Freight

The November shipments reading, at 1.004, fell 7.6% annually, in line with October’s 7.8% annual decline, and November expenditures, at 3.163, decreased 1.2% annually and were down 0.2% compared to October.

For October, the most recent month for which data is available, the SCI reading rose to 0.3, after September’s -0.5.

The letter added that USMCA ensures U.S. manufacturers, farmers, and service providers can continue to access the Canadian and Mexican markets, while also noting that it guarantees that virtually all U.S. exports enter these markets tariff-free, while also helping American companies and their employees compete in the country’s top two export markets.

Four considerations for your supply chain strategy

High-value cargo and volatile trade conditions are reshaping freight management, demanding a shift from reactive tracking to proactive, data-driven control.

October imports, at 2.71 million TEU (Twenty-Foot Equivalent Units) fell 3.4% annually, again seeing a sequential decline compared to September’s 2.72 million TEU, August’s 2.9 million TEU, and July’s 3.01 million TEU.

The October shipments reading, at 0.997, was down 7.8% annually, and the October expenditures reading, at 3.169, decreased 0.2% annually.

FTR reported that preliminary October Class 8 truck net orders, at 24,300 units, saw an 18% gain, from September to October, while falling 22% annually. ACT reported that Preliminary Class 8 orders came in at 24,500 units in October, for a 21% annual decline,

For July, the most recent month for which data is available, the SCI came in at -2.0, an improvement over June’s -2.6 reading.

A Transportation Management System (TMS) empowers logistics managers to optimize freight costs, improve visibility, and standardize processes while enhancing customer experience and operational efficiency. By leveraging automation, carrier management, reporting analytics, and sustainability tracking, a TMS helps companies scale, reduce costs, and gain actionable insights for smarter, data-driven transportation decisions.

The August shipments reading, at 1.017, fell 9.3% annually and was down 1.5% compared to July. And the August expenditures reading, at 3.135, fell 0.4% annually and were down 2.8%, from July to August.

San Francisco-based Augment, an AI productivity platform for logistics, announced today it has brought its total capital raised to more than $110 million, with an $85 million Series A funding round, which was led by private equity firm Redpoint Ventures, in addition to participation from 8VC, as well as other logistics and AI investors. Augment said this capital raise comes five months after the company came out of stealth mode.

Carriers and brokers remain optimistic despite revenue declines and tariff pressures, truckstop.com and Bloomberg Intelligence reports.

New tactics, rising premiums, and double brokering scams are fueling record freight losses across the U.S.

The May shipments reading, at 1.054, fell 4.0% annually and was down 0.4% compared to April, and May expenditures, at 3.313, increased 0.8% annually and were up 1.4% compared to April.