For December, the most recent month for which data is available, the SCI came in at -1.8, following a 2.3 November reading, which was preceded by October’s 1.3 reading.
Just two days after the United States placed matching 25% tariffs on Mexico and Canada (with energy resources from Canada receiving a 10% tariff), as well as an additional 10% tariff on goods imported ...
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Keeping in line with its myriad sustainability initiatives, the Port of Long Beach (POLB) recently announced it has rolled ...
A $23 billion deal to sell key ports at both ends of the Panama Canal has sparked an international war of words between U.S.
Landstar freight agents emphasize safety, fraud prevention, and cargo security by using highly qualified owner-operators, ...
While a prolonged soft freight market remains intact, contractual rates are moving higher and momentum is building.
Despite ongoing levels of uncertainty from the White House’s various tariff actions, positive momentum in the logistics ...
A curated selection of the top 10 logistics and supply chain stories from 2024, reflecting key trends and themes identified by LM Group News Editor Jeff Berman—offering insights beyond popularity ...
Services PMI, at 54.4 (a reading of 50 or higher signals growth) was up 0.7% compared to January, growing, at a faster rate, for the eighth consecutive month, and for the 54th time in the last 57 ...
FTR reported that preliminary February Class 8 truck net orders, at 17,000 units, was off 31% compared to January and 38% ...
The report also highlights freight rail’s key role in supply chains, noting that more than one-third of all rail traffic ...