Monday, February 01, 2016
Distribution centers are dealing with more inventory and more SKUs than ever, and the need to fill orders for multiple channels is making inventory management more important and more complex. Here’s a list of tips for the omni-channel era.
The Institute for Supply Management (ISM) reported today that manufacturing activity again contracted for the fourth straight month.
Posted on 02/01 at 01:24 PM
ATA reported that the annualized turnover rate for large truckload carriers, which it defines as truckload fleets with more than $30 million in revenue, headed up 13 percent to 100 percent from the second quarter to the third quarter, representing the highest level it has hit in the last three years.
Posted on 02/01 at 11:18 AM
driver turnover •
Third-party logistics and freight transportation services provider XPO Logistics said late last week that it has commenced a workforce reduction for its less-than-truckload (LTL) unit, which it acquired from Con-way, when XPO acquired Con-way last year.
Posted on 02/01 at 09:47 AM
XPO Logistics •
Busy transportation managers are dealing with lots of news on a daily basis in the areas of domestic and international freight. For most U.S. shippers, the focus is on domestic issues of dimensional freight rates and hours-of-service (HOS) rule changes. For many shippers, it’s only when new regulations or process changes require action that they stop and look at their ocean freight costs, processes and business partners.
If it feels like global oil and fuel markets are in a constant state of turmoil—it’s because they are. And as we enter 2016, markets could not be more unstable.
Friday, January 29, 2016
Class I railroad carrier Norfolk Southern this week released additional information on its strategic plan, which it said is geared to streamline operations and drive profitability and growth on various fronts. NS officials said its projected expense reduction and cost control efforts will be focused in a few specific areas, including compensation and benefits, purchased services and rents, materials, and fuel. The company initially introduced the plan on December 4, 2015.
Logistics managers seeking yet one more forecast as the year gets underway, may wish to check in with Rodger Howell, PwC’s Strategy& Principal, specializing in strategy and operations. He sees a few key areas that should be central to corporate efforts during 2016.
Posted on 01/29 at 10:33 AM
The Department of Transportation’s Bureau of Transportation Statistics (BTS) reported this week that that U.S. trade with its North America Free Trade Agreement (NAFTA) partners Canada and Mexico fell 8.4 percent to $88.2 billion in November 2015, with all modes of transportation having a lower freight value compared to the same period in 2014.
Posted on 01/29 at 08:47 AM