Rising levels of inventory, particularly in some areas of the retail sector, could warrant some worries about an economic slowdown if it weren’t for the…
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Source: logistics Mgmt
There are signs of normalcy returning after three years of turbulence in the $830 billion trucking market. Recovering from chaotic conditions caused by pandemic-driven economic…
Entitled Hi-Fi visibility, the company explained that this offering gives shippers detailed, real-time updates across trailer pools and shipments hauled by Convoy-connected carriers, as well…
Total August POLA volume—at an estimated 806,000 TEU (Twenty-Foot Equivalent Units)—was of 15% compared to August 2021, and total August POLB volume came in at…
August’s shipment reading—at 1.278—increased 3.6% annually, and freight expenditures—at 4.614—increased 20.4% Source: logistics Mgmt
Under the terms of the deal, DB Schenker said it will acquire all outstanding shares of USA Truck common stock for $31.72 per share in…
Commerce reported that August retail sales—at $683.3 billion—rose 0.3% compared to July, while posting a 9.1% annual increase. NRF said that in its calculation of…
Leading up to this development, there had been a high level of uncertainty and anxiety among supply chain stakeholders through multiple modes of freight transportation,…
Falling 5.1 cents, the national average came in at $5.033, following a 3.1-cent decline, to $5.084, for the week of September 5. That decline was…
While two more railroad labor unions have reached tentative agreements with United States freight railroad carriers, the possibility of a freight railroad strike remains a…
For June, the most recent month for which data is available, the TCI came in at -3.36, down from May’s -0.3 reading. FTR said that…
Established in 2006, TAGG Logistics has more than 4 million square-feet (SF) of warehousing space throughout the U.S., which Hub officials said allow for best-in-class…
Logistics Management (LM) Group News Editor Jeff Berman recently caught up with Paul Bingham, Supply Chain Transportation Economics Consulting, for S&P Global Market Intelligence, to…
A Logistics Management reader survey of more than 100 freight transportation, logistics, and supply chain stakeholders found that 45% of respondents expect a more active…
Warehouse and DC managers are feeling the pressure of e-commerce growth, high order volumes, as well as deep concerns around labor availability and international supply…
With nearly $10.3 billion in supply chain management revenues for 2021, the leading 10 providers of SCM software topped double-digit growth, growing faster than the…
Following an early July announcement in which it said it planned to kick off a New York State service expansion, effective in mid-August, Pittsburgh-based less-than-truckload…
July’s shipment reading—at 1.182—declined slightly annually, falling 0.4%, less than June’s 2.3% decrease, and July expenditures—at 4.499 increased 28.2% annually, while falling 3.6% compared to…
Second quarter revenue saw a 15% annual increase, to $2.2 billion. Net income came in at $51 million, topping the second quarter of 2011 by…