The report’s key metric, the PMI, came in at 53.0 (a reading of 50 or higher indicates growth), for a 3.1% decrease compared to May’s 56.1 reading, marking the 25th consecutive month of growth, at a faster rate, as well as the 25th consecutive month of overall economic growth. jberman@peerlessmedia.com

Earlier this week, the United States Supreme Court denied review—or Certiorari—of the Circuit’s reversal against the injunction of AB5 (Assembly Bill 5) in California, a law governing owner-operators that potentially could be very disruptive to trucking operations in the nation’s most populous state. As previously reported by LM, truck drivers are divided on AB5, which limits when workers can be contractors instead of employees. Some local port drayage operators supported the measure which would have limited owner-operators in that sector. jberman@peerlessmedia.com

Convoy officials said that this initiative is focused on helping freight brokers on various fronts, including: automating the brokerage process, controlling costs, and accessing elastic capacity from more than 400,000 connected trucks via its Convoy for Brokers tool, which enables brokerages to post loads directly to its digital freight network, access our elastic capacity, and expand their carrier base while maintaining their relationships with shippers and carriers and ensuring the privacy of their data. jberman@peerlessmedia.com

Rail carloads—at 229,857—were off 3.1% annually, and intermodal containers and trailers—at 263,517—slipped 5.5%. jberman@peerlessmedia.com

Once again authored by global management consulting firm A.T. Kearney in partnership with CSCMP and Penske Logistics, the SoL has become known as the most comprehensive report of its kind, encapsulating the cost of the U.S. business logistics (USBL) system during the previous year (2021) and offering a snapshot of how economic conditions are shaping the current logistics landscape. jberman@peerlessmedia.com

Third Party Logistics (3PLs) march onward. jberman@peerlessmedia.com

Air cargo markets still in flux. jberman@peerlessmedia.com

Ocean shipping continues its rough passage jberman@peerlessmedia.com