FW Desk News
FreightWatch.News
Tuesday, November 3, 2026
Switzerland's inflation accelerated to its highest level in nearly three years, driven primarily by rising oil prices and currency depreciation. The franc weakened against major trading partners, amplifying import costs and creating broader price pressures across the economy. US manufacturing showed resilience, with production activity posting its strongest gains in nearly five years during October. Transportation costs climbed as freight brokers reported truckload spot rates posting their largest sequential increase in five years through mid-year, with momentum persisting into subsequent quarters. Central banks across Turkey and South Korea faced conflicting signals on rate decisions as inflation persistence complicated monetary policy choices heading into year-end.
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