So, with the news late last week that the White House pushed off a planned increase on tariffs for China-originated goods heading to the United States, all of the talk about things like a U.S-China “trade war” and ongoing “trade tensions” between the two countries are null and void, correct? Source: logistics Mgmt
With the key September ISM manufacturing reading, known as the PMI, issued yesterday by the Institute for Supply Management (ISM) coming in at its lowest level in more than ten years, it stands to reason there is a fair amount of concern, as this index is followed closely by myriad supply chain stakeholders. And that comes with good reason, too, considering that the when the PMI is at a healthy level, a reading of 50 or higher indicates growth is...
Amazon recently announced that as part of its commitment to net zero carbon by 2040 and 100% renewable energy by 2030 as part of what it called The Climate Pledge, whose objective is to meet the Paris Agreement ten years ahead of schedule by 2040, it has ordered 100,000 electric delivery vehicles, which it said represents the “largest order ever for electric delivery vehicles.” Source: logistics Mgmt
As the new Maritime Director for the Port of San Francisco, Andre Coleman is responsible for the strategic oversight and implementation of the cargo gateway's maritime portfolio. Source: logistics Mgmt
A year ago this time, it is fair to say that the trucking sector was running strongly on all cylinders, buoyed by very strong economic fundamentals, a high level of consumer confidence, and tight capacity, which helped drive rate growth. But fast forward a year later, and it is clear that the tables have turned on myriad fronts, with capacity looser, especially for this time of year on the truckload side, with rates viewed as fair when compared to 2018....
While it is well know that 2018 was a banner year for the trucking sector, it bears repeating. And one reason for that is that even though 2019 is down volume-wise compared to a year ago, there are still many reasons for optimism, when it comes to gauging the overall health of the market. Source: logistics Mgmt
As the tension, or more appropriately, the trade war between the United States and China continues to show no sign of slowing down, given how plans and policies are able to take shape, or rapidly change, in the amount of time it takes President Trump to fire off a Tweet, it stands to reason that this ongoing dilemma has not made things easy for shippers, not in the very least. Source: logistics Mgmt
In 2018, trucking industry revenue rose 12.2%, from $700.1 billion in 2017 to $796.7 billion in 2018, according to ATA data. Source: logistics Mgmt
Earlier this month, I heard from iDrive Logistics, a Salt Lake City-based small package consultancy, regarding pricing proposals it had obtained from Amazon Logistics. Given the frenetic pace in which Amazon has gone about setting up its logistics and supply chain operations, as well as expand its presence, this grabbed my attention, to say the least. Source: logistics Mgmt
This bill has been welcomed with open arms by a few key freight transportation and logistics stakeholders that have been clamoring for a new bill. Source: logistics Mgmt
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