December retail sales, at $505.8 billion, were down 1.2% compared to November’s revised $512.2 billion (from $513.5 billion). While December retail sales saw a sequential decline, Commerce reported they were up 2.3% compared to December 2018. Total 2018 retail sales headed up 5% annually, to $6 trillion, according to Commerce, and total retail sales for the fourth quarter increased 3.7% annually. Source: logistics Mgmt
This week’s average, at $2.966, matched the week of February 4, and was up $0.001 compared to the $2.965 average for the weeks ending January 28 and January 21, respectively. Source: logistics Mgmt
The industrial manufacturing industry is in a unique position in the coming year, according to Deloitte’s 2019 Outlook on Industrial Manufacturing. The outlook indicates that although output, utilization and financial performance are up, trade tensions are causing doubt, skilled talent is in short supply, and supply chains are struggling to match demand. Source: logistics Mgmt
The shift is on from a focus on cost to the customer. Source: logistics Mgmt
The focus in Las Vegas was on a quartet of end users who shared their distribution center experiences. Source: logistics Mgmt
It’s moving slow, but Big Data, AI and machine learning are beginning to impact reverse logistics. Source: logistics Mgmt
Total fourth quarter intermodal volume movements, at 4,799,714, posted a 4.2% annual gain, which was in line with the third quarter’s 4.7% annual increase but down compared to 7.2% and 6.2% annual gains in the first and second quarters, respectively. For all of 2019, total intermodal volume increased 5.6% annually to 18,931,323. ISO again led the way, rising 5.4% to 9,558,448 for a new all-time record, and domestic containers, at 7,928,304, were up 4.9%. Despite the dip in the fourth...
Most people underestimate the massive changes to logistics/distribution network strategy. Where traditional logistics and materials management focused on the manufacturing and production end of the supply chain, e-commerce focuses more heavily on the end consumer. Where facility location decisions used to change on a decade scale, e-commerce now must respond to fickle consumer markets. Source: logistics Mgmt
This month we spoke with Rich Sherman, senior fellow at the Supply Chain Council of Excellence at Tata Consultancy Services. Source: logistics Mgmt
In a healthy but fiercely competitive landscape, technology continues to play a pivotal role in the ongoing digital transformation of supply chains big and small. Source: logistics Mgmt
But plans to create a combined fleet of...
Multimodal Heavy Lift Freight Forwarding Operation Handled by...