Today on Logistics Management

As was the case in its previous edition in December, the manufacturing and services sectors remain on diverging paths, to a certain extent, in May. One common theme the sectors share, according to the Institute for Supply Management’s (ISM) May 2024 Semiannual Economic Forecast, which was issued today, is that growth is expected over the balance of the year, albeit at reduced rates.

Commerce reported that April retail trade sales were up 0.4% over March and were up 2.7% annually. And the National Retail Federation reported that NRF reported that February’s core retail sales, which it bases on Census data and excludes automobile dealers, gasoline stations, and restaurants, fell 0.2% on a seasonally-adjusted basis compared to March and were up 3.9% on an unadjusted basis annually.

In this podcast, Logistics Management Group News Editor Jeff Berman interviews Chris Rogers, Head of Supply Chain Research for S&P Global Market Intelligence.

The impetus for the increase in tariffs under Section 301 of the Trade Act of 1974 on $18 billion worth of imports from China is due to various actions China has taken, according to the White House, including unfair trade practices concerning technology transfer, intellectual property, and innovation threatening American workers and flooding global markets with artificially low-priced exports.

Navigating the Complexities of Freight Management with Transportation Insight (TI) and Nolan Transportation Group (NTG): Insights from CFO Mark Vale

Blue Yonder’s annual survey finds cost of materials and transportation being impacted; disruptions remain.

The national average, at $3.848 per gallon, dropped 4.6 cents from the $3.894 average, for the week of May 6, which was off 5.3 cents from the $3.947 average, for the week of April 29.

New route promises three-day delivery, enhancing supply chain efficiency