#manufacturing-pmi
(12 articles)XPO August Tonnage Growth Tracks Q3 Guidance Amid Manufacturing Recovery
XPO Logistics delivered August operational metrics that support its mid-single-digit tonnage growth guidance for the third quarter, reinforcing positive momentum in the less-than-truckload (LTL) freig
Saia's August Tonnage Growth Accelerates Amid Easier Comparisons
Saia Inc., a major less-than-truckload carrier, posted accelerating tonnage growth in August with an 8.7% year-over-year increase driven by easier prior-year comparisons and a robust rate environment.
Old Dominion Balances Yield Gains Against Softening Demand
Old Dominion Freight Line's August performance reveals a carrier successfully executing pricing discipline while navigating modest demand growth. The company achieved 12.4% year-over-year daily revenu
Manufacturing PMI Slips to 54.6; Supply Chain Tightness Persists
U.S. manufacturing activity cooled slightly in August with the ISM Manufacturing PMI declining to 54.6—down 1 point from July but still signaling expansion. While the headline reading remained healthy
Strong July Manufacturing Data Points to Peak Season Freight Surge
July manufacturing data released by FreightWaves reveals exceptionally strong economic signals that should significantly elevate freight demand through the remainder of 2024. The Purchasing Managers'
Asia-Pacific Shipping Costs Rise Despite Cheaper Capacity
Dimerco Express's latest market analysis reveals a paradox reshaping Asia-Pacific logistics: while freight space is becoming more available and cheaper, the cost of actually moving goods remains stubb
Manufacturing PMI hits 4-year high; LTL carriers capitalize on demand surge
July's Manufacturing PMI reading of 55.6 marks the highest level in four years and signals robust economic expansion across the industrial sector. This seventh consecutive month of growth, coupled wit
Global PMI Signals Sharp Price Increases Amid Worsening Supply Chain Delays
S&P Global's latest Purchasing Managers' Index (PMI) data indicates that global supply chains are experiencing a concerning dual squeeze: prices are rising sharply while delivery delays continue to wo
Manufacturing Expansion Signals Rising LTL Demand Through 2026
The Institute for Supply Management's June Manufacturing PMI reading of 53.3, though slightly below expectations, confirmed a sixth consecutive month of manufacturing sector expansion and suggests sus
XPO Poised to Beat Q2 Tonnage Guidance as LTL Demand Strengthens
XPO Logistics is tracking ahead of its second-quarter tonnage expectations based on May operational data, signaling strengthening demand in the less-than-truckload (LTL) freight market. The carrier ac
Australian Manufacturing Weakens as Inflation and Supply Disruptions Persist
Australian manufacturing activity contracted in May according to S&P Global data, reflecting a convergence of demand weakness and ongoing supply chain friction. The dual pressures of persistent inflat
Philippine Manufacturing Rebounds in May
The Philippine manufacturing sector demonstrated resilience with a rebound in production activity during May, marking a positive inflection point for Southeast Asia's industrial output. This recovery