Significant increases in rates & supply chain difficulties are in store, according to Book Your Cargo
📊 Book Your Cargo, a premium drayage service provider, is predicting that there will continue to be a significant increase in rates and supply chain difficulties throughout the month of July.
The company cites the Drayage Spot Market Index with a 32% spot rate increase in the past twelve months and a 15% increase in drayage rates over the previous three months. These predictions can help companies decide how to proceed with their personal forecasting and sales strategies.
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The Federal Reserve Bank of New York is enhancing its supply chain data tracking with new "Supply Availability Indexes."