AGP Executive Report
Last update: 8 hours agoFreight Squeeze Hits a Breaking Point: A new Logistics Managers’ Index says trucking capacity has fallen to a near-record low while transportation prices have surged—creating the biggest cost-versus-availability gap ever measured, with shippers staring at scarce trucks and record rates. Geopolitics Still Drives Routes: The Trump–Xi summit ended with warm words but no clear breakthroughs on Iran, Taiwan, or trade, keeping Strait of Hormuz uncertainty front and center for energy and shipping planning. Public Transport Moves (and Cuts): Starbucks is laying off 300 corporate workers as it reshapes operations, while India’s NDMC is rolling out free employee shuttles plus EV parking concessions—small steps, but very real for daily mobility. Trade & Logistics Investment: Nigeria’s ports are set for a major $600m expansion as reforms push modernization, and Tanzania says it needs about 15,000 lorries a year to keep up with growth.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.
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