Are COVID-era extremes returning?

On this episode of Freightonomics, Zach Strickland breaks down the latest macro indicators before bringing on Dr. Zac Rogers to unpack the Logistics Managers' Index (LMI) data for March. They compare today's logistics environment to the COVID-era peaks of March 2022, diving deep into the widening gap between transportation capacity and pricing. Zach also looks at the recent spikes in diesel and oil prices amid the ongoing conflict with Iran, and Dr. Rogers explains why global supply chains and ocean rates are proving much more resilient to these shocks than they were four years ago. Plus, a look at how historically lean inventories might be forcing the market to rethink its "Just-In-Time" strategies.

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