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Manufacturing in US Expands at Fastest Pace Since May 2004

Material Handling and Logistics

factories expanded in February at the fastest rate since May 2004, indicating sustained strength in manufacturing as demand remains solid, according to figures from the Institute for Supply Management released on March 1. However, the production index dropped to 62 in February from 64.5 The factory index climbed to 60.8, up from 59.1

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US Manufacturing Caps Best Year Since '04: ISM

Material Handling and Logistics

Manufacturing expanded in December at the fastest pace in three months, as gains in orders and production capped the strongest year for factories since 2004, the Institute for Supply Management said on January 3. And the measure of production increased to 65.8, And the measure of production increased to 65.8,

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US Economy Still Growing But at Slower Pace

Material Handling and Logistics

”Consumption, described as production and employment, continues to expand, with indications that labor and skill shortages are affecting production output,” said Timothy R. Fiore, Chair of the Institute for Supply Management (ISM) Manufacturing Business Survey Committee: . Fiore, Chair of the Institute for Supply Management.

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Two Million Vacant Manufacturing Jobs by 2025…How Can We Tackle the Skills Gap?

GlobalTranz

This estimate is according to responses provided by 83 percent of the manufacturing executives who participated in a survey conducted as part of an industry study by the Manufacturing Institute and Deloitte Consulting LLP. skilled production workers. Skills Shortages. researchers. machinists. scientists.

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The Top 10 Manufacturing Blog Posts from 2014

GlobalTranz

Since the Industrial Revolution, manufacturing has been synonymous with factories, machine tools, production lines and economies of scale. Over 40% of CFOs cited productivity as the top benefit of an effective workplace safety program.” – Chief Financial Officer survey, Liberty Mutual Insurance company , (2005). Read Full Post.

Blog 98
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Is the Transportation Market Heading into Unprecedented Territory?

Talking Logistics

Certainly, there have been other periods of time when “perfect storm” conditions have existed in the market, leading to tight capacity and rate increases — such as in 2004, when the new (at the time) Hours of Service rules went into effect, coupled with strong GDP growth, high fuel prices, and the ever-present driver shortage.

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The Transportation Revolution: Takeaways from CLX Logistics’ 6th Annual Customer Conference

Talking Logistics

Overall productivity (miles per truck per day) to decline industry wide by about 3% to 4% in the coming year. Miller highlighted the results of a 2016 driver survey conducted by Overdrive & Trucker News. Fuel Price increases on the order of > 3% in 2017 — and another > 7% in 2018. be a “Shipper of Choice”).