Industrial Updates and News
The holiday spending outlook is sluggish across thousands of retailers: CNBC Supply Chain Survey
11-07-2023
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 ...
Hong Kong to set up logistics data platform connecting transport hubs to enable information sharing, improve cargo flow
10-31-2023
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 ...
Convoy cancels all shipments, load board is empty, announcement upcoming
10-20-2023
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 ...
South Carolina International Trade Conference Oct 16–19, 2023
10-09-2023
About S.C.I.T.C The South Carolina International Trade Conference has a rich history (49 years running) and wide breadth of participation from companies representing maritime commerce, logistics and the greater supply chain. Keynote ...
Declines in transportation prices slow again in September
10-04-2023
Another sign of a potential inflection point in the freight cycle was provided Tuesday in a report highlighting data compiled in the Logistics Managers’ Index (LMI). “The freight recession is still ongoing, but in a ...