Transportation TIP List: Week of November 4th, 2018
This past Sunday, daylight saving time ended and the clocks “fell back” to give us an extra hour of sleep and sunlight. And we hope that you use those extra couple of minutes to take a look at this week’s TIP List and catch up on some timely industry trends. Highlights include how the right technology can provide a holistic supply chain view and news about the recent jump in employment numbers. Fall into all of the articles below!
- 250,000 Jobs Added; Pay Growth Fastest Since 2009: The final major economic report before the Nov. 6 congressional elections showed that U.S. employers added a stellar 250,000 jobs in October and raised average pay by the most in nearly a decade.
- Shippers Turn to Technology for Sharper Supply Chain Vision: Speakers at the recent JOC Logistics Technology Conference said that shippers need to take a “holistic” approach to supply chain visibility – with the help of integrating technology that can provide a detailed view of freight activity with financial systems, sales and other operations.
- UPS to Wind Down Freight Pickups with Strike Looming: UPS Inc. will stop accepting overnight freight pickups after today, November 7, because of a potential strike in less than two weeks by about 11,000 union workers. Workers will vote on what the union called a “final offer,” with results set for November 11.
- IANA – Intermodal Volumes Up 4.7% in Q3: Total intermodal volumes increased by 4.7% to 4.8 million units in the third quarter compared with the same period last year, according to IANA. International intermodal volume rose 4.4% year over year to 2.5 million containers; domestic containers climbed 3.9% to 2 million units; and trailers jumped 12.1% to 359,850 units.
- Trucking Regulation Update: Winds of Change?: Carriers say Washington is now listening to the transportation industry, and they believe the winds of regulatory change are finally blowing in favor of trucking. However, balancing industry needs with safety reforms remains an ongoing challenge.
What supply chain trends are you following this fall?