Retail sales stumble in December to finish 2018 but see annual gains

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

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Deloitte’s industrial manufacturing outlook tracks digitalization’s steady march

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

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IANA reports Q4 and full-year 2018 gains

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...

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Q&A: Michael Gravier, Associate Professor of Marketing and SCM at Bryant University

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

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