Industrial Production Drives Freight Recovery as Manufacturing PMI Hits Five-Month High

The freight downturn of 2023-2024 has reversed, with industrial production now leading the upcycle. The May ISM Manufacturing PMI rose to 54.0, marking five consecutive months above contraction and indicating strong breadth across industries.

By FreightWaves Staff · Auto-Fetched Original Sources · June 3, 2026, 12:33 UTC

Topics: economic recovery freight industry ISM data manufacturing expansion

Read the full article at Auto-Fetched Original Sources

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