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News / North America Transportation

153 SHIPS STUCK IN QUEUES OFF NORTH AMERICAN PORTS

Port congestion had finally looked like it was easing in May and early June, ship queues had reduced to double digits. As of June 10th, there were 92 vessels held up offshore, led by 25 at the Savannah port, Georgia with 25, 20 off Los Angeles/Long Beach, 18 off New York/New Jersey, and 14 off Houston. Quickly, port congestion escalated to near record highs. On July 8th rising to 125 vessels and showing no signs of stopping, by July 19th 140 vessels were waiting offshore.

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ATA Truck Tonnage

ATA Truck Tonnage Index Rose 0.1% In July

Source: American Trucking Associations

American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index increased 0.1% in July, following a 4.4% drop during June. In July, the index equaled 138.5 (2000=100), up from 138.4 in June.

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2017 top 100 3PL Global Trade

MIQ Logistics Recognized As A Leading 3PL in 2017

Overland Park, KS, August 21, 2017 — MIQ Logistics is pleased to announce that we have been recognized as one of America’s Leading 3PLs by Global Trade Magazine for 2017. This recognition is given to the top companies that provide exceptional service to clients in helping them improve efficiency and increase profits through improving their supply chains.

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CASS FREIGHT INDEX

Cass Freight Index – July 2017

Source: Cass Information Systems, Inc. 

Both the Shipments and Expenditures Indexes extended their run of positive comparisons. Shipments turned positive eight months ago, while Expenditures turned positive seven months ago. In part because of normal seasonality, and in part because of more difficult comparisons, they were less strong in July.

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two semi-trucks passing each other

Cass Freight Index Report – June 2017

Source: Cass Information Systems, Inc. 

Not only have both the Shipments and Expenditures Indexes have now been positive for six months in a row, but they are showing accelerating strength. Throughout the U.S. economy, there is a growing number of data points suggesting that the economy continues to get slightly better. Some data points are simply less bad, but an increasing number of them are better, and even a few are becoming outright strong.

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Trucking Case Study

ATA Truck Tonnage Index Fell 4.3% In June

 

Source: American Trucking Associations

American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index fell 4.3% in June, following a 6.9% gain during May. In June, the index equaled 138.5 (2000=100), down from 144.7 in May.

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Cass Freight Index - May 2017

Cass Freight Index – May 2017

Cass Information Systems, Inc. 

Not only have both the Shipments and Expenditures Indexes have now been positive for five months in a row, but they are showing accelerating strength. Throughout the U.S. economy, there is a growing number of data points suggesting that the economy continues to get slightly better. Some data points are simply less bad, but an increasing number of them are better, and even a few are becoming outright strong.

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ATA Truck Tonnage Index

ATA Truck Tonnage Index Jumped 6.5% In May

American Trucking Associations

American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index increased 6.5% in May, following a 1.5% decline during April. In May, the index equaled 144.1 (2000=100), up from 135.3 in April.

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Cass Freight Index Report

Cass Freight Index Report – April 2017

Source: Cass Information Systems

Both the Shipments and Expenditures Indexes have now been positive for four months in a row. Throughout the U.S. economy, there is a growing number of data points suggesting that the economy continues to get slightly better. Some data points are simply less bad, but an increasing number of them are better, and even a few are becoming outright strong. The 4.0% year-over-year (YoY) increase in the April Cass Shipments Index is yet another data point which suggests that the first positive indication in October may have indeed been a change in trend. In fact, it now looks as if the October Cass Shipments Index, which broke a string of 20 months in negative territory, was one of the first indications that a recovery in freight—or at least a change in trend—had begun.

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ATA Truck Tonnage Index

ATA Truck Tonnage Index Decreased 2.5% in April

Source: American Trucking Associations

American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index slipped 2.5% in April, following a 1.1% decline during March. (March’s percentage decrease was slightly more than reported in our press release on April 18, 2017.) In April, the index equaled 134 (2000=100), down from 137.4 in March. The all-time high was 142.7 in February 2016.

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