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Transportation Update | June 2021

Headlines

Rebound in auto output key to May’s strength in industrial production and manufacturing output.
• Retail sales fade slightly in May after two stimulus-fueled months of record spending.
• Housing starts stabilize with a small gain after three months of volatile activity.
• General freight truckload Producer Price Index posts its strongest gain ever in May.
• Rail carload rebounds to pre-holiday volume but intermodal still lags.

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Transportation Update | May 2021

Headlines

• U.S. economy sees a disappointingly small gain of 266,000 jobs in April. 
• ISM manufacturing index pulls back a bit on production, employment challenges.
• April soars past March’s record in grants of operating authority for new trucking firms.
• Truck spot market sets volume and rate records.
• Intermodal and rail carload volumes were little changed in the latest week.


Exclusive analysis from our SOF INSIGHTS publication - available to premium subscriber clients. Learn about subscribing to our monthly Trucking Update or Shippers Update intelligence services.


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The Jobs Smoother: 2021 employment coming into view

 

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