Is the 2024 freight market recession FINALLY over?!
This month's Logistics Manager's Index (LMI) reveals some BIG changes for truckers, carriers, and owner-operators in the 2024 freight market. While the overall index dipped slightly to 55.3, transportation capacity hit a critical point, remaining unchanged for the first time since March 2022!
This video breaks down the June 2024 LMI report, highlighting the most important takeaways for YOU:
Capacity crunch ahead? We'll analyze the factors driving down transportation capacity and what it means for your business in the coming months.
Price increases continue: Discover why transportation prices are increasing and how long this trend is expected to last.
Inventory rollercoaster: We'll also look into the surprising fluctuations in inventory levels and what they signal for future demand when it comes to the trucking industry.
Upstream vs. Downstream: Understand the key differences between upstream and downstream firms and how they are impacting the overall market.
Don't get caught off guard! Watch now to gain valuable insights from the June 2024 LMI and position yourself for success in the rapidly changing freight market 2024.
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00:00 Intro
00:50 June 2024 LMI
06:21 This Week's Top Loads
14:06 Learn More
