The most recent edition of the Trucking Conditions Index (TCI), which was recently issues by freight transportation consultancy FTR, showed that market conditions remain in a holding pattern, of sorts. According to FTR, a TCI reading above zero represents an adequate trucking environment, with readings above 10 indicating that volumes, prices and margin are in
While Amazon’s earnings are typically astronomical—and the 3rd quarter was no exception, with revenue up 23.7% annually—what truly stood out in supply chain circles is the company’s ongoing and increasingly intense focus on all things shipping and logistics. This was highlighted by Amazon executives noting that the company will spend roughly $1.5 billion—yes, billion—on its one-day
Non-manufacturing activity remained on an even growth pattern in November, according to the most recent edition of the Non-Manufacturing Report on Business, which was issued today by the Institute for Supply Management (ISM). The index ISM uses to measure non-manufacturing growth—known as the NMI—was 53.9 in November (a reading of 50 or higher indicates
Non-manufacturing activity remained on an even growth pattern in November, according to the most recent edition of the Non-Manufacturing Report on Business, which was issued today by the Institute for Supply Management (ISM). The index ISM uses to measure non-manufacturing growth—known as the NMI—was 53.9 in November (a reading of 50 or higher indicates growth
November manufacturing output remained below par for the fourth consecutive month, according to data issued by the Institute for Supply Management (ISM), in its Manufacturing Report on Business, today. The report’s key metric, the PMI, slipped 0.2% to 48.1 in December (a reading of 50 or higher indicates growth), following readings of 49.1, 47.8, and
