Filed in Supply Chain Management
Friday, March 11, 2011
Retail sales continued their solid momentum with February data showing sequential and annual growth, according to data from the United States Department of Commerce and the National Retail Federation (NRF).
While it was not unexpected, data from Panjiva, an online search engine with detailed information on global suppliers and manufacturers, indicated that the number of United States-bound waterborne shipments dropped 15 percent from January to February.
Wednesday, March 09, 2011
When I am asked what the big topic in the industries LM covers is these days, there is no surprise of late. It is a one word answer: fuel. How could it really be anything else at this point? If you need more proof, look at the past two weeks of diesel price increases from the Energy Information Administration. They both check in around the 15-cent mark. Ouch.
Tuesday, March 08, 2011
Cherry Hill, New Jersey-based NFI, an asset-based third-party logistics (3PL) services provider said this week it has acquired World Warehouse and Distribution, a Champlain, NY-based 3PL and warehousing services provider with facilities in Champlain and Albany, NY and Montreal.
Freight transportation services provider ABF said this week it has rolled out its RPM service to the western one-third of the United States.
Monday, March 07, 2011
In an era of globe-spanning operations, multiple events over the past year once again underscore the critical need to develop comprehensive business continuity plans in light of supply chain vulnerabilities.
Thursday, March 03, 2011
The ISM’s index for measuring the sector’s overall health—known at the NMI—was 59.7 in January, a 2.3 percent increase from December. Like the ISM’s Manufacturing Report on Business, a reading above 50 represents growth.
Wednesday, March 02, 2011
An improving economy led by various drivers for logistics services laid down the foundation for strong demand for logistics space during the second half of 2010, according to a new report from commercial real estate firm Grubb & Ellis, entitled "Logistics Market Trends United States Second Half 2010."
An improving market in the trucking sector is apparent, according to the most recent edition of the Trucking Update from FTR Associates, a freight transportation forecasting firm. FTR said that its Trucking Conditions Index (TCI), which is a compilation of factors affecting trucking, ticked up to 9.1 in January from December’s 7.1, adding that the TCI has seen steady gains since last October.
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Tuesday, March 01, 2011
Momentum in the manufacturing sector is continuing at a strong pace, based on the most recent results of the Institute for Supply Management’s (ISM) February Manufacturing Report on Business.