THE BRIDGE BLOG
A pit-stop for logistics industry updates.
2903, 2023
Weekly Market Update 03/27/2023
https://youtu.be/ohAhn9t66wY The IOTI, or the Inbound Ocean TEU Volume Index, saw some sort of life after bouncing back from February’s consumer holiday slump and Chinese New Year. However, still down 51% from both 2021 and 2022. The
612, 2022
Weekly Market Update 12/5/2022
Contract van rates took a $0.14 hit from November to December. This marks the most significant MoM decrease in contractual rates this year. On the other hand, spot rates jumped $0.02 MoM, from $2.38/mile including fuel on
2911, 2022
Weekly Market Update 11/28/2022
Seasonally adjusted Jobless claims are now at their highest point since August, jumping 17,000 WoW. Claims mimicking 2021 levels currently, however, in a much different landscape. Last year claims were starting to trend downward by the latter