Manufacturing

The report’s benchmark reading, the PMI, came in at 48.7 (a reading of 50 or higher indicates growth), down 0.3% from March’s 49.0 reading. The last two months of declines were preceded by gains, with January and February readings at 50.9 and 50.3, respectively.

The report’s benchmark reading, the PMI, came in at 49 (a reading of 50 or higher indicates growth), down 1.3% from February’s 50.3 reading. January’s PMI, at 50.9, represented the first growth month, after a 26-month run of contraction.

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The report’s benchmark reading, the PMI, came in at 50.3 (a reading of 50 or higher indicates growth), down 0.6% compared to January’s 50.9 reading. The February PMI grew, at a slower rate, for the second consecutive month in February.

Scaling Smart: How Spectra Gutter Systems Built a More Efficient Supply Chain

President Donald Trump’s on-again, off-again threat of major tariffs on the United States’ closest allies, Canada and Mexico, have earned the thumbs down from freight officials and financial interests.

AAR reported that the January FRI posted a 6.4% annual gain, while coming in 4.7% below December’s near-record reading. AAR explained that the sequential decline does not indicate signs of a downturn. It signals what it called a return to seasonal trends.

The report’s benchmark reading, the PMI, stood at 50.9 (a reading of 50 or higher indicates growth), marking a 1.7% increase over December’s 49.2 reading. This reflects the overall economy expanding for the 57th consecutive month, following the contraction in April 2020.

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The report’s benchmark reading, the PMI, at 49.3 (a reading of 50 or higher indicates growth), rose 0.9% over November’s 49.3, with the PMI contracting for the ninth consecutive month and the 25th time in the last 26 months. It also noted that the overall economy has expanded, at a faster rate, for the last 56 months, since contracting in April 2020.

LM Group News Editor spoke with Dave Bozeman, President and CEO of Minneapolis-based global logistics services provider and freight forwarder C.H. Robinson, this week about various topics, including the company's first Investor Day under Bozeman's leadership, the company's operating model, AI, and tariffs, among other issues.

The paths to growth, for the manufacturing and services sectors, remain mostly mixed, according to the Institute for Supply Management’s (ISM) December 2024 ISM Supply Chain Planning Forecast, which was issued this week.

The report’s benchmark reading, the PMI, at 48.4 (a reading of 50 or higher indicates growth), increased 1.9% over October's 46.5, its lowest number in 2024, with the PMI contracting for the eighth consecutive month and the 24th time in the last 25 months, since contracting in April 2020. It added that the overall economy has expanded, at a faster rate, for the last 55 months.  

In its report, entitled “Three Trends Driving Resurgent 3PL Industrial Demand This Year,” CBRE stated that 3PLs share of bulk industrial leasing—or leases of 100,000 square-feet or more—increased to 34.1% through the third quarter, ahead of 30.6% a year ago at the same time.

The report’s benchmark reading, the PMI, at 46.5 (a reading of 50 or higher indicates growth), fell 0.7%, turning in its lowest number in 2024, with the PMI contracting for the 23rd time in the last 24 months, and the overall economy expanding for the 54th consecutive month, since contracting in April 2020.