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August 2015 Logistics Link

Read the August Logistics Link for Industry news and MIQ Updates

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Econonic Update 072815

Economic Update – July 2015

“The upward trend in the US LEI seems to be gaining more momentum with another large increase in June pointing to continued strength in the economic outlook for the remainder of the year,” said Ataman Ozyildirim, Director, Business Cycles and Growth Research, at The Conference Board. “Housing permits and the interest rate spread drove the latest gain in the LEI, while labor market indicators such as average workweek and initial claims remained unchanged.”

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Transpacific Eastbound Update 072815

Transpacific Eastbound General Rate Increase (GRI), Peak Season Surcharge (PSS), And Bunker Fuel Adjustments

The following announced levels from carriers are for General Rate Increases as well as a Peak Season Surcharge beginning on the dates listed below.

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MIQ Logistics Honored For Supply Chain Performance

OVERLAND PARK, Kan., July 28, 2015 – MIQ Logistics is very pleased to be recognized by SupplyChainBrain as one of the 100 Great Supply Chain Partners for 2015.

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ATA Truck Tonnage Index 072115

ATA Truck Tonnage Index Fell 0.5% in June

American Trucking Associations

American Trucking Associations’advanced seasonally adjusted For-Hire Truck Tonnage Index decreased 0.5% in June, following a revised gain of 0.8% during May. In June, the index equaled 131.1 (2000=100). The all-time high of 135.8 was reached in January 2015.

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Cass Freight Index Report 071515

Cass Freight Index Report – June 2015

Cass Information Systems, Inc.

June shipment volume and payments continued to move up, even as the economy overall has been weakening.

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FTR’s Trucking Conditions Index drops to a three-year low

Logistics Management

Like recent months, a combination of easing trucking-related market factors helped to drive down the most recent edition of the Trucking Conditions Index from freight transportation forecasting firm FTR.

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Bill Could Be First Step to Younger Truck Drivers

Truckinginfo.com

A Senate bill would instruct the Federal Motor Carrier Safety Administration to conduct a pilot study of lowering the age at which Class A CDL holders can drive trucks across state lines.

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Freight Transportation Services Index May 2015

May 2015 Freight Transportation Services Index (TSI)

Department of Transportation
Bureau of Transportation Statistics

The Freight Transportation Services Index (TSI), which is based on the amount of freight carried by the for-hire transportation industry, rose 0.8 percent in May from April, seasonally-adjusted, rising after one month of decline, according to the U.S. Department of Transportation’s Bureau of Transportation Statistics’ (BTS). The May 2015 index level (122.7) was 29.6 percent above the April 2009 low during the most recent recession.

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Container Yard

Impact of West Coast port labor dispute on GDP is hopefully not lasting

Logistics Management

It goes without saying that first quarter GDP output, at -0.2, was plagued by several things, including bad winter to begin the year…again, which dinted consumer spending to a certain extent, coupled with what the Department of Commerce said was a deceleration in personal consumption expenditures (see consumer spending reference above), sluggish demand, and a strong U.S. dollar, too.

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