Jeff Berman is Group News Editor for Logistics Management, Modern Materials Handling, and Supply Chain Management Review and is a contributor to Robotics 24/7. Jeff works and lives in Cape Elizabeth, Maine, where he covers all aspects of the supply chain, logistics, freight transportation, and materials handling sectors on a daily basis.
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Retail sales see slight August gains, reports Commerce and NRF
September 14, 2023
Commerce reported that total August retail sales, at $697.6 billion, were up 0.6% from July to August, and were up 2.5% annually. Total retail sales, from June through August, saw a 2.2% annual increase,...
Services economy growth continues in August, reports ISM
September 6, 2023
The Services PMI, at 54.5 (a reading of 50 or higher signals growth), increased 1.8%, growing, at a faster rate, for the eighth consecutive month. ISM said that the services sector has seen...
August manufacturing output is down for the tenth consecutive month, reports ISM
September 1, 2023
The report’s benchmark metric, the PMI increased 1.2%, to 47.6 (a reading of 50 or higher indicates growth), contracting, at a slower rate, for the tenth consecutive month. The past ten months...
U.S.-bound shipments fall in July despite signs of improvement, reports S&P Global Market Intelligence
August 23, 2023
July imports, at 2.53 million TEU (Twenty-Foot Equivalent Units) were off 10% annually, while topping June’s 2.43 million TEU tally by 4%. This marked the 12th consecutive month of annual declines, with the...
July retail sales post modest gains, reports Commerce and NRF
August 15, 2023
Commerce reported that July retail sales, at $696.4 billion, were up 0.7%, from June to July, and up 3.2% annually. NRF reported that July retail sales, which does not include automobile dealers, gasoline...
3PLs saw strong revenue gains in 2022, finds Armstrong report
July 31, 2023
2022 was a "very good growth year" for third-party logistics (3PL) companies, Armstrong & Associates study concludes.
CBRE: significant drop in lease signings for large industrial sites in the first half of 2023
July 26, 2023
Industrial real estate firm's research finds 36% annual decline in 1 million square-foot-plus leasing activity in the first half of the year. CBRE said that the number of 1 million square-feet deals dropped...
Retail sales up in June, report Commerce and NRF
July 18, 2023
Commerce reported that June retail sales rose 0.2% over May, while NRF's data, which excludes automobile dealers, gasoline stations, and restaurants, was up 0.4% from May to June.
Services economy keeps humming along in June, ISM reports
July 6, 2023
June services economy activity grew again, according to the new edition of the ISM Report on Business, which was issued today by the Institute for Supply Management (ISM).
Manufacturing levels trend down in June, reports ISM
July 3, 2023
The report's key metric, the PMI fell 0.9%, to 46 (a reading of 50 or higher indicates growth). The past eight months of contraction, through June, were preceded by a stretch of 29 consecutive...
