The December 2015 Semiannual Economic Forecast issued by the Institute for Supply Management presented an optimistic outlook for the the manufacturing and non-manufacturing sectors in 2016.
The dramatic decline to ocean freight spot market rates has served to widen the pricing differential to air rates to record levels, say Drewry Supply Chain Advisors.
For the last five months, supply chain managers indicated that they were losing faith in sustaining long-term distribution plans. Indeed, according to the Stifel Logistics Confidence Index, the decline in scores fell to its lowest ebb in the past three years.
The index ISM uses to measure non-manufacturing growth—known as the NMI—came in at 55.9 in November (a level of 50 or higher indicates growth), which was down 3.2 percent compared to October.
The pending implementation of Safety of Life at Sea (SOLAS) verified gross mass (VGM) regulations will add yet more complexity to the troubled global ocean container industry.
While staving off contraction in the previous four months, manufacturing in November did not grow, according to the most recent edition of the Institute for Supply Management's (ISM) Manufacturing Report on Business.
The 2015 Pain in the (Supply) Chain survey recently conducted by UPS coincided this year with qualitative interviews of healthcare executives in North America to gain further insights into trends, challenges and opportunities having an impact on healthcare logistics.
Stericycle ExpertSOLUTIONS recently released the findings of its Q3 2015 Stericycle Recall Index, which found that household goods account for a significant majority of all product recalls in the U.S. since 2010.
Zurich Insurance has just released the findings of two major studies that reveal compelling insights into the supply chain risks facing U.S. businesses today.
Regardless of the motive, environmental and social supply chain sustainability requires a level of transparency, and ultimately integrity, that is only beginning to be recognized.
The total number of October shipments at 913,543 was flat compared to September, which was consistent with growth patterns in recent years, with 2014 up 2 percent, 2013 up 3 percent, and 2012 down 1 percent.
Friday, November 20, 2015 · Carol Britton and Patrick Penfield
Safeguarding trillions of dollars is serious business. BNY Mellon, one of the nation's oldest and largest financial institutions, is just as serious about its commitment to sustainability.
Christopher L. Koch, who just retired from a 15-year tenure as president and CEO of the World Shipping Council (WSC), and continues to serve as its senior advisor, is still telling shippers to stay the course.
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