Current and lingering economic turmoil has translated to near-term uncertainty for motor carriers. While we've seen some signs of easing inflation (good news for consumers), it's unlikely to halt to the Fed's ongoing interest rate hikes, and that's not good news for freight demand.
Joining Randall Reilly Content Director Jeff Crissey this week for the first installment of CCJ's newest video series, CCJ MarketPulse, is Jason Miller, supply chain professor at the Eli Broad College of Business at Michigan State and veteran transportation economist, and he shares his take on the current state of freight: are we at or near the bottom?
00:41 Inflation, Consumer Price Index
02:33 Manufacturing slowdown
05:37 Housing market
