An important measure of layoffs hit its lowest mark since the Nixon administration, a sign of increasing momentum in the labor market and a possible hint at the extent of job growth for the full month of July
Archive for July, 2015
Cargo volume at the ports of Tacoma and Seattle jumped 14 percent in June year-over-year, according to a joint statement.
Short haul truck drivers that haul cargo to and from the Los Angeles and Long Beach ports walked away from their jobs Tuesday, according to the Los Angeles Times. The drivers are fighting to gain employee status at Pacific 9 Transportation, according to a union representative.
Global Logistic Properties, the largest provider of modern logistics warehouses in China, said it aims to invest up to $7 billion in the logistics sector over the next four years, as it plans to set up its second China-focused logistics infrastructure fund with seven investors.
Truck tonnage dropped in June, and didn’t climb as much as previously thought in May, as high inventory levels dampened truck demand, according to the American Trucking Association. (This article requires registration at the Journal of Commerce. To access, please click on the above link.)
Contract truckload rates increased year-over-year and month-to-month in June, as truckload carriers benefited from shipper concerns about capacity, according to Cass Information Systems. (This article requires registration at the Journal of Commerce. To access, please click on the above link)
Freight shipments within the U.S. slowed in June, rising only .02 percent from May, after climbing 2.3 percent that month, according to the latest Cass Freight index. Freight payments by shippers rose 2.4 percent last month, compared with 1.5 percent and 1.6 percent in May and April. (This article requires registration at the Journal of […]
Containerized cargo volumes at the Port of Los Angeles declined 2 percent in June compared to June 2014, with a 10.7 percent drop in loaded export containers accounting for much of the decline. (This article requires registration at the Journal of Commerce. To access, please click on the above link.)
WASHINGTON (AP) — Parents may hesitate to hand teens the keys to the family car, but Congress is proposing to allow drivers as young as 18 to get behind the wheel of big rigs on the nation’s interstates.
Recently, The Wall Street Journal posted this blog report on takeaways from the Council of Supply Chain Management Professionals’ annual State of Logistics Report.