Your December issue of Uber Freight's Chemical Current is here
Download the December edition of our Chemical Current report to see what's trending this month on the chemical transportation front in North America and Europe. Here's a preview:
The November reading of ISM’s US Manufacturing PMI saw a bit of strength verse October but remained in contractionary territory at 48.4 (46.5 in October). This marks 24 of the prior 25 months where the reading has been contractionary (with March 2024 being the lone exception over the past two years).
The ISM report for November did highlight that New Orders had returned to expansionary territory after 7 months below 50. Spot Truck rates correlate very closely with the ISM PMI, so if it strengthens in the new year, spot rates will follow.
Our report also covers:
Chemical industry news and updates
Chemical transportation trends
Chemical supply chain overview
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