The Retail Industry Leaders Associations just named nine new members to its board of directors, including six CEO’s from some of the biggest names in retail. Joining the RILA board for the first time were CEO’s from J.C. Penney (Marvin Ellison) Foot Locker (Richard Johnson), PetSmart (Michael Massey), The Home Depot (Craig Menear), Michaels (Chuck […]
Fuel Prices Fall, but FedEx and UPS Boost Surcharges
FedEx Corp. FDX -0.07 % is raising its fuel surcharge for the second time this year, jolting e-commerce companies, retailers and other shippers with price increases just as they gear up for the make-or-break holiday sales season. (This article required a subscription with The Wall Street Journal. To access, please click on the above link.)
UPS Announces Rate Increases
UPS Inc. announced rate increases of 4.9% on average for the majority of its business, citing higher costs and other factors.
Consumer Prices Drop in August Triggered by Declining Cost of Gasoline
Prices paid by American households declined in August as cheaper gasoline helped keep inflation below the objective of Federal Reserve policymakers.
U.S. Productivity Increases at 3.3% Pace in Second Quarter
WASHINGTON—U.S. worker productivity advanced this spring, reflecting a bounce back in economic activity following a slow start to 2015. (This article requires a subscription with The Wall Street Journal. To access, please click on the above link.)
Retailers struggle to balance inventories as online sales grow
An empty shelf in a big box store may be a retail logistics manager’s worse nightmare, but it’s not the only one. An empty warehouse rack or shelf may be just as bad, especially if that warehouse ships e-commerce orders. (This article requires registration at the Journal of Commerce. To access, please click on the […]
Widespread inventory ‘de-stocking’ softens US freight markets
An inventory correction or “de-stocking” is under way in the U.S., as manufacturers and retailers attempt to whittle down inventories of components and goods. That corrections is cutting into freight volumes moving by rail and on highways this summer, as shippers pull from existing stocks before placing new orders, sources told JOC.com. (This article requires […]
ISM reports a slow growth month for manufacturing in July
Even with a slight decline from June, the July edition of the Institute for Supply Management’s (ISM) Manufacturing Report on Business still showed growth.
U.S. Manufacturing Shows Signs of Stabilizing, New Data Suggests
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.
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, […]