Commerce reported that May retail sales at $455.6 billion rose 0.5 percent over April, and the NRF said retail sales saw a 3.2 percent annual increase in May.
With the complex economic and global trade environment pushing rates higher, shippers are under pressure to nail down the right suppliers and transportation partners—while squeezing as much value as possible out of their supplier/transportation network.
A new report from the MAPI Foundation indicates that despite the economic slowdown in the industrial sector over the past year, the incidence of actual and planned automation investment is very high in American manufacturing.
Cloud-based systems are supposed to reduce implementation and operating costs. But, what happens if your organization is still depreciating your old ERP while migrating to the new?
As was the case in the previous two years, the optimism of respondents towards global trade continued to dip, with 45 percent of the survey's respondents optimism about prospects for global trade this year, which is down from 2015's 55 percent and 2014's 64…
While California has long been a vital leader creating trade and transportation trends, the state is becoming stymied by a variety of problems it can't seem to solve.
Crowley Puerto Rico Services recently announced that it is continuing to invest in Puerto Rico with the execution of an additional $21 million construction contract for improvements and upgrades at its Isla Grande port terminal in San Juan.
The PMI, the index used by the ISM to measure growth, was 51.3 (a reading of 50 or higher indicates growth) in May, representing a 0.5 percent gain over April. From October through February, the PMI had seen sub-50 readings, with October marking the first month that the PMI…
Wednesday, June 1, 2016 · Mike Brocks and Renzo Trujillo
The MIT CTL researchers developed and tested a new predictive failure spare parts planning method, and compared it to a traditional time-series forecasting method via an inventory planning simulation model.
As of July 1, only containers with a verified gross mass will be cleared to be loaded onto a ship under the International Maritime Organization's Safety of Life at Sea (SOLAS) Verified Gross Mass (VGM) amendment. Shippers hoping that the implementation of the ruling will…
According to a recent AlixPartners report, due to the continued introduction of mega vessels—capable of carrying more than 18,000 twenty-foot-equivalent container units (TEUs)—industry capacity globally is expected to jump by 4.5% in 2016 and another 5.6% in 2017, while…
In the wildly unstable ocean cargo carrier arena, three major consortia are fighting for market share, with some players simply hanging on for survival. Meanwhile, shippers may expect deployment shifts as a consequence of the Panama Canal expansion
Don’t miss out on the best in supply chain. Get premium
resources and in-depth, comprehensive feature articles written by the industry's top experts – delivered.
