U.S. reports covered in the report handled 1.95 million Twenty-Foot Equivalent Units (TEU) in October, the most recent month for which data is available, which is up 0.6% over September’s 1.97 million TEU and down 7.5% annually compared to the 2 million TEU handled in October 2018, which stands as the all-time monthly record.
For manufacturing, ISM is estimating a 4.8% annual increase in 2020 revenue, which is up from the 1.9% increase that was pegged for 2019 over 2018. What’s more, 58.1% of manufacturing respondents expected 2020 revenues to be higher than 2019. And revenue growth in 2020 is expected to see annual gains in all 18 manufacturing industries ISM tracks.
Indianapolis-based Celadon, which ranked as the 18th-largest TL concern with $706 million in revenue in LM’s annual rankings, abruptly ceased operations in Dec. 9, giving its more than 3,200 drivers the worst possible gift barely two weeks before Christmas.
Once again this year, the editorial staffs of Logistics Management and Supply Chain Management Review have put their collective heads together to program our Annual Virtual Summit designed to prepare logistics professionals for the year ahead.
Amazon will continue to go big to get goods into our homes—that has never been a secret. With the busiest shopping and shipping period of the year pretty much here, it figures to be an exciting and hectic time in the race to one-day.
Rail carloads, at 955,579, slipped 7.5%, or 77,166 carloads, compared to November 2018. Intermodal containers and trailers, at 1,019,766, were off 7.4%, or 81,138 units, annually.