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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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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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Imports Increasing As Retailers Prepare For Back-To-School

National Retail Federation

Import cargo volume at the nation’s major retail container ports is expected to increase 7.3 percent this month over the same time last year as retailers stock up for the busy back-to-school season, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.

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MIQ Logistics Named A Top Privately-Held Company For Fifth Time

OVERLAND PARK, Kan., July 7, 2015 – MIQ Logistics proudly announces that, for the fifth consecutive year, it is ranked on Ingram’s list of Top 100 Privately Held Companies in the greater Kansas City area. The 2015 report again places MIQ Logistics in the list’s top 40.

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Creating Value

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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“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.

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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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