The Extra Mile Q4 2024 Logistics Industry Report is now available. Get all the key insights on freight rates, fuel prices and shipping indices that you need as a logistics professional.
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...
Oct 30, 2024
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 be the strongest yet. Nearly every metric shows good...
Aug 12, 2024
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 months. There’s...
Feb 1, 2024
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...
Nov 9, 2023
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 seen consumer...