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Logistics Cass Report: Freight Volume Recovery On Track for Second Half of 2026
The Cass Freight Index multimodal shipments component fell just 1.2% year over year in May, the smallest decline in 18 months, signaling a volume recovery in the second half of 2026. Expenditures jumped 7.5% YoY and the TL linehaul index rose 6.9% YoY, the largest gain in nearly four years. Supply constraints from tighter enforcement of driver rules are pushing rates higher.
Logistics Record Growth in Transportation Pricing Index for May
The transportation pricing index recorded unprecedented growth in May, driven by capacity constraints and rising fuel costs. This surge affects freight rates and logistics operations globally.
Manufacturing China's Manufacturing PMI Dips: A Cause for Concern?
China's manufacturing PMI fell to 50.0% in May, indicating a potential slowdown in industrial activity. Large enterprises showed resilience with a PMI of 51.1%, while medium and small enterprises faced contraction. Rising raw material costs due to geopolitical tensions are impacting production.