Services economy activity continues to grow in May, reports ISM
June 5, 2023
The Services PMI—at 50.3 (a reading of 50 or higher signals growth)—fell 1.6% off of May’s 51.9 reading, growing, at a slower rate, for the fifth consecutive month. ISM said that the services sector has seen growth in 35 of the last 36 months, with December 2022 being the one month with a decline.
2023 State of Robotics: Measurable performance and integration come into focus
June 5, 2023
There were hordes of robots at ProMat 2023, but what are they doing for operations in terms of high-value applications, and how do they integrate to help material flow? To find out, we asked a few exhibitors about the top warehouse robotic apps and trends.
Transportation Best Practices/Trends: Private fleet growth soars
June 5, 2023
We take a deeper dive behind the numbers to examine why private fleets have had eight consecutive years of consistent growth in four key metrics—shipments, volume, value, and miles-run.
LMS Update: Expanding into networked labor management
June 5, 2023
Companies of all sizes are leveraging labor management systems to detect workforce issues, improve asset utilization, and incentivize employees across a distributed network.
RK Logistics announces expansion into Arizona
June 5, 2023
Company officials said that this new office will support customers throughout the greater Phoenix area, as well as southern Arizona. And they added the office will, at first, be the location for the company’s local sales, business development and administrative staff, with a focus on providing logistics services for current and also emerging industrial and manufacturing businesses and also their suppliers in Arizona’s Silicon Desert region.
2023 Cross-border Update: Business Booms
June 5, 2023
What has been called “phenomenal” growth in near-shoring will only increase cross-border trade as manufacturers seek sites closer to their markets. While freight transportation providers are streamlining cross-border moves with strong data, partnerships, and expertise, there’s still a lot shippers need to understand before setting up a long-term strategy.
Preliminary Class 8 truck orders see May gains
June 5, 2023
FTR reported that May preliminary orders, at 13,600 units, beat expectations, as orders had seen declines in six out of seven months through May, rising 9%, from April to May. ACT reported that preliminary North American Class 8 May orders—at 15,500 units—was up 10% annually and rose 29%, from April to May.
EVs + AVs = FVs (Future Vehicles): A seismic wave?
June 5, 2023
This is a game-changing transformation for transportation, with much the same impact of the jump from sail to steam power and steam to diesel propulsion.