China Container market update – July 2024
Mixed signals from China’s shipping container trading and leasing markets Average container prices in China stabilize for the first time in 2024 Leasing rates from China to the US and Europe continue to surge in July Shanghai, China – July 23, 2024 Container xChange released its latest monthly China market update, revealing that the average container prices in China have held steady in July for the first time in 2024. Chart 1:...
AAR reports Rail Traffic for the week ending July 20, 2024
The Association of American Railroads (AAR) reported U.S. rail traffic for July 20, 2024. This week’s total U.S. weekly rail traffic was 480,083 carloads and intermodal units, up 1.4 percent compared with the same week last year. Total carloads for the week ending July 20 were 214,348, down 3.4 percent from the same week in 2023, while the U.S. weekly intermodal volume was 265,735 containers and trailers, up 5.8 percent from...
Staffing employment rebounds after July 4th holiday
Week-to-Week: Staffing employment up five points, New starts up 30 points Staffing employment improved during the week of July 8–14, with the ASA Staffing Index increasing by 5.2% to reach a rounded value of 88. The Index the week before Independence Day the index was at a rounded value of 90. Staffing jobs were down 12.7% compared with the same week last year. Many staffing companies still listed the July 4th holiday as a barrier...
NetLogistik announces Testing as a Service (TaaS)
Partnership with Cycle Labs helps clients elevate testing precision with high-quality, reliable automation NetLogistik, a provider of transformative services for supply chain digitalization, announces its “Testing as a Service” offering. Progress is often limited with manual testing, which is prone to errors, and is limited to eight hours per day, as well as the subject matter expertise of the tester. Testing-as-a-Service (TaaS),...
Nucor reports 11% consolidated net sales decrease for the first six months compared to prior year
Nucor Corporation announced consolidated net earnings attributable to Nucor stockholders of $645.2 million, or $2.68 per diluted share, for the second quarter of 2024. By comparison, Nucor reported consolidated net earnings attributable to Nucor stockholders of $844.8 million, or $3.46 per diluted share, for the first quarter of 2024 and $1.46 billion, or $5.81 per diluted share, for the second quarter of 2023. In the first six months...
Intella Parts searches for the oldest Toyota forklift
For over 86 years, Toyota has built a reputation for reliability, innovation, and leadership in the automotive and industrial sectors. The iconic Toyota Corolla, with over 50 million units sold worldwide and the best-selling car in history, underscores the brand’s exceptional success in the automotive industry. Beyond its prominence in passenger vehicles, Toyota has also established itself as the leading forklift brand globally....
Safety 2024 in Denver features session with OSHA’s Parker
The American Society of Safety Professionals (ASSP) will welcome Doug Parker, assistant secretary of labor for occupational safety and health, at next month’s Safety 2024 in Denver. Parker will discuss the latest Occupational Safety and Health Administration (OSHA) activities before taking questions from attendees and media members. The special session at ASSP’s professional development conference and exposition will start at 10:30...
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