U.S. rail carload and intermodal volumes are down for week ending October 12
Rail carloads, at 243,807, were off 7.5% annually, and intermodal units, at 267,013, slipped 6.6% annually. Source: logistics Mgmt
Rail carloads, at 243,807, were off 7.5% annually, and intermodal units, at 267,013, slipped 6.6% annually. Source: logistics Mgmt
Commerce reported that September retail sales, at $525.6 billion, were off 0.3% compared to August will rising 4.1% compared to September 2018. NRF reported that September retail sales were off 0.1%, from August to September, on a seasonally adjusted basis and up 4.5% on an unadjusted basis annually. NRF’s numbers do not include automobile dealers, gas stations, and restaurants. Source: logistics Mgmt
After nearly two decades, the federal government is finally close to establishing the first national database of drug and alcohol-impaired truck drivers. Source: logistics Mgmt
In 2018, the report said that global parcel volume came in at 87 billion, which was up 17% compared to 2017’s 74 billion and the highest ever recorded since the index has been published. What’s more, despite a high level of uncertainty in regards to global trade, it expects this tally to more than double to 200 billion parcels by 2025, coupled with a 13.7% compound annual growth rate from 2019-2023. Source: logistics Mgmt
The Department of Transportation’s Bureau of Transportation Statistics (BTS) reported this week that its Freight Transportation Services Index (TSI) headed up 1.4% from July to August, the most recent month for which data is available, setting a new all-time high for the second consecutive month. Source: logistics Mgmt
Falling 1.9 cents, the national diesel average now stands at $3.047, coming on the heels of a 0.015-cent decline a week ago. Source: logistics Mgmt
ISM data focus on larger multinationals, whereas IHS Markit polls a representative mix of company size. Source: logistics Mgmt
Atlanta-based transportation and logistics bellwether UPS said it received the United States government’s first full Federal Aviation Administration’s (FAA) Part 135 Standard certification, which is required to operate a drone airline. Source: logistics Mgmt
While a ten-week stretch of declines was snapped with an increase last week, the national average price per gallon for diesel gasoline fell again this week, according to data issued by the Department of Energy’s Energy Information Administration (EIA). Source: logistics Mgmt
While slavery in global supply chains remains an ever-growing concern, a new coalition has been successful recently in addressing it…perhaps even finding a solution. Source: logistics Mgmt
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