Industry Indicators: October 10th – 24th

Industry Indicators
Written By Jennifer Joslyn

iLevel Logistics presents intriguing data that offers a snapshot of notable industry changes and events during the weeks of October 10th through October 24th.

Industry Indicators: October 10th – 24th

iLevel Logistics presents intriguing data that offers a snapshot of notable industry changes and events during the weeks of October 10th through October 24th.

What’s on the docket this week?

Trucking employment, port congestion, domestic and international air travel, inflation, SMBs survey, retail spending, nonfarm payrolls, DAT rates, supply chain mentions, spot rates and market demand, Vietnam trade, UPI overtime, truck utilization, Hong Kong port congestion, Diesel prices, Amazon share of parcel volume, truck tonnage, blame game

Trucking employment

Source:  LandLine

Compared to the end of 2020, trucking employment has improved by 24,000 jobs.There are nearly 1.5 million trucking jobs now and the industry is inching toward pre-pandemic levels of just over 1.5 million in February 2020.

Port congestion continues

Source:  Reuters

Domestic air travel almost back to pre-pandemic levels  

Source:  NPR

Transitory?  Lingering inflation cause for concern

Source:  Yahoo News  

Small and midsized businesses (SMBs) survey of supply chain professionals

Source:  softwareadvice

Retail spending in 2021 compared to 2020, 2019 and 2018

Source:ISM

Nonfarm payrolls rise but well below pre-pandemic levels

Source:  AIER

October 11-17 - Rates

Source:  DAT Trendlines  

Van Rates 

Flatbed Rates 

Reefer Rates

Thinking about supply chains:  mentions on investor calls rise notably

Source: SupplyChainBrain

Spot rates and Market Demand Index Overview

Source: OverDrive

Each measure in 2021 well above 2020 and 5 year averages.  

Trade with Vietnam surges 

Source:SupplyChainBrain

Historical look at CPI

Source:  DailyMail

Truck utilization

Source:  American Trucker

Utilization of Class 8 trucks been maxed out most of 2021

Not just LA ports that are congested

Source:  AJOT

Diesel prices increase 26.5 cents past three weeks

Source:  TTNews

Amazon increasing share of U.S. parcel volume

Source: SupplyChainBrain

Truck tonnage increases 2.4% in September 

Source:  TTNews

Blame game:  Delays are blamed on delivery companies

Source:  CNBC

That’s all for this week.  Thanks for reading.  

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