The report’s key indicator—the NMI—saw an 11.7% increase to 57.1 (a reading of 50 or higher indicates growth is occurring), halting a two-month stretch of…
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For April, the most recent month for which data is available, the SCI came in at 41.3, well ahead of March’s 19.7 reading, which more…
INFRA grant funding requests were in high demand compared to available funds, with DOT evaluating 173 eligible applications from 47 states, U.S. territories, and the…
Supply chain shortcomings were laid bare by COVID-19. It will take major investments, including by government, to shore them up. Source: logistics Mgmt
Rising $0.007-cents, this week’s national average comes in at $2.403. Source: logistics Mgmt
As the clock continues to tick on the current surface transportation authorization, the FAST (Fixing America’s Surface Transportation) Act, which is set to expire on…
Portland, Oregon-based freight marketplace platform and information provider DAT, a subsidiary of Roper Technologies, said this week it is taking steps to expand its service…
As the ongoing grip of the COVID-19 pandemic remains firm on the current state of manufacturing, it loosened, but only to a point, in May,…
At the onset of the Covid-19 pandemic, both FedEx and UPS suspended service guarantees, citing that business closures had impacted their ability to meet high…
Cisco Systems Takes Top Position; Six New Companies Join Ranking Source: logistics Mgmt
With a 0.004-cent increase, the national average came in at $2.390. This followed declines of 0.008-cents, 0.005-cents, 3.8-cents, and 4.3-cents, respectively, over the previous four…
Falling 0.008 cents, this week’s average came in at $2.386, following a 0.005-cent one week ago, to $2.394. This was preceded by a 3.8-cent decline…
Commerce reported that total April retail sales—at $403.9 billion—fell 16.4% sequentially, and 21.6% annually, following March’s $483.5 billion tally, which marked an 8.3% annual decline.…
The ongoing impact of the COVID-19 pandemic is changing the playbook, in some ways, for how global transportation and logistics bellwether FedEx is approaching capacity…
YRC earned $4.3 million on $1.15 billion revenue in the first quarter, compared with a net loss of $49.1 million on $1.18 billion revenue in…
The report’s key indicator, the NMI, fell 10.7% to 41.8 (a reading of 50 or higher indicates growth is occurring), coming off of March’s 52.5…
As part of IBM’s approach to combating COVID-19 with technology solutions that enable more trustworthy information, accelerated discovery, resiliency and adaptation, the company today announced…
COVID-19 has upended supply chains globally. We asked our readers how the virus is impacting their plans for new warehouse and distribution center solutions. Source:…
Logistics Management Group News Editor Jeff Berman recently caught up with Mark Yeager, Redwood Logistics CEO and Senior Advisor with CI Capital Partners. Yeager provided…
According to Jacob Shapiro, a geopolitical analyst, 90 percent of the businesses with a direct impact to their supply chains as a result of COVID-19…