Consumer Confidence Shows Little Change; Views On Finances Decline

Consumer confidence in the Unites States was little changed last week as Americans’ views about their finances retreated for the first time since May.

 

Remember the truck driver shortage? It’s getting worse

Recently, The Wall Street Journal posted this blog report on takeaways from the Council of Supply Chain Management Professionals’ annual State of Logistics Report.

US transport jobs openings spike 59 percent, but hiring lags

Moderate second-quarter economic growth in the U.S. is generating demand for transportation workers, from truck drivers to receiving coordinators to warehouse laborers.  Employers are having a tough time finding workers willing to take those jobs. (This article requires registration at the Journal of Commerce.  To access, please click on the above link.)

Cass Freight Index report shows sequential gains and annual declines

Mixed messages appeared to be a key theme in the most recent edition of the Cass Freight Index Report from Cass Information Systems.

Global Importers Move their Business from West to East Coast Ports

Zepol found that a hefty chunk of businesses have switched from using Pacific to Atlantic and Gulf ports this year.

House passes short-term transportation funding measure

The House of Representatives yesterday passed the 34th short-term extension in six years of federal surface transportation funding.

NS unveils corporate sustainability report for 2014

Norfolk Southern Corp. released its annual sustainability report that details the company’s efforts at improving locomotive fuel economy, reducing greenhouse gas emissions, improving operating safety and customer service, and increasing workforce diversity.

World’s largest mall slated for 2016 opening

Doha, Qatar – The world’s largest mall is coming soon. The Mall of Qatar, which will encompass almost 4.2 million-sq.-ft. with 400 shops, a luxury hotel, a family entertainment center, a five-star restaurant and 82 other eating establishments, is slated to open in first quarter 2016.

Sen. Cory Booker introduces bill to pay drivers for hours worked, up insurance minimums

WASHINGTON — Sen. Cory Booker, D-N.J., has introduced a bill that would require drivers to be paid for hours worked rather than by the mile, increase minimum insurance levels, require a ruling mandating crash avoidance technology and mandate speed limiters.

26th Annual State of Logistics Report: Freight moves the economy

In the best year for the freight transportation industry since the Great Recession, logistics managers chalk up efficiencies that drive further U.S. economic growth. However, capacity issues persist, causing shippers to worry about rate hikes as carriers continue to be meticulous in their partnerships.