FTR’s Shippers Conditions Index shows modest improvement but remains in negative territory

By LM Staff · February 2, 2018 Even with a little bit of an improvement, the most recent edition of the Shippers Conditions Index (SCI), which was released this week by freight transportation consultancy FTR remained in negative territory. FTR describes the SCI as an indicator that sums up all market influences that affect the […]

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Intermodal volumes are strong to finish 2017, reports IANA

Both fourth quarter and full-year 2017 intermodal volumes turned in strong performances, according to data in the most recent edition of the Intermodal Market Trends & Statistics Report, which was released today by the Intermodal Association of North America (IANA). Total fourth quarter intermodal volume movements-at 4,607,656-rose 5.8% annually, which, was down from the third […]

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ISM reports that manufacturing output is off to a strong start in 2018

Manufacturing activity got off to a decent start in 2018, according to the Manufacturing Report on Business issued today by the Institute for Supply Management (ISM). The report’s key metric, known as the PMI, was 59.1 (a reading of 50 or higher indicates growth) in January, which was down 0.2% from December’s reading. This marks […]

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A better ocean freight settlement system is needed

As shippers, intermediaries and ship owners look ahead a few years to forecast trends in several areas of change, there’s one area that would be smart for everyone to put some effort into—billing accuracy. First, let’s look at the trends that are making an impact on billing processes at ocean carriers. Most shippers and intermediaries […]

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