Freight volume picked up in May to boost hopes for a second-half recovery
· clark schultz
AI Briefing
- * US freight volumes increased in May, suggesting a possible recovery in the second half of the year.
- * The Cass Transportation Index report shows freight market stabilizing with improving volumes and pricing.
- * This uptick in freight volumes boosts hopes for a stronger economic performance in the coming months.
Context
Freight volume increased in May. The Cass Transportation Index report for May indicates that the freight market is stabilizing.
The improvement in freight volume and pricing firming up may boost hopes for a recovery in the second half of the year. The stabilization of the freight market is a positive sign.
Advertisement