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Industry News
Holiday hiring time has arrived for the transportation and logistics sector
The time for holiday hiring has arrived, with three of the biggest households in the freight transportation and logistics sectors-UPS, FedEx, and XPO Logistics, each making announcements to that effect over the last few days.
AAR’s Hamberger lauds progress of Positive Train Control at House hearing
As the late December deadline for the implementation of Positive Train Control (PTC) by United States railroads gets closer, the overall outlook for PTC looks encouraging.
U.S.-bound imports are down sequentially and up annually in August, reports Panjiva
Coming off of an all-time monthly high for United States-bound waterborne shipments in July, August levels, while still strong, were down slightly, according to data recently issued by global trade intelligent firm Panjiva.
Total Omni-Channel Logistics Leaders: Top 5 Inventory Insights for 2018
One tried and true supply chain discipline continues to impact omni-channel success – the management and optimization of inventory.
Cass Freight Index highlights strong August shipments and expenditures output
August freight shipments, at 1.227, rose 6% annually and were off 1.4% compared to July, and August freight expenditures, at 2.917, increased 16.7% annually and were up 0.6% compared to July.
Commerce and NRF report August retail sales gains
Commerce reported that August retail sales, at $509 billion, were up 0.1% compared to July and were up 6.6% annually. NRF also reported a 0.1% gain from July to August, with its data excluding automobiles, gasoline stations, and restaurants. Compared to August 2017, it reported a 5% gain, with the economy continuing to show strength amid concerns over the trade war.
AAR reports annual carload and intermodal gains for week ending September 8
Rail carloads, at 253,293, were up 2.6% compared to the same week last year. Intermodal containers and trailers, at 248,915, increased 5.8% annually.
August volumes decline at Port of Los Angeles and Port of Long Beach
August volumes at the Port of Los Angeles (POLA) and the Port of Long Beach (POLB) were both down, according data recently released by the ports.
Cass and Broughton Capital data highlights another strong month for truckload and intermodal rates
Pricing for both truckload and intermodal freight movements were again strong in August, according to data in the most recent editions of the Truckload Linehaul Index and Intermodal Index from Cass Information Systems and Broughton Capital.
Material Handling & Logistics Conference: Day 2.
Can we talk about robots? And, not just robots. Let’s add Big Data, Artificial Intelligence and Machine Learning to the conversation, all of which have been on the menu at this year’s conference.