“With the March gain, the U.S. LEI’s six-month growth rate improved slightly but still points to slow, although not slowing, growth in the coming quarters,” said Ataman Ozyildirim, Director of Business Cycles and Growth Research at The Conference Board. “Rebounding stock prices were offset by a decline in housing permits, but nonetheless there were widespread gains among the leading indicators. Financial conditions, as well as expected improvements in manufacturing, should support a modest growth environment in 2016.”
Total nonfarm payroll employment increased by 160,000 in April, and the unemployment rate was unchanged at 5.0 percent, the U.S. Bureau of Labor Statistics reported
today. Job gains occurred in professional and business services, health care, and financial activities. Job losses continued in mining.
International Trade & Supply Chain Cost Savings:
What’s Here, What’s Not and What’s on the Horizon
Please join MIQ Logistics and Husch Blackwell in Austin for an afternoon seminar focused on issues in U.S. international trade policy. This seminar will offer practical knowledge and insight into free trade agreements and legislation affecting the import and export of goods for U.S. companies, including the Trans-Pacific Partnership, the Trade Facilitation and Trade Enforcement Act of 2015, and the Miscellaneous Tariff Bill.
Our customer is a nonprofit organization which connects companies who have goods with nonprofits in need, and individuals who want to help them.
Institute for Supply Management.
Economic activity in the manufacturing sector expanded in April for the second consecutive month, while the overall economy grew for the 83rd consecutive month, say the nation’s supply executives in the latest Manufacturing ISM® Report On Business.
Overland Park, KS, April 12, 2016 – MIQ Logistics is pleased to announce its selection by Transport Topics as a Top Freight Brokerage Company, Top Airfreight Forwarder, Top Ocean Freight Forwarder, and Top Warehousing Company for 2015. Transport Topics accurately and objectively documents the size and scope of the largest operators in the North America and provides timely analysis of trends shaping the industry.
Our customer is a business unit within a global corporation that develops and manufacturers healthcare, graphic arts, optical devices, and high-tech products. Another business unit within the corporation requested our customer combine transportation services, and use their carrier as a way to save money through volume rates.
American Trucking Associations
American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index decreased 4.5% in March, following a 7.2% surge during February. In March, the index equaled 137.6 (2000=100), down from 144 in February. February’s level is an all-time high.
Freight shipments slowed to only a 1.4 percent rise in March, following an 8.3 percent jump in February. Expenditures for freight declined 1.0 percent in March—reversing a portion of the 6.3 percent increase in February. Manufacturing and building construction have been on an upward trend and have just started showing up in the supply chain.
Read MIQ updates and industry news in the April 2016 Logistics Link.