Industry Indicators: April 4th– 17th
What’s on the docket this week?
Limits on comedians, transportation stocks tumble, small firm job quits v. big firms, cost to run corporate America, wave 6, inflation, world response to Russia-Ukraine War, consumer prices across G-7, supply-chain disruptions U.S v. Euro Zone, mortgage bubble, mortgage rates and house prices, life as usual, back to work, Russia key supplier of raw materials, 80,000 trucks will be ban in California, March LMI, logistics salaries, jet fuel, U.S. warehouse construction, driver turnover explained, Apple’s presence in Asia, cost comparison gas and electric vans, job opening v. unemployed, flatbed v dry van spot rates
Should there be any limits on comedians?
Source: The Daily Shot
Transportation stocks often are a sign of things to come
Source: The Daily Shot
Quits during the pandemic – small firms experienced much higher turnover than larger firms
Source: St. Louis Federal Reserve
Despite small firms’ eligibility for PPP loans, which incentivized them to retain employees, these firms experienced the greatest number of quits (separations) during the initial weeks of the pandemic. Quits were especially large during March 2020, when they tripled relative to February. For larger firms, quits also increased but not to the same degree – about a 50% increase. In short, larger firms were better able to ride out nationwide lockdowns and their workers were more likely to be able to work from home.
The cost of operating a large firm versus revenue (2020)
Source: Visual Capitalist
Hopefully, no wave 6!
Source: Eric Topol Twitter
Inflation increases notably in March
Source: Wall Street Journal
Divided responses to the war in Ukraine
Source: EIU
Supply chain disruptions abating, but still elevated
Source: Robin Brooks IIF
The 2008 mortgage cost bubble now seems modest
Make borrowing cheaper (mortgage rates), and prices go up (house prices).
Source: Alf
Most Americans are trending toward “life as usual”
Source: FiveThirtyEight
Back to work
Source: AP News
Russia key raw material provider
Source: SupplyChainBrain
The trucks California Air Resources Board will ban from roadways – nearly 80,000
Source:OverDrive
Logistics economy grew in March – LMI improved slightly compared to February
Source:DCVelocity
Logistics salaries improve YOY
Source: Logistics Management
Jet fuel supply running low
Source:AJOT
U.S. Warehouse Construction
Source:SCDigest
Driver Turnover Explained
Source: ATA
Apple’s increasing investment in Asia
Source: WSJ
Cost comparison between gas and electric vans
Source: Fleet Owner
Job opening v. unemployed workers – 6.5M unemployed workers & 10.9M jobs
Source:Supply Chain Brain
Flatbed spot remains elevated while dry van drops
Source: OverDrive
That’s all for this week. Thanks for reading.
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The Workday Dash is an aggregation of articles regarding the transportation logistics, trucking, and supply chain industries for November 1, 2024, from iLevel Logistics Inc.