WASHINGTON — A gauge of American business investment spending plans rose in May, a tentative sign of stabilization in the manufacturing sector, which has been weak since the late summer of 2014.
Archive for the ‘RETAIL’ Category
U.S. Durable Goods Down 1.8% as Businesses Remain Cautious
WASHINGTON—Demand for big-ticket manufactured goods fell for the third time in four months in May, suggesting that business investment remains subdued. (This article requires a subscription with The Wall Street Journal. To access, please click on the above link.)
The EPA Thinks Truckers Aren’t Doing Enough To Save Fuel – How Is That Possible?
Why do we need EPA regulations to persuade truckers to save money? Shipping companies were presumably aware that fuel is costly and that they can reap savings by paying more upfront for more efficient trucks
Jaxport receives boxes for first LNG-powered containerships
Jaxport received its first shipment of brand new 53-foot Wide-Top Pick cargo containers this week for TOTE, Inc.’s Marlin Class ships, the first LNG-powered containerships, the Jacksonville Port Authority said in a statement
LTL carriers welcome pending 33-foot trailers amid toughening safety standards
WASHINGTON—The trucking industry is welcoming a classic productivity tradeoff – allowing 33-foot twin “pup” trailers in exchange for toughening equipment and driver training standards.
On-time Performance of Ocean Carriers Continues to Improve, Especially in Main East-West Lanes
Liner schedule reliability improved for the fourth consecutive month in May as the aggregate on-time performance for the three core East-West trades jumped by 4.0 percentage points to reach a new data-series high of 71.6 percent, according to Carrier Performance Insight, the online schedule reliability tool provided by Drewry Supply Chain Advisors.
Long Beach volume returns to pre-recession levels
The Port of Long Beach in May recorded its busiest month since October 2007, indicating that cargo volumes are returning to pre-recession levels and the worst effects of the labor disruptions this past year are over. (This article requires registration at the Journal of Commerce. To access, please click on the above link.)
AAR reports another week of mixed volumes
Rail carload and intermodal volumes were again mixed for the week ending June 6, according to data issued by the Association of American Railroads
U.S. manufacturing sector said to be in a technical recession
WASHINGTON (MarketWatch) — The U.S. factory sector, ailing from the strong dollar, global weakness and lower oil prices, has slipped into a technical recession, new data released Monday show.
U.S. Trade Gap Shrinks by 19%, Most in Six Years
WASHINGTON—The U.S. trade gap narrowed in April, easing one of the biggest drags on economic growth during the opening months of the year. (This article requires a subscription with The Wall Street Journal. To access, please click on the above link.)