The March SCI came in at -23.1, down from February’s -17.9 and January’s -10.1, for its most negative reading on record, with February representing the second-lowest reading on record. jberman@peerlessmedia.com
Rail carloads—at 233,244—saw a 3.7% annual decline, and intermodal units—at 273,732 units—fell 4.5% annually. jberman@peerlessmedia.com
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April’s TVI dry van freight reading—at 273—was off 10% compared to March, with the refrigerated TVI—at 190—and the flatbed TVI—at 229—down 10% and 6%, respectively, for the same period. DAT observed that while truckload volumes usually see a decline from March to April, “with freight movement in a seasonal lull,” that was not the case this April, with the April TVI seeing van freight up 12%, reefers up 10.5%, and flatbed loads up 15.1%, which DAT said serves as an indicator of strong overall demand for truckload services. jberman@peerlessmedia.com
Logistics Management Group News Editor Jeff Berman recently spoke with Matt Marshall, SVP of Commercial, for New York-based NYSHEX, a provider of two-way committed contracts and neutral exchange, which provides shippers and carriers with a predictable, efficient, and accountable system for global commerce. NYSHEX customers include seven of the leading global ocean carriers and more than 190 shippers. jberman@peerlessmedia.com
Join our webinar, hosted by Adrian Wood and Robert Oliver from Dassault Systèmes, to discuss an integrated approach to S&OP and how advanced modeling and optimization capabilities allow you to achieve key results. jberman@peerlessmedia.com
The weekly average came in at $5.571 per gallon, down 4.2 cents from the national average, for the week of May 16, at $5.613, and it also trailed the week of May 9, the all-time record, at $5.623. jberman@peerlessmedia.com
Our research shows companies are adopting robots, but it’s a long way to go before they’re commonplace. jberman@peerlessmedia.com