Daily Market News & Insights
Freight Activity Hits Five-Year Low as US Oil Output Hits Record High: What It Means for Fuel Demand
Fuel demand patterns are shifting as the U.S. freight sector continues to face challenges in light of tariff uncertainty, marking another down month in October, as the Cass Freight Index fell sharply. Shipment volumes dropped 2.1% seasonally adjusted from September and were down 7.8% year-over-year, hitting the lowest level since …
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