The ATA’s advanced seasonally-adjusted (SA) For-Hire Truck Tonnage Index for May, at 114 (2015=100) fell 6.1% compared to April’s 121.8, which was up 7% over March. And compared to May 2018, SA tonnage eked out a 0.9% gain, which ATA said marks its smallest annual SA tonnage gain going back to April 2017.
May shipments, at 1.128, slipped 6% annually and were down 2.8% compared to April. This marks the sixth consecutive month that annual shipments were down. Freight expenditures in May, at 2.845, were down 1.08% annually and down 2.2% compared to April.
Using artificial intelligence, the Internet of Things and predictive analytics, several advanced platforms are integrating maintenance with workflow to everyone’s benefit.
Partnerships between industry and educators can provide real-world learning that beats the classroom every time in terms of engaging and retaining supply chain students.
Modern Materials Handling Maintenance, Repair and Operations Staff sat down with Kenneth Mainville or SSI Schaefer Systems International to discuss being a Automation technician.
Riding a booming economy, U.S. Business Logistics Costs (USBLC) rose 11.4% to reach $1.64 trillion– or 8% of 2018’s $20.5 trillion gross domestic product (GDP). That’s according to the authoritative State of Logistics report released today by A.T. Kearney, sponsored by the Council of Supply Chain Management Professionals and presented by Penske Logistics.
Falling 3.5 cents, the national diesel average is $3.070, following declines of 3.1 cents, 1.5 cents, and 1.2 cents, respectively, over the previous three weeks.
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 containerized freight was up 3% in May.
Railroad customers objected to escalating fines across the country’s seven Class I carriers and referred to monopolistic, unfair, illogical, and arbitrary actions by most of the railroads. The post Shippers Claim Class One Railroads Fines are Unfair, Illogical, and Arbitrary appeared first on Logistics Viewpoints.
Commerce reported that May retail sales, at $519.0 billion, were up 0.5% compared to April and up 3.2% annually. NRF reported that May retail sales were up 0.5% in May on a seasonally-adjusted basis compared to April, and up 3.2% annually on an unadjusted basis.