Subscribe to our free, weekly email newsletter!


Moderate revenue growth expected for manufacturing in 2013

PwC Manufacturing Barometer illustrates the confidence and caution in manufacturers' hiring and investment plans.
By Josh Bond, Contributing Editor
October 25, 2013

U.S. industrial manufacturing executives remain confident about their ability to guide their companies through global and domestic challenges, according to the Q3 2013 Manufacturing Barometer, released by PwC US.

Commenting on the report, Bobby Bono, U.S. industrial manufacturing leader for PwC, said the atmosphere of uncertainty is influencing executives’ approach to capital investment and hiring. And although hiring predictions are strong, many companies expressed difficulty finding appropriately qualified middle managers and skilled workers. That said, an impressive 82% of executives anticipate revenue growth in the coming year, reflecting their confidence amid economic, regulatory and legislative challenges.

Click here to read the full story on the Modern Materials Handling website, and click here to view the full report.

About the Author

Josh Bond
Contributing Editor

Josh Bond is a contributing editor to Modern. In addition to working on Modern’s annual Casebook and being a member of the Show Daily team, Josh covers lift trucks for the magazine.


Subscribe to Logistics Management magazine

Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your
entire logistics operation.
Start your FREE subscription today!

Recent Entries

U.S. Carloads were down 7.8 percent annually at 259,544, and intermodal volume was off 15.7 percent for the week ending February 21 at 213,617 containers and trailers.

The Department of Transportation’s Bureau of Transportation Logistics (BTS) reported this week that U.S. trade with its North America Free Trade Agreement partners Canada and Mexico in December 2014 was up 5.4 percent annually at $95.8 billion. This marks the 11th straight month of annual increases, according to BTS officials.

While the volume decline was steep, there was numerous reasons behind it, including terminal congestion, protracted contract negotiations between the Pacific Maritime Association and the International Longshore and Warehouse Union, and other supply chain-related issues, according to POLA officials.

Truckload rates for the month of January, which measures truckload linehaul rates paid during the month, saw a 7.9 percent annual hike, and intermodal rates dropped 0.3 percent compared to January 2014, which the report pointed out marks the first annual intermodal pricing decline since December 2013.

Largely leveraging the net positive impact of lower fuel prices, the Shippers Conditions Index (SCI) from freight transportation consultancy FTR made major strides in December, the most recent month for which data is available.

Article Topics

News · Global · PwC · Manufacturing · Economy · Labor · All topics

Comments

Post a comment
Commenting is not available in this channel entry.


© Copyright 2015 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA