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Employers add 223K jobs; for hire trucking adds 7,400

The Trucker

U.S. employers added a solid 223,000 jobs in June, and the unemployment rate fell to 5.3 percent, a seven-year low. The numbers reflect a job market moving close to full health and raise expectations that the Federal Reserve will start raising interest rates as early as September.

The Labor Department said Thursday that the unemployment rate dropped from 5.5 percent in May. The rate fell mostly because many people out of work gave up on their job searches and were no longer counted as unemployed. For hire trucking added 7,400 jobs in June, bringing to 17,400 new jobs during the first half of the year.

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U.S. Unemployment Situation – June 2015

Bureau of Labor Statistics

Total nonfarm payroll employment increased by 223,000 in June, and the unemployment rate declined to 5.3 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in professional and business services, health care, retail trade, financial activities, and in transportation and warehousing.

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Blue MIQ in the News Icon

“BEST 3PL FIRM-USA” AWARD TO MIQ LOGISTICS

OVERLAND PARK, Kan., July 2, 2015 – MIQ Logistics is named the Best 3PL Firm-USA in Acquisition International (AI) magazine’s 2015 Global Mobility, Immigration and Logistics Awards.

“We are honored by this award and believe it speaks to the edge we give our customers through our global presence, state-of-the-art technologies and talented employees,” says John Carr, president and chief executive officer-MIQ Logistics.

“Participants in the global corporate landscape recognize the essential nature of supply chains capable of moving goods and information quickly and reliably,” Carr adds. “That’s what we deliver in and between all international trade lanes.”

AI sent voting forms to 145,000 magazine subscribers and logistics, immigration, relocation and mobility professionals. In selecting its winners, the publication considered three criteria: The number of votes received; the magazine’s in-house research; and supporting evidence.

 The publication explains that the award program focuses on “industry leaders who have performed at a consistently high level and delivered, on a daily basis, truly exceptional results over the past year.”

About AI Global Media

With over 200 magazine issues, supplements and websites published worldwide since 2010, AI Global Media is a UK-based publishing house with a truly global reach. Its monthly magazine, Acquisition International (AI), seeks to inform, entertain, influence, and shape the global corporate conversation through a combination of high quality editorial, rigorous research and an experienced and dedicated worldwide network of advisors, experts and contributors.


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Economic Update – June 2015

“The U.S. LEI increased sharply again in May, confirming the outlook for more economic expansion in the second half of the year after what looks to be a much weaker first half,” said Ataman Ozyildirim, Director, Business Cycles and Growth Research, at The Conference Board. “While residential construction and consumer expectations support the more positive outlook, industrial production and new orders in manufacturing are painting a somewhat more mixed picture.”

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June 2015 Manufacturing ISM Report on Business

Institute for Supply Management

Economic activity in the manufacturing sector expanded in June for the 30th consecutive month, and the overall economy grew for the 73rd consecutive month, say the nation’s supply executives in the latest Manufacturing ISM® Report On Business®.

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Transpacific Eastbound Update 062615

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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April 2015 North American Freight Numbers

Bureau of Transportation Statistics

U.S.-NAFTA freight totaled $93.3 billion in April 2015 as all modes but air carried less U.S.-NAFTA freight than in April 2014, according to the TransBorder Freight Data released today by the U.S. Department of Transportation’s Bureau of Transportation Statistics (BTS). Year-over-year, the value of U.S.-NAFTA freight flows by all modes decreased by 6.8 percent. Large decreases in the value of NAFTA trade by pipeline and vessel in April were due to the reduced unit price of mineral fuel shipments.

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Supply Chain Alert-2

PRESIDENT GETTING CLOSER TO “FAST-TRACK” AUTHORITY

Over the last few weeks there have been two separate trade related bills making headlines.
Both the Trade Promotion Authority (TPA) and the Trade Adjustment Assistance (TAA) have the potential to help American workers. Understanding the purpose of each bill, and where the bill is at in Congress, can become a bit complicated. To help sift through the acronyms and related details, we have provided you a definition of each bill, as well as where the bill stands in the legislative approval process currently.

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Highway

ATA Truck Tonnage Index Rose 1.1% in May

American Trucking Associations

American Trucking Associations’advanced seasonally adjusted For-Hire Truck Tonnage Index increased 1.1% in May, following a revised loss of 1.4% during April. In May, the index equaled 132.1 (2000=100). The all-time high is 135.8, reached in January 2015.

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ARROW_GLOBE

LOGISTICS: THE RIPPLE EFFECT ON BUSINESS FUNCTIONS

Stephen Covey, author of The 7 Habits of Highly Effective People, emphasizes we should, “Begin with the end in mind.”

If your end goal is satisfied customers, logistics offers the solutions and technologies to manage supply chains while supporting multiple business functions, all in an effort to achieve that outcome.

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