News / Logistics Insights
View the November Logistics Link for Industry news and MIQ updates.
Following the trend observed in the last four years, both total spend and the number of shipments for North American freight declined in October. The indexes have been below 2013 levels for the last several months. The first reading on third quarter GDP was a disappointing 1.5 percent annual growth rate, compared to 3.9 percent in the second quarter. Consumer sector goods are, by far, the strongest in the market now. In many ways this is the silver lining in the storm clouds, because it means that consumers are still in the game. Consumer spending, which accounts for more than two‐thirds of U.S. economic activity, grew 3.2 percent in the third quarter after expanding at a 3.6 percent pace in the second quarter.
Learn about updated Industry information and MIQ Logistics in the news.
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.