The holiday spending outlook is sluggish across thousands of retailers: CNBC Supply Chain Survey

Logistics companies do not expect a surge in demand during peak holiday shopping season, according to the CNBC Supply Chain Survey. The U.S. economy is “approaching an inflection point in consumer spending,” according to C.H. Robinson, and across thousands of U.S. retailers, it says inventory decisions are being made with caution. Big box giant Target… Continue reading The holiday spending outlook is sluggish across thousands of retailers: CNBC Supply Chain Survey

Hong Kong to set up logistics data platform connecting transport hubs to enable information sharing, improve cargo flow

Transport and Logistics Bureau issues development blueprint stating city needs efficient and cost-effective transport modes Government will establish platform to ‘make good use of big data’ to reduce logistics costs, bureau says Hong Kong plans to set up a logistics data platform that will connect key transport hubs such as the city’s airport and docks… Continue reading Hong Kong to set up logistics data platform connecting transport hubs to enable information sharing, improve cargo flow

Convoy cancels all shipments, load board is empty, announcement upcoming

A change is brewing in the next day or two at Seattle-based digital brokerage Convoy, with reports Wednesday of all loads being canceled. A communication from Convoy representatives to their customers, obtained by FreightWaves, said the company is “taking several necessary steps to prepare Convoy’s business for a transition that we will have more details… Continue reading Convoy cancels all shipments, load board is empty, announcement upcoming