Low vacancy rates and high demand for warehouse space are forming perfect conditions for the sector in 2018, according to JLL experts.
It is hard to believe that the time has come for another look back at a completed year. To be honest, and I know it sounds somewhat cliché, 2017 seriously flew by, or so it seems. There are different reasons why it feels that way, of course, but this year, in some ways, feels like…
2017 was a good year for John Wolfe, CEO of The Northwest Seaport Alliance.
Rugged devices and mobility are playing a leading role in today’s warehousing and logistics operations
For October, the most recent month for which data is available, the SCI was -9.6, following September’s -8.2 and August’s -6.7. FTR said this reading is a byproduct of rising spot and contract truck rates, coupled with a tight trucking market.
LM caught up with Doug Waggoner, CEO of Chicago-based non asset-based 3PL Echo Global Logistics.
The U.S. Chamber of Commerce is strongly lobbying to tweak – not trash – the North American Free Trade Agreement (NAFTA.) And it’s not just transport companies who are leading the charge within the Chamber, U.S. Business Roundtable and other Washington lobbyist heavyweights.
Fortunately for logistics managers reliant on campaign promises, existing plans for port improvements will not be curtailed.
Net income for the quarter at $775 million was up 9.7%, and earnings per share at $2.84 were up 8% annually. Quarterly operating income of $1.26 billion was up around 7%.
Two key monthly freight transportation report issued yesterday, the American Trucking Associations (ATA) For-Hire Truck Tonnage Index, and the Cass Freight Index Report, each provided positive news for November.