Stable consumer-driven spending and a strong forecast for business investment bode well for the manufacturing sector, according to the Manufacturers Alliance for Productivity and Innovation’s U.S. Industrial Outlook, a quarterly report that analyzes 27 major industries.
With the deadline for labor contract negotiations between the International Longshore Warehouse Union and the Pacific Maritime Association arriving last night, the current status remains in flux
The commercial real estate services firm of Cushman & Wakefield has distributed its latest Industrial Research MarketNote for North America, indicating that the sector continues to show steady growth across the United States, Canada and Mexico.
Global third-party logistics services provider CEVA Logistics said this week it has expanded its relationship with automotive bellwether Ford Motor Company. CEVA and Ford have had a business relationship for more than 20 years.
Transportation and logistics giant UPS said this week it kicked off construction to expand its Memphis-based package distribution facility by about one-third.
While U.S. shippers may have been surprised by China’s decision to oppose the P3 Network, there had been rumblings of discontent voiced by their counterparts in Hong Kong for some time.
A little more than a year after it established a partnership with Export to China (ETCN), a Chinese information, consulting, and commercial platform helping international enterprises with China import-export trade, to make Chinese trade data accessible in searchable company…
As was the case from a company perspective, fiscal fourth quarter output for less-than-truckload market leader FedEx Freight was strong, the company reported in its earnings announcement late last week.
There is an old saying in Washington that there are neither “Republican roads or Democratic roads,” merely roads used by all Americans to speed themselves and commerce throughout our 50 states.
The potential P3 partners – comprising ocean cargo giants Maersk, MSC, and CMA CGM – may have believed that they were just steps away from realizing their “network” dream. But industry insiders suggest that China’s veto power should not have been dismissed so quickly.
News that China’s Ministry of Commerce has withheld its approval of the P3 Network – comprising the world’s three largest ocean cargo carriers – may give shippers a reason to consider the viability of such an arrangement to begin with. Can the Chinese be right about…
The state of logistics is worrisome as logisticians struggled with uneven 2013 freight demand levels while bracing for a capacity crisis that is becoming “more severe,” a new definitive report on the sector says.
Thanks to an increasingly complex global marketplace, today’s Chief Procurement and Supply Chain Officers employ as broad an array of skills as ever before.
The impact on global supply chains has yet to be measured.
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