Commerce reported that December retail sales saw a 0.4% increase from November to December at $495.4 billion along with a 5.4% annual gain. NRF reported that December retail sales increased 0.4% on a seasonally adjusted basis compared to November and were up 4.6% annually on an unadjusted basis.
Trade and transport analysts see rates rising across all modes in accordance with continued expansion of domestic and international markets. Economists, meanwhile, say shippers can expect revenue growth in transport verticals to remain in the 3%-plus range.
This is a watershed year for the digitization of global supply chains as companies respond to new initiatives enacted by governments and inter-governmental organizations. Those too timid to take the risk of making a mistake will simply lose out.
Join our panel of top oil and transportation analysts for an exclusive look at where rates are headed and the issues driving those rate increases over the coming year.
Despite decades of improvement in our transportation management systems (TMS), we still have not yet fully realized the value of these systems unless we’ve grasped the concept of settlement” and not just “freight payment.”
Carloads dropped 5.2% to 208,646. Intermodal containers and trailers fell 3.9% annually to 207,216.
With a 0.2% increase from October to November, the Freight TSI hit 130.8, which, BTS said, is a new all-time high.
Packaging Packaging is so much more than placing products in a box and hoping that it reaches its destination on time and undamaged. In truth, the packaging process is heavily regulated and must meet strict federal guidelines. Many products – particularly food grade items and consumer goods – must be kept at an ideal temperature…Details
Real Estate Location, location, location. Those are the three most essential factors for supply chain management and distribution success. The biggest hurdle for companies, though, is the enormous outlay of capital and the lack of internal design-and-engineering expertise. That’s where First Logistics comes in. Leasing There is much more to warehousing leasing than negotiating the…Details