Diesel prices head up to start 2018, reports EIA
Rising 7 cents, the average price per gallon currently stands at $2.973, which marks the single largest weekly gain since the week of November 6, when it rose 6.3 cents from $2.819 to $2.882.
ISM reports strong finish for manufacturing in 2017
The report’s key metric, known as the PMI, was 59.7 (a reading of 50 or higher indicates growth) in December, which was 1.5% ahead of November’s 58.2. This marks the 16th straight month that the PMI has grown, with the overall economy growing for the 103rd consecutive month. The December PMI is 2.1% ahead of…
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Industrial and supply chain real estate expected to soar in 2018
Low vacancy rates and high demand for warehouse space are forming perfect conditions for the sector in 2018, according to JLL experts.
Is the U.S. at peak of industrial production?
Congress and the administration talk about boosting industrial production and manufacturing jobs. But new analysis suggests that we’re already at peak levels.
Report states that Home Depot expressed interest in acquiring XPO Logistics
Late last month, a report published in Recode indicated that two giants from different sectors, retailer Home Depot and global freight transportation and logistics services provider XPO Logistics, may be future teammates, with the report saying that Home Depot “held internal discussions in recent months about a potential acquisition bid for XPO.
Looking back at 2017, with an eye on the future
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…
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Go Rugged, Stay Connected
Rugged devices and mobility are playing a leading role in today’s warehousing and logistics operations
Exclusive interview: Northwest Seaport Alliance update
2017 was a good year for John Wolfe, CEO of The Northwest Seaport Alliance.
FTR’s Shippers Conditions Index trends down
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.
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Q&A: Echo Global Logistics CEO Doug Waggoner
LM caught up with Doug Waggoner, CEO of Chicago-based non asset-based 3PL Echo Global Logistics.