State of Freight TODAY

Weekly Transportation Update: Job Openings Fall For Second Straight Month

Written by The FTR Experts | 4/10/23 3:17 PM

Job openings dip below 10 million for the first time since May 2021.

  • The ISM manufacturing index weakens to lowest level since May 2020.
  • Trucking company new entry and carrier failures were basically in balance in March.
  • Spot rates in dry van and refrigerated decline in line with seasonal expectations.
  • Intermodal and rail carload volumes were generally stable in the latest week.