The Extra Mile Quarterly Report

Despite early uncertainty in the year, key economic indicators are trending upward, with strong GDP growth, steady freight volumes, and modest improvements in manufacturing output. At the same time, consumer confidence and labor market fluctuations are tempering optimism, reminding shippers…

As we move into Q3 and the back half of the year, there are a lot of changes in store in terms of the economic outlook and trends in the logistics sector. The passing of the One Big Beautiful Bill…

The new year brought a new administration into the White House, and the start of the year has been a roller coaster ride for the economy. While stock prices are up and down by sizable margins, showing a lot of…

As we step into 2025, businesses are navigating a mixed economic landscape. The freight market is experiencing seasonal slowdowns, but increased capacity and stable diesel prices offer a silver lining for shippers. While freight volumes remain unpredictable, the overall trend…

If you’ve read our prior reports for the year, you could largely describe them as a mixed bag. Some data brought good news; others lagged for months on end. We are happy to report that Q3 of 2024 looks to…

We’re already halfway through the year. How’s the economy and the logistics industry looking? While the first quarter of the year showed that the economy remained stable. In Q2, that stability remained, but we’re expecting better growth in the coming…

While 2023 was a hard year for the economy and the logistics industry, we did end on a strong note. Looking ahead to 2024, with the first quarter numbers in, we can say one thing: the economy has stabilized. However,…

2023 was a mixed year for the economy and the logistics industry. The first half of the year brought hefty challenges—rising inflation, faltering manufacturing output, negative GDP growth, falling consumer confidence. Things did not look good heading into the back…

This has not been an easy year for the U.S. economy, but it, like the logistics industry, is resilient. We’ve seen inflation rise, manufacturing output falter, and GDP growth fall into near recession territory, yet supply chains keep moving. We’ve…

We’ve reached the halfway point of the year. Based on the numbers from our last report, we determined that there was plenty of room for growth in both the economy and the logistics industry. While that growth has yet to…

The start of 2023 has come and gone, and while it was predicted at the end of 2022 that the logistics industry would face some uncertain challenges, we were hopeful. Based on the numbers, there was plenty of room for…

We have reached the end of 2022 at last. It was a transformational year for the logistics industry. Key links in domestic and global supply chains have had to adapt to the challenges brought by disruptions, potential recessions, and many…

Sometimes in life we recognize that no bad news is good news. While the latest numbers in the U.S. economy and the logistics industry are middling, this comes as good news to many. The economic drop experienced over the last…

2022 has been a tumultuous year for the logistics industry, presenting significant challenges for all facets of the supply chain. Closures in Chinese manufacturing plants, persistently high diesel fuel prices, and a lackluster economy are just some of the issues…

The logistics industry has seen its share of challenges in 2022. Rampant inflation, war, disrupted supply chains, increasing oil prices, and the lingering effects of COVID-19 have all been “the talk of the town” across the nation.  Thankfully, the numbers…

2022 is here, and so are the latest numbers from throughout the logistics industry. 2021 was expected to be a year or rebound and growth. While we experienced both throughout the year, the unexpected persistence of COVID-19 and its variants,…

Summer is here, which tends to bring increases in shipments, diesel fuel prices, and other challenges for the logistics industry. This is the first summer season since the global COVID-19 pandemic, so logistics experts are eager to see how the numbers…

2020 was a year like no other. We experienced many firsts in our personal and professional lives, and the logistics industry was pushed to the brink. Shipping delays, product shortages, quarantines, and everything else COVID brought on the world created…

2020 has arrived, marking the end of not only a new year, but the decade as well! The holidays are over, winter is in full gear and businesses are starting their engines and revving up their plans for the new…

As the leaves fall, summer sets sail and the holiday rush fast approaches, King is carving out some time to bring you all the latest news and numbers from across the logistics industry. We are now well into the last…

The summer season brings with it BBQs, bright sunshine and booming markets. Summer is the second highest consumer spending season (behind winter, which brings with it the holiday season). As a result, the economy and the shipping industry should keep pace with the growth…

Now that we’re well into 2019, it’s time to see what’s happening in the logistics industry. Q1 is always important because it sets the pace for the entire year. So far, economic growth has eased after strong growth in 2018. Average…

We are well into the holiday season, Christmas and New Years are right around the corner and the logistics industry is booming. Trucking industry volumes are expected to grow 4.2% for 2018, and the economy is showing very strong signs…

As Q3 wraps up and summer ends, a few things are unavoidable: the days will become shorter, the weather will become colder, and the shipping industry will be at its busiest. The holiday season is fast approaching, and to help…

We are midway through the year, the economy looks strong and the logistics industry is trucking along. As we round the bend to the backside of the year, here are the latest facts, figures and trends in shipping and logistics.…