AAR reports Rail Traffic for the week ending July 6, 2024
Today, the Association of American Railroads (AAR) reported U.S. rail traffic for the week ending July 6, 2024. This week’s total U.S. weekly rail traffic was 421,817 carloads and intermodal units, up 3.3 percent compared with the same week last year. Total carloads for the week ending July 6 were 195,030, down 1.2 percent from the same week in 2023, while the U.S. weekly intermodal volume was 226,787 containers and trailers, up...
Manufacturing Technology Orders grow in May 2024 despite sustained high interest rates
Manufacturing technology orders, measured by the U.S. Manufacturing Technology Orders Report published by AMT – The Association For Manufacturing Technology, totaled $386.7 million in May 2024. New machinery orders were up nearly 22% from April 2024 and 6.5% over May 2023. This is the first month in 2024 where the value of orders placed exceeded those of the same month the previous year. Through the first five months of 2024, orders...
Eagle Mark 4 celebrates milestone with grand opening of new headquarters building
Eagle Mark 4, a Kalmar Ottawa Premier Partner, celebrated the grand opening of its newly renovated headquarters on July 3, 2024, with a ribbon-cutting ceremony and open house event. To commemorate the company’s significant milestone, Eagle Mark 4 welcomed the Richland Area Chamber of Commerce, government officials, customers, employees, Scout Construction, and local media to the new building for a ribbon-cutting ceremony followed by a...
The New Warehouse goes LIVE on LinkedIn today discussing The Warehouse Revolution
The New Warehouse, with host Kevin Lawton, will host a special LIVE LinkedIn podcast with the authors of The Warehouse Revolution—Automate or Terminate at noon EST. Kevin will be joined by authors Miquel Pinilla, Jim Stollberg, and Pete Devenyi. To join, click this link or the image below to take you to the LinkedIn event. We will go live at noon EST, so just hit the join button, and you can listen in. Have questions? Please reply to...
June 2024 Logistics Manager’s Index Report® LMI® at 55.3
Growth is INCREASING AT AN INCREASING RATE for: Transportation Prices. Growth is INCREASING AT A DECREASING RATE for: Inventory Costs, Warehousing Capacity, Warehousing Utilization, Warehousing Prices, and Transportation Utilization. NO CHANGE for: Transportation Capacity Inventory Levels are CONTRACTING. The Logistics Manager’s Index reads in at 55.3 in June of 2024, this is very slightly down (-0.3) from May’s reading of 55.6. The...
Port of Long Beach again named ‘Best West Coast Seaport
The sixth consecutive annual award from an international trade publication The Port of Long Beach has been named the Best West Coast Seaport in North America for the sixth year in a row by readers of the shipping trade publication Asia Cargo News. The honor was announced during the Asian Freight, Logistics, and Supply Chain Awards held June 25 in Shanghai. Asia Cargo News honors logistics industry members for demonstrating leadership...
Freightmate Ai exits stealth mode with pre-seed funding and new tech
Company launches first automated tool for document management Freightmate Ai announced that it has secured a pre-seed funding round led by Wischoff Ventures and is releasing its first automated solution. The funds will enhance the features of its freight forwarding management system, which was developed by technology experts with experience from Geodis, Manhattan Associates, Amazon Global Logistics, and Flexport. “Freight forwarders...
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