Commerce reported that May retail sales, at $519.0 billion, were up 0.5% compared to April and up 3.2% annually. NRF reported that May retail sales were up 0.5% in May on a seasonally-adjusted basis compared to April, and up 3.2% annually on an unadjusted basis. Source: logistics Mgmt
Overland Park, Kan.-based national less-than-truckload (LTL) transportation services provider YRC Worldwide, parent of the fourth- and seventh-largest trucking entities in the LTL sector, released some operating metrics for the first two months of the second quarter. Source: logistics Mgmt
The index ISM uses to measure non-manufacturing growth—known as the NMI—was up 1.4% to 56.9 (a reading of 50 or higher indicates growth is occurring). Source: logistics Mgmt
Two subsidiaries of TFI International, a transportation and logistics holding company, Dallas-based TForce, a customized final-mile logistics services provider, and Joplin, Mo.-based CFI Logistics, a trucking and logistics services provider, have partnered up to create a dedicated final-mile delivery network comprised of truckload transportation assets and logistics expertise to support high-velocity, time-definite supply chain operations. Source: logistics Mgmt
Falling 1.5 cents, the national diesel average now stands at $3.136 per gallon. This comes on the heels of a 1.2-cent decline and a 0.03-cent increase, respectively, over the previous two weeks. Source: logistics Mgmt
It seems that most everywhere you look in the past couple of months there are robots. And they are almost always doing something new. Source: logistics Mgmt
As storms continue to strike supply chains across the nation, a new report from DHL has been crafted to help managers mitigate risk and anticipate disruption. Source: logistics Mgmt
The report’s key metric, the PMI, fell 0.7% to 52.1 (a reading of 50 or higher indicates growth) in May, following a 2.5% decline from March to April, a 1.1% increase from February to March, and a 2.3% increase from December to January. While an uneven growth pattern remains intact, the index has seen growth for 33 consecutive months, with the over all economy now having grown for 121 consecutive months. The May PMI reading is 4.6% below the 12-month...
National less-than-truckload carrier Old Dominion Freight Line (ODFL) was recently recognized by the American Red Cross for its efforts in supporting Red Cross Disaster Relief through the Disaster Relief Program, in the form of an annual pledge of $250,000. Source: logistics Mgmt
Colgate-Palmolive Takes Top Spot, Unilever Joins the "Masters" Category. Source: logistics Mgmt
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