In its monthly Manufacturing Report on Business, ISM said that PMI, the report’s key metric, fell 1.5% in March to 59.3 (a reading of 50 or higher indicates growth). This marks the 19th consecutive month of PMI growth, with the overall economy now having grown for 107 straight months.
Taking steps to expand its global e-commerce presence, FedEx said this week it has acquired Laindon, United Kingdom-based P2P Mailing Limited, a global e-commerce transportation solutions provider. Supply Chain mergers and acquisitions,
Chattanooga Tennessee-based 3PL Kenco recently hosted a roundtable of supply chain leaders from companies including Coca-Cola, Chevron Technologies, Georgia-Pacific, Kids II, and Sealed Air. The open-ended discussion produced four key themes, outlining a blueprint for companies looking to drive meaningful supply chain innovation.
Rail carloads headed up 2.5% annually to 265,756, and intermodal trailers and containers increased 0.3% annually to 260,765 units. Rail Freight Volume Update, Railroad
Chuck Clowdis, managing director of consulting firm Trans-Logistics Group, Inc., was one of the major voices in LM’s 2018 Rate Outlook: Economic Expansion, Pushing Rates Skyward feature earlier this year. Here, he shares more views on the air cargo sector in Part II of our interview.
Want to know how top supply chain companies performed compared to the market through the first quarter? Read on.
Join Logistics Management and NASSTRAC for an update on transportation regulations and infrastructure in this on-demand webcast.
Two Class I railroads, BNSF Railway and CN, recently offered up their rebuttals to leadership at the Department of Transportation’s Surface Transportation Board (STB), regarding ongoing concerns over railroad service issues. This comes on the heels of letters penned earlier this month by STB Chairman Ann Begeman and Vice Chairman Deb Miller to the top…Details
For January, the most recent month for which data is available, the SCI (Shippers Conditions Index) reading was -11.1, which is down from December’s -8.8 and November’s -8.9. FTR said the January reading points to the ongoing challenges shippers are up against, with the firm expecting what it expects to be a tough 2018 for…Details
Chuck Clowdis, managing director of consulting firm Trans-Logistics Group, Inc, shares his views of the state of the industry in the first of a two-part interview.