A little while back, in this space, I wrote a blog with the following headline: “Is it time to be (a little) concerned about the economy?” Many of the points in that blog describing [...]
The first quarter turnover rate for large fleets with more than $30 million in revenue increased 5% to 83%, which was lower than the 2018 average rate of 89% and down 11% compared to the first [...]
Availability of U.S. industrial and logistics & estate rises after 34 months of declines, says CBRE
Research issued this week by Los Angeles-based industrial real estate firm CBRE pointed to a mild uptick in the second quarter availability rate for United States industrial real estate, snapping [...]
Half of the nearly 3,000 consumers surveyed said they avoid retailers that do not offer free shipping, and 84% said they’ve specifically made a purchase because shipping was free.
As you may likely know, today and tomorrow are both part of Amazon Prime Day, which the global e-commerce titan refers to as “a 2-day parade of epic deals.” If that does not sum up [...]
With its one-day Prime delivery program made available “coast-to-coast” to consumers on July 15, many supply chain managers are concerned about its impact on demand cycles in the future.
May’s Freight reading, at 135.4, marks the second straight month of declines, falling 0.7% from April and 0.2% annually, with the latter well off an 8.6% annual gain from May 2017 to May 2018.
Hub said that the primary driver for this building, which is set to open in September 2020, is to accommodate increasing staffing levels while it scales up to meet the growing needs of its customers.
Roseville, Minnesota-based LME Inc., a Midwestern regional less-than-truckload (LTL) carrier, has shuttered its operations. A notice on LME’s website that was posted yesterday, July 11, [...]
Tight capacity, high rates, rapid e-commerce growth and a booming economy fueled an 11.45% rise in U.S. logistics costs over the course of 2018. However, new freight management innovations [...]
Chicago-based transportation management services provider Coyote Logistics, a subsidiary of freight transportation and logistics services bellwether UPS, this week introduced a new program and [...]
While trade tensions with China have already disrupted many U.S. supply chains, analysts suggest that a recalibration of shipping and sourcing destinations is long overdue. Emerging markets might [...]
State of 3PL: More mergers and aquisitions on the horizon
Rail carloads, at 220,759, were off 8.2% annually, and intermodal units, at 227,700, saw a 6.9% annual decline.
The American Logistics Aid Network (ALAN), a philanthropic, industry-wide organization that provides free logistics assistance to disaster relief organizations before, during and after [...]
Scottsdale, Ariz.-based GlobalTranz, a full-service 3PL focused on freight brokerage and technology, announced today it has rolled out a new digital freight matching (DFM) offering, entitled GTZ [...]
Through the first six months of 2019, U.S. rail carloads––at 6,552,218––were down 2.9%, or 195,168 carloads, compared to the first six months of 2018, and intermodal units [...]
Trump and Xi did agree to restart the stalled trade talks, but no date or agenda was announced.
The index ISM uses to measure non-manufacturing growth—known as the NMI—slipped 1.8% to 55.1 (a reading of 50 or higher indicates growth is occurring). This reading represents the [...]
The report’s key metric, the PMI, dipped 0.4% to 51.7 (a reading of 50 or higher indicates growth), following 0.7% and 2.5% declines in May and April, respectively. The index has seen [...]
Besides ranking the Top 20 U.S. maritime ports by import volumes, measured in twenty-foot equivalent units (TEUs) , it also offers a look at the countries of origin and top products imported for [...]
A whole host of issues impacting freight transportation and logistics, including tariffs, capacity, market conditions and others, were front and center at the SMC3 Connections CEO panel yesterday [...]
For optimistic folks still holding on to the hope of a long-term federal transportation authorization coming to fruition before the next Presidential election, it is likely time to label those [...]
This Making the Case report, examines the age-old gap that exists between sourcing and logistics, explain how it’s making an impact on the global supply chain, and offer a solution that can [...]
Effective June 23, the United States Postal Service (USPS) will formally make a change in how it implements its dimensional weight rules. This will be done through lowering the dimensional [...]
Austin, Texas-based freight brokerage and transportation management services provider Arrive Logistics said this week it has closed on a $25 million Series B equity financing. This round of [...]
If the recent announcement made by FedEx in which it publicly stated it is no longer doing business with Amazon left any type of mark for Amazon, it looks like it did not phase the global [...]
May shipments, at 1,078,514, rose 0.8% annually. On a year-to-date basis, shipments through May, at 4,974,896, are up 2.5% compared to the same period a year ago. The firm added that [...]
Entitled “Cold Storage Space: One Size Does Not Fit All,” the report cited a projection from the Food Marketing Institute and Nielsen that there could be demand for up to 100 million [...]
Overland Park, Kan.-based national less-than-truckload (LTL) transportation services provider YRC Worldwide, parent of the fourth- and seventh-largest trucking entities in the LTL sector, [...]
With a 3.1-cent decrease, the national diesel average now stands at $3.105 per gallon, following 1.5-cent and 1.2-cent declines, respectively, over the previous two weeks.
In News, Logistics, 3PL, Global Trade, Parcel Express, Sustainability, Transportation, Air Freight, Motor Freight, Ocean Freight,Posted
With global express delivery and logistics services provider DHL Express recently celebrating its 50th birthday, Logistics Management Group News Editor Jeff Berman recently caight up with DHL [...]
The most recent edition of the Port Tracker Report issued by the National Retail Federation (NRF) and maritime consultancy Hackett Associates late last week indicted that import levels and United [...]
date. FedEx made that clear late last week, when it announced it made a strategic decision not to renew the FedEx Express U.S. domestic contract with Amazon.com, Inc. as it focuses on serving the [...]
The index ISM uses to measure non-manufacturing growth—known as the NMI—was up 1.4% to 56.9 (a reading of 50 or higher indicates growth is occurring).
The inexorable advance of Amazon is creating new challenges for logistics managers who must meet heightened shipper expectations while navigating today’s complex 3PL marketplace.
While carriers struggle to meet IMO 2020 standards, shippers remain dissatisfied with current ocean cargo performance. A dramatic shift in carrier business culture may be needed to meet these [...]
Held at the iconic Chicago Athletic Club, this two-day conference brought together a broad spectrum of supply chain experts, academics, vendors and senior-level executives to discuss what’s [...]
Two subsidiaries of TFI International, a transportation and logistics holding company, Dallas-based TForce, a customized final-mile logistics services provider, and Joplin, Mo.-based CFI [...]
Class I railroad carrier Norfolk Southern said this week it is making significant strides on its precision scheduled railroading (PSR) initiative, entitled TOP21, which in initially announced [...]
When FedEx announced last week that it plans to launch residential delivery seven days a week for most of the United States, effective January 2020 in an effort to “further serve the [...]
The report’s key metric, the PMI, fell 0.7% to 52.1 (a reading of 50 or higher indicates growth) in May, following a 2.5% decline from March to April, a 1.1% increase from February to [...]
Kenco said this new warehouse space will function as what it called a true test facility for its team of innovation specialists whom will assess value-added technology and also provide advanced [...]
The topic of tariffs and the ongoing trade war has primarily involved the United States and China. But Mexico is now in the mix, too, albeit not formally yet, based on Tweets and a statement [...]
Averitt said that this new location replaces a previous facility it operated for more than 20 years. The previous facility was 9,100 square-feet, whereas the new location is comprised of more [...]
Rail carloads, at 259,953, fell 5%, and intermodal units, at 268,013, were down 8.3%.
Amber Road's eBook, Global Supply Chain Analytics, explores ways to improve current supply chain processes.
The FRA said that based upon railroad’s First Quarter 2019 PTC progress reports submitted to FRA by April 30, railroads required to implement PTC are making significant process toward full [...]
The lack of connectivity between your systems and processes is your #1 barrier to efficiency and growth. Having helped some of the world's top logistics providers, Software AG shows how APIs can [...]
Memphis-based global transportation and logistics bellwether FedEx said today its FedEx Ground subsidiary will kick off residential delivery seven days a week for most of the United States, [...]
In News, Logistics, 3PL, Parcel Express, Transportation, Motor Freight, Ports, Rail & Intermodal, Technology,Posted
Logistics Management Group News Editor Jeff Berman recently caught up with Bobby Harris, founder and CEO of Tampa, Fla.-based non asset-based 3PL BlueGrace Logistics about various topics within [...]
April shipments, at 994,492, rose 3.5% compared to March, which was up 6.8% compared to February. On a year-to-date basis, shipments for the first four months of 2019, at 3,893,067, are up 2.9%. [...]
With the Jones Act under fire, it's time once again to consider the advantages of having a ready U.S. Merchant Marine
For March, the most recent month for which data is available, the SCI came in at 2.8, which topped February’s 0.6, as well as January’s 1.4 and December’s 1.8. This reading is [...]
Rail carloads, at 267,006, were up 2.2%, and intermodal units, at 269,352, were down 5.5%.
Total April volume, at 1,506,210, was up 0.2% annually. Trailers again saw the steepest decline, falling 13% to 102,349, following March’s 12.1% annual decline. Domestic containers, at [...]
While USMCA has still not been formally signed into law, it has the attention of the freight railroad sector, to be sure. And that was presented in a very detailed letter sent to the Members of [...]
Reports from earlier this week noted that the United States Supreme Court indicated it would not take up an appeal from UPS in which UPS wanted the Court to mandate that the United States Postal [...]
In its most recent example of maintaining a keen focus on supply chain sustainability, global transport and logistics bellwether UPS announced today that it has inked a deal with Clean Energy [...]
In News, Logistics, 3PL, Transportation, Motor Freight, Rail & Intermodal, Technology, Software,Posted
Freight transportation and logistics services provider Hub Group announced today that it has rolled out enhanced end-to-end visibility with real-time shipment-level ETA (estimated time of arrivals).
Chicago-based project44, a technology services provider offering standardized, secure Web service API (application programming interfaces) integrations enabling 3PLs and shippers to connect with [...]
April shipments, at 1.194, were down 3.2% annually and down 0.3% compared to March. This marks the fifth consecutive month that annual shipments were down. April expenditures, at 2.909, rose 6.2% [...]
That feeling that the United States-China “trade war” was going to come to some kind of a mutually beneficial resolution by late May or early June does not exactly seem like such a [...]
The Department of Transportation’s Surface Transportation Board (STB) recently announced that its Rate Reform Task Force completed report with its recommendations for potential changes to [...]
The Teamsters said that this contract raises wages, restores a week of vacation, and protects benefits. This contract covers roughly 25,000 YRC Freight workers at its YRC Freight Holland, and New [...]
In this webcast LM's group editorial director Michael Levans gathers four top supply chain management technology analysts to discuss how some of the hottest software and technologies is helping [...]
Supply chain software provider Manhattan Associates recently rolled out an updated release of its cloud-based Transportation Management System (TMS), entitled Manhattan TMS, which it said [...]
With a less than one percent decline from March, April non-manufacturing activity was close to flat, according, to the Non-Manufacturing Report on Business, which was issued today by the [...]
Rail carloads, at 1,041,544, decreased 0.9%, or 9,130 carloads, annually, and intermodal, at 1,056,146, fell 2.1%, or 51,962 units.
In News, Logistics, 3PL, Transportation, Motor Freight, Rail & Intermodal, Technology, Cloud, Software,Posted
EBITDA, at $343 million, was up 3.9% annually for a first quarter record, and adjusted earnings per share, at $0.51, topped Wall Street estimates of $0.39. Free cash flow for the quarter came in [...]
The key elements of this partnership include the addition of the Emerge marketplace to the Kuebix Community Load Match, which is a single source offering focused on attractive rates and capacity [...]
In a move geared toward rising demand for final mile logistics services, freight transportation and logistics services provider Averitt Express announced this week that it has expanded its [...]
The Institute for Supply Management (ISM) reported today in its April Manufacturing Report on Business that April Manufacturing output remained in growth modes, despite seeing declines in some of [...]
Lately, it seems odd when there is not any news coming about logistics inroads being made by global e-commerce bellwether Amazon. If it is not announcing a pending rollout of one-day free [...]
A photo op at the White House between leaders of both political parties has renewed hopes for a comprehensive, costly, and sorely needed huge package on infrastructure improvements that [...]
Rising 2.2 cents, this week’s average is at $3.169, following gains of 2.7-cents and 2.5-cents, respectively, the previous two weeks.
While the interminable debate between business interests and the freight railroad sector’s chief regulatory arm continues to linger, one thing remains certain: the state of proposed freight [...]
Green Bay, Wisconsin-based Schneider National, a provider of truckload, intermodal and logistics services, recently announced it is broadening its middle- mile configuration to include its Van [...]
Download this free Insider Q&A with Locus Robotics’ CEO Rick Faulk as he discusses how robotics can dramatically improve the makeup and efficiency of any fulfillment facility.
Research recently released by industrial real estate firm CBRE showed that the first quarter availability rate for United States industrial real estate, for the first quarter of 2019, was [...]
35th Annual Salary Survey, the most comprehensive report of the current state of salaries and overall compensation packages for logistics and supply chain professionals.
The ATA’s advanced seasonally-adjusted (SA) For-Hire Truck Tonnage Index for March, at 113.2 (2015=100) was down 2.3%, following a 1.5% February decline, to 115.8, which was downwardly [...]
Amber Road and the American Association of Exporters and Importers (AAEI) set out to discover how supply chain professionals handle these situations using technology.
For February, the most recent month for which data is available, the TCI was 1.71, down from January’s 5.79. December’s reading was 11.46, which marked a significant increase over [...]
With a 2.7-cent increase, this week’s average is $3.145 per gallon. This gain was preceded by a 2.5-cent gain last week, to $3.118, ahead of the week of April 8, which came in at $3.093.
United States Department of Transportation (DOT) Secretary Elaine Chao announced that DOT has rolled out a Notice of Funding Opportunity (NOFO) to apply for $900 million in discretionary grant [...]
The Department of Transportation (DOT), reacting to more than 5,200 comments filed on potential changes to truck driver hours-of-service (HOS) and other regulations, is moving in that direction.
The company is positioning itself at a TMS provider for brokers, carriers, and shippers to manage all modes and geographies. According to the company’s website, Mastery’s platform [...]
Following the late March update that YRC Freight the largest subsidiary of less-than-truckload (LTL) transportation services provider YRC Worldwide, and the Teamsters National Freight Negotiating [...]
For more than a little while, much has been made of what has been viewed as strong economic growth. To what degree, though, varies based on the person or the source. According to President Trump, [...]
This marks the sixth time in the last eight weeks has seen a gain, and it also marked the eighth consecutive week that the national diesel average has topped the $3 per gallon mark.
Blockchain is already here and growing for supply chains, but it will take time for its full potential to take shape, presenters at Monday keynote said, including Karim R. Lakhani of Harvard [...]
A combination of previously planned tariff hikes remaining in a holding pattern and the pending summer season coming equals an expected gain in United States retail container volumes according to [...]
DHL Supply Chain, a subsidiary of Deutsche Post DHL Group, formally announced a $100 million capital outlay to build a Dorchester, County South Carolina-based distribution and warehouse park. [...]
The importance, and emergence, of data management and analytics within supply chain management continues to be on an upswing, and for good reason. One being it helps shippers streamline key [...]
Revenue growth remains healthy for all major U.S. transportation sectors, though recent events could level off the rate of growth for some segments in the coming months according to Fitch Ratings [...]