Market Update Archives - Odyssey Logistics

North American market update: January 2025

waw-ts — Thu, 27 Feb 2025 18:59:23 +0000

The January 2025 Market Outlook on key network indicators, shipper actions, manufactured goods, and economic and transportation updates.

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North American market update: December 2024

waw-ts — Thu, 23 Jan 2025 21:42:32 +0000

The December 2024 Market Outlook on key network indicators, shipper actions, manufactured goods, and economic and transportation updates.

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North American market update: November 2024

waw-ts — Mon, 23 Dec 2024 18:46:41 +0000

Growth is increasing at an increasing rate for Inventory Levels, Inventory Costs, Warehousing Utilization, Warehousing Prices, and Transportation Utilization. Growth is increasing at a decreasing rate for Warehousing Capacity and Transportation Capacity. Transportation Prices are decreasing.

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North American market update: December 2023

Fri, 01 Dec 2023 22:13:07 +0000

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North American market update: October 2023

Sun, 01 Oct 2023 20:00:31 +0000

Market recovery in 2023 unlikely. A muted peak import season and lower production in freight-centric sectors, including the manufacturing of paper, wood, plastic, and rubber products, suggest a freight recovery in 2023 is improbable. Dry van spot market load posts lost the prior week’s gain following last week’s 11% week-over-week decline.

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North American market update: August 2023

Tue, 01 Aug 2023 18:17:38 +0000

For the second time in a row, the Logistics Managers’ Index registers as contracting – coming in at 45.6. This is the fourth consecutive month that the index has reached a new all-time low. Our inventory metrics are at the forefront of this decline.

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North American market update: July 2023

Sat, 01 Jul 2023 09:49:00 +0000

For the third consecutive month the Logistics Managers’ Index has reached a new all-time low and for the first time in its 6.5-year history it has moved into contraction territory, reading in at 47.3 in May – down 3.6-points from April’s reading of 50.9. The biggest factor behind this drop is the continued softening of the freight market.

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North American market update: June 2023

Thu, 01 Jun 2023 23:15:00 +0000

The forecast for diesel prices has again been revised down per the EIA on May 9th from their previous forecast on April 11th. In the short term, diesel is starting to see inventory levels tighten which may stall efforts to see a continued downtrend.

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