Friday, April 01, 2016
ISM said that the PMI, its index used to measure growth, was 51.8 in March (a reading of 50 or higher indicates growth), which topped February’s 49.5 by 2.3 percent.
Posted on 04/01 at 12:25 PM
U.S. Carloads were down 18.2 percent compared to the same week last year at 232,348, and intermodal containers and trailers were off 14.5 percent at 237,923.
Posted on 04/01 at 09:59 AM
Thursday, March 31, 2016
With only three months to go before the mandatory changes instituted by the International Maritime Organization to the Safety of Life at Sea Convention come into force, MSC has announced that it has entered into a partnership with INTTRA.
President Obama signed into law the Trade Facilitation and Trade Enforcement Act of 2015. The new legislation now officially prohibits the importation of goods produced by forced labor or child labor, closing an 86 year old loophole and reauthorizing the Customs and Border Protection Agency to seize any imports suspected of being produced by forced labor.
Posted on 03/31 at 11:54 AM
Wednesday, March 30, 2016
UPS said this week it has broken ground on a Parsippany, N.J.-based global technology development center, which will host software developers, designers and other IT professionals focused on collaborating and developing innovative technology solutions to serve customers, drive operational efficiencies and growth and run the company’s global network.
Even though their respective positions on a large-scale merger remain unchanged, Class I railroad carriers Norfolk Southern and Canadian Pacific made their voices heard in regards to CP’s perseverance in wanting to acquire NS in what would represent a roughly $30 billion deal.
Posted on 03/30 at 10:33 AM
Tuesday, March 29, 2016
Heading up $0.02 to $2.121 per gallon, this follows a 2 cent increase last week.
Posted on 03/29 at 10:27 AM
Dynamo will work, it is inviting young logistics companies to apply for its accelerator program in an effort to advance what it called a “lagging” logistics sector in order to create efficiencies and faster business results for various technologies and practices.
Posted on 03/29 at 09:23 AM
Access America •
As Amazon continues to receive heightened interest in regards to how it handles supply chain and logistics operations. Logistics Management Group News Editor Jeff Berman recently caught up with Tom Racciatti, a director in West Monroe’s Operations Excellence practice, to get some fresh perspective on Amazon’s supply chain.
Posted on 03/29 at 02:02 AM
Monday, March 28, 2016
Despite improved results in January and February, the March edition of the Stifel Logistics Confidence Index suggests that these months may have merely amounted to positive blips within a downward trend.