Economy

MHIA forecasts growth of 11.0% for 2011 and 7.0% for 2012.

While the logistics real estate market finished 2010 on a strong note, various factors—such as high oil and gas prices, debt issues in the U.S. and abroad, the earthquake and tsunami in Japan contributed to the very real possibility that the first half of 2011 would not be as fortunate.

Amid the swell of turbulence the economy is riding on, due to an incredibly shaky and unpredictable economic recovery, the downgrading of the United States credit rating and subsequent giant swings in the stock market, it is fair to say logistics professionals are concerned about the possibility of a double-dip recession rearing its ugly head.

This year's survey finds CIOs struggling with tightened belts and connecting with the customer

Following a 15 percent decline in United States-bound waterborne shipments from January to February, data from Panjiva, an online search engine with detailed information on global suppliers and manufacturers, showed that shipments were up 4 percent from February to March.

While it was not unexpected, data from Panjiva indicated that the number of United States-bound waterborne shipments dropped 15 percent from January to February.

Like its companion report on the manufacturing side, the Institute for Supply Management’s Non-Manufacturing Report on Business is off to a good start in 2011, showing growth for the 14th straight month.

In another sign that the pace of the economic recovery remains bumpy, data from Panjiva noted that the number of waterborne shipments entering the United States dropped 14 percent from November to December.

If you’re a bargain hunter shopping for a deal, remember: You get what you pay for.

Data from Panjiva, an online search engine with detailed information on global suppliers and manufacturers, stated that the number of waterborne shipments entering the United States fell 2% from October to November.

The Institute of Supply Management’s recent report shows growth for 11 consecutive months.

“When the recession hit with full force two years ago, we urged our members to stick with sustainability as a key to achieving long-term business success,” said BSR President and CEO Aron Cramer.

President of NMHG sees steady improvement for the sector

The 2010 “State of the Retail Supply Chain Study” shows supply chain management remains a key driver of business success and competitive advantage in today’s challenging market.

Recent projections from the National Retail Federation indicate that 2010 holiday retail sales will hit $447.1 billion.