September retail sales see sequential declines and annual gains, report Commerce and NRF

Commerce reported that September retail sales, at $525.6 billion, were off 0.3% compared to August will rising 4.1% compared to September 2018. NRF reported that September retail sales were off 0.1%, from August to September, on a seasonally adjusted basis and up 4.5% on an unadjusted basis annually. NRF’s numbers do not include automobile dealers, gas stations, and restaurants. Source: logistics Mgmt

Read More

Pitney Bowes Parcel Shipping Index highlights strong growth for global parcel volumes

In 2018, the report said that global parcel volume came in at 87 billion, which was up 17% compared to 2017’s 74 billion and the highest ever recorded since the index has been published. What’s more, despite a high level of uncertainty in regards to global trade, it expects this tally to more than double to 200 billion parcels by 2025, coupled with a 13.7% compound annual growth rate from 2019-2023. Source: logistics Mgmt

Read More

BTS reports Freight TSI sets a new record

The Department of Transportation’s Bureau of Transportation Statistics (BTS) reported this week that its Freight Transportation Services Index (TSI) headed up 1.4% from July to August, the most recent month for which data is available, setting a new all-time high for the second consecutive month. Source: logistics Mgmt

Read More