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Another sign of a potential inflection point in the freight cycle was provided Tuesday in a report highlighting data compiled in the Logistics Managers’ Index (LMI). “The freight recession is still ongoing, but in a continuation of what we have observed since late July it seems that cracks in the recession are beginning to form,”… Continue reading Declines in transportation prices slow again in September

Demand and leasing rates are no longer red-hot, but the industrial real-estate sector is proving resilient Companies from e-commerce retailers to third-party logistics providers are leasing less new warehouse space amid weak freight demand, high interest rates and shifting consumer spending. But the industrial real-estate market hasn’t completely cooled off after three years of frenetic… Continue reading How Warehouses Are Escaping Real Estate’s Doom Loop, in Charts

KEY POINTS Consumers in the U.S. and Europe have been key drivers in the demand uptick, Vincent Clerc told CNBC’s Silvia Amaro, and those markets have continued to “surprise on the upside.” The upcoming pickup would be fueled by consumption, he said, rather than the “inventory correction” which has featured heavily in 2023. There are… Continue reading Shipping giant Maersk is seeing tentative signs of a bounce back in global trade