A 2.1% year-over-year gain last month broke a 42-month decline in the Cass Freight Shipments Index, with Cass stating “the bottom is probably in.”
A further round of strikes at German ports would likely worsen port congestion and schedule reliability on major trades.
US importers are scrambling to keep northbound freight from Mexico moving as temporary business visitor visa revocations cut deep into Mexico’s supply of cross-border truck drivers.
