U.S. businesses added new workers at a modest clip in May, according to an employment survey released Wednesday ahead of Friday’s important payrolls report. Large companies hired few new workers, and manufacturers cut payrolls. (This article requires a subscription with The Wall Street Journal. To access, please click on the above link.)
Archive for the ‘CONSUMER GOODS’ Category
Maersk inks $1.8 billion order for 11 mega-ships
Maersk Line today signed an order for eleven 19,630 TEUs container ships, in a $1.8 billion deal aimed at consolidating its ranking as the world’s largest ocean carrier. (This article requires registration at the Journal of Commerce. To access, please click on the above link.)
Big Data Brings Relief to Allergy Medicine Supply Chains
Allergy sufferers in the U.S. have had a particularly rough time this spring, with April and May pollen levels in New York frequently surging 25% or more above the monthly average for the last three years, according to data from IMS Health Inc. (This article requires a subscription with The Wall Street Journal. To access, […]
Senate Sends President Two-Month Highway Funding Extension
The Senate on May 23 easily passed a two-month extension of highway funding authority, sending the measure to the president for his signature.
Iraq Set to Flood Oil Market to Further Undercut US Shale
Iraq is taking OPEC’s strategy to defend its share of the global oil market to a new level.
U.S. Consumers Stick to Cautious Track
WASHINGTON—U.S. retail sales barely budged in April as consumers remained cautious spenders, a trend that could weigh on the broader economy this year. (This article requires a subscription with The Wall Street journal. To access, please click on the above link.)
Truck traffic rises at top US border crossings
The number of tractor-trailers that passed through the top five U.S. border crossings rose 2.4 percent in the first quarter, compared with a 4.1 percent increase a year ago, according to data from the U.S. Bureau of Transportation Statistics. (This article requires registration at the Journal of Commerce. To access, please click on the above […]
Today’s Top Supply Chain and Logistics News From WSJ
Americans stepped up their borrowing in March, as the WSJ’s Eric Morath reports, but the question remains whether the consumers who make figure so prominently in the global economy will start buying in big numbers after taking a break from stores in the first quarter. For planners of retail supply chains, a major part of […]
Annual US trucking revenue tops $700 billion for first time
U.S. trucking companies of all types generated a combined $700.4 billion in revenue last year, fueled by economic growth that led to higher freight demand and higher rates. (This article requires registration at the Journal of Commerce. To access, please click on the above link.)
Import Prices Fall for 10th Straight Month
WASHINGTON—Prices of imported goods fell last month, suggesting weak global demand and a stronger dollar continue to hold back U.S. inflation. (This article requires a subscription with The Wall Street Journal. To access, please click on the above link.)