensation rises despite poor freight market
(Photo: Jim Allen/FreightWaves)

On Tuesday, American Trucking Associations released its latest driver compensation study, which showed continued increases in driver pay in the past two years despite a deterioration in freight market conditions. The survey collected the data of over 120 fleets, which comprised more than 150,000 employee drivers and 14,000 independent contractors. 

Key findings in the the survey:

  • Truckload drivers earned median...

https://www.freightwaves.com/news/driver-compensation-rises-despite-poor-freight-market

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