ISM report points to expected manufacturing and non-manufacturing growth in 2020

For manufacturing, ISM is estimating a 4.8% annual increase in 2020 revenue, which is up from the 1.9% increase that was pegged for 2019 over 2018. What’s more, 58.1% of manufacturing respondents expected 2020 revenues to be higher than 2019. And revenue growth in 2020 is expected to see annual gains in all 18 manufacturing industries ISM tracks. Source: logistics Mgmt

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Prologis report focuses on intersection of property categorizations and supply chain needs

The varying needs of supply chain-based industrial property occupiers paints a clear picture of how property categorizations shed light on the intersection of supply chain needs and different types of properties, according to a research report recently issued in a report by San Francisco-based real estate investment trust company Prologis. Source: logistics Mgmt

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Spot truckload rates see Thanksgiving bump for week ending December 1, reports DAT

Spot truckload rates benefitted from Thanksgiving coming later in November this year, coupled with typically hectic end of month activity, for the week of November 24 through December 1, according to data issued this week by Portland, Oregon-based DAT, a freight marketplace platform and information provider and a subsidiary of Roper Technologies. Source: logistics Mgmt

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Ferrero partners up with FourKites to augment shipment visibility and tracking

As a chocolate and confectionary shipper known for various household name sweets––including Nutella, Kinder, Ferrero Rocher, and Tic Tac––Ferrero is intent on getting its shipments to its customers’ sweet tooth’s, or destinations, across multiple modes. And with that intent comes the need for a very high level for augmented supply chain visibility, something it had been struggling with. Source: logistics Mgmt

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CN and Union Pacific tout Positive Train Control implementation process

On November 25, CN said that it has successfully met the federal requirement to operate PTC on all 35 of its U.S. subdivisions required to be equipped with PTC, meeting these requirements 13 months in advance of the December 2020 deadline. In late October, Union Pacific reported it implemented PTC on 1,113 route miles in the third quarter, which brings its required PTC-operated route miles to 15,791, or 93%, which includes all required passenger train routes. Source: logistics Mgmt

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