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The report’s benchmark reading, the PMI, came in at 48.0 (a reading of 50 or higher indicates growth), down 1% off of June’s ...
While some previous implementation dates for the White House’s reciprocal tariffs placed on goods imported into the United States had seen those dates pushed back, or paused, that was not the case ...
Following an executive order issued in May, which ended the de minimis exemption—allowing shipments under $800 sent from China and Hong Kong to the U.S. to not be subject to tariffs, the White House ...
For May, the most recent month for which data is available, the SCI came in at -0.9, slightly below April’s -0.6 reading.
36th Annual State of Logistics Report: Navigating uncertainty amid rising costs and global disruptions The 36th Annual State of Logistics (SoL) Report highlights a logistics market tested by economic ...
The overall outlook remains fluid, in terms of the pace and also significance of trade deals being made up to the August 1 deadline. John Lash, group VP of product strategy for connected supply chain ...
Earlier today, freight transportation services provider Hub Group announced it plans to acquire CaseStack for $225 million in cash. Established in 1999, Santa Monica, Calif.-based CaseStack has two ...
Beaverton, Ore.-based DAT Freight & Analytics announced it has agreed to acquire the Convoy digital freight network platform from San Francisco-based freight forwarding and customs brokerage services ...
For May, the most recent month for which data is available, the TCI came in at 3.56, its best reading going back to February 2022, well above April’s -0.81 and March’s 0.28 readings.
Following a heavy amount of speculation that Omaha-based Union Pacific (UP) was taking steps to acquire Atlanta-based Norfolk Southern (NS), in first Class I railroad merger since the April 2023 deal, ...
As American manufacturers and distributors reshore their supply chains, third-party logistics providers are delivering critical infrastructure and scalable solutions that facilitate the complex ...
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