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Logistics numbers show signs of economic strength

from Material Handling & Logistics

The latest logistics numbers show some promising economic signs, according to a summary courtesy of the Georgia Center of Innovation for Logistics. On the downside, over-the-road trucked shipments fell 0.9 percent in May, and overall trucked shipments were flat on a year-over-year basis, according to the Ceridian-UCLA Pulse of Commerce Index. The American Trucking Association's seasonally adjusted cargo index fell 0.7 percent in April after increasing 1.9 percent in March. And according to the TransCore Freight Index, the spot market for truckload freight in May fell 10 percent from the previous month, but was 10 percent higher year over year. The freight rate index cost per mile decreased to $2.48 in June, down from $2.50 in May. more

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