Industry Indicators: December 6th - 18th
iLevel Logistics presents intriguing data that offers a snapshot of notable industry changes and events during the weeks of December 6th through 18th.
What’s on the docket this week?
Growth in small fleets, Employment growth in transportation and warehousing, changes in omnichannel fulfillment, Amazon keeps larger share of seller revenue, truck manufacturers booked fewer orders in November, December jobless claims lowest sine 1969, Logistics Managers’ Index, 25-54 labor force below pre-pandemic level, typical day for Owner-Op, Diesel prices, November trailer orders, Owner-Op outlook on EVs, Container import volumes, Inventory to sales ratio.
For-hire carrier growth since start of pandemic – rise of new small fleets
Source: TruckingInfo
Growth from March 2020 to September 2012.
Employment growth in transportation and warehousing significantly above pre-pandemic levels
Source: OverDrive
Changes in omnichannel fulfillment
Source: DCVelocity
Amazon tactics to maximize profits on its marketplace business
Source: Vox
Truck manufacturers booked fewer orders in November – lowest since 1995
Source: DCVelocity
Demand is high for class 8 trucks. However, supply chain issues and shortages compel OEM’s to take a notably cautious approach.
First week December Jobless Claims lowest since 1969
Source: CNBC
U.S. Logistics Managers Index
Source: SupplyChainBrain
Labor force, ages 25-54, still well below pre-pandemic level
Source:businessinsider
Typical day for an Owner-Operator
Source: Land Line
Diesel Fuel Prices down slightly
Sources: EIA
Trailer orders rebound in November
Source: TruckingInfo
Owner-Operator outlook on EVs
Source: OverDrive
Container import volumes
Source: AJOT
Inventory to sales ratio remains extraordinarily low.
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.