A report published this week in The Hill indicated that Rep. Bud Shuster (R-PA), the outgoing House Transportation and Infrastructure Committee Chairman, is working on a national infrastructure bill. This leads to one basic question, given the relatively historical glacial pace of national infrastructure plans, bills, or otherwise: does it really matter? I say that somewhat tongue-in-cheek, but, seriously, I am pretty sure we have heard it all before at this point.
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Authorities at the Port of Oakland heralded the coming of “a one-stop, online gateway” this morning, ushering in what they believe to be the first-ever digitized operational platform. Port of Oakland,the oakland portal launches.
Gartner, Inc.’s annual Supply Chain Executive Conference held last week in Phoenix, AZ provided the platform for the release of its Supply Chain Top 25, which identifies industry “best practices.” Rankings of the top 25 supply chain, companies with the strongest supply chain, supply chain reliability rankings, Top 25 Supply Chain Companies 2018, Gartner Supply Chain Rankings
In its semiannual forecasts, the Institute for Supply Management (ISM) always does an excellent job of laying out its estimates in terms of what to expect for things like capital expenditures, production, prices, and utilization rates, among other metrics for the manufacturing and non-manufacturing sectors. One component of the report, which does not always get a ton of attention, are the “special questions” included at the end, which are always interesting and relevant while helping to provide some perspective, too. ISM Report on Manufacturing
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The ATA’s advanced seasonally-adjusted (SA) For-Hire Truck Tonnage Index headed up 1.1% from March to April at 112.5 (2015=100), following a 1% (revised from an original estimate of 1.1%) decline in March, which came in at 110.1. Compared to April 2017, the SA index was up 9.5%. ATA said this increase represents the largest annual increase going back to October 2017. And on a year-to-date basis through April, the SA index is up 8% annually, topping 2017’s 3.8% annual increase.
Rising 3.8 cents, the average price per gallon now stands at $3.277, topping last week’s $3.239 average as the highest weekly average since the week of December 29, 2014, when the weekly average came in at $3.213. Current Diesel Prices May 2018, Freight Fuel Prices
March freight shipments and expenditures continued to show annual and sequential growth in May, according to the most recent edition of the Cass Freight Index Report from Cass Information Systems, which was released this week. Freight Index May 2018, Cass Freight Information