Topic: Warehouse/DC

President Donald Trump announced a trade agreement with Vietnam this week, slashing the threatened 46% tariff on Vietnamese imports to 20% and granting duty-free entry for U.S. goods. The deal comes as Washington intensifies efforts to redraw global supply chains and reduce America’s reliance on Chinese manufacturing.

The June Services PMI, at 50.8 (a reading of 50 or higher signals growth), increased 0.9% over May’s 49.9 reading.

Various business and industry concerns issued positive support in regards to the United States Senate voting to pass the budget reconciliation bill, also known as the “One Big Beautiful Bill.” With the Senate having passed the bill by the narrowest of margins, 51-50, paced by Vice President J.D. Vance’s tie breaking vote, the bill now heads to the House of Representatives.

The report’s benchmark reading, the PMI, came in at 49.0 (a reading of 50 or higher indicates growth), up 0.5% from May’s 48.5 reading, which was off 0.2% from April’s 48.7 reading.

Bonn, Germany-based DHL said that Mark Kunar, Chief Financial Officer & Chief Strategy Officer, for DHL Supply Chain North America, has been promoted to CEO, effective June 20. Greenwich, Conn.-based global contract logistics services provider GXO Logistics Inc. recently announced that former DHL Supply Chain CEO Patrick Kelleher will become its CEO later this summer.

Execs from CH Robinson, GEODIS Americas, Kenco and RXO to also speak as part of 3PL and Logistics track.

Echo said the new Roadtex facilities are based in Greenville, South Carolina and also outside of Nashville, adding that these locations provide customers with various benefits, including improved technology, increased square footage, expanded transportation, and warehousing capabilities, and additional capacity.

Commerce reported that May retail sales, at $715.4 billion, fell 0.9% compared to April and rose 3.3% annually. NRF reported that monthly core retail sales, which are based on Census data and exclude automobile dealers, gas stations, and restaurants, increased 0.1% on a seasonally-adjusted basis, from April to May, and rose 3.9% on an unadjusted basis annually.

The company explained that these acquisitions are a continuation of Outpost’s expansion from providing shippers with standalone fleet yards to full-service, shared-use terminals, with each property comprised of a mix of cross-docks, maintenance facilities, warehouses, office space, and drop yard acreage.

Dexory explores the future of warehouse management — one where real-time data, robotics, machine learning, and autonomous AI agents redefine the warehouse sector.

The U.S. will levy a cumulative 55% tariffs on Chinese goods, comprised of 25% on the majority of products announced by the White House during Trump’s first term in office, as well the 20% tariffs related to stopping the flow of fentanyl into the U.S. and the 10% universal tariffs, and China would apply a 10% tariff on U.S. goods;

What will be the final outcome on industrial transportation from the White House’s ever-changing position on freight tariffs? And how does your company make decisions with so much uncertainty about tariffs?

The May LMI reading, at 59.4, marked a 0.6% increase over April’s 55.8, while posting a 5.8% annual gain, as well as a 12.3% increase over May 2023’s 47.3. The impact of the aforementioned increased costs was evident in the report, as its authors explained inventory movements “slowed significantly compared to observations from earlier in the year.

New Colliers report shows vacancy rising and demand stabilizing across the nation’s largest industrial markets.

The May Services PMI, at 49.9 (a reading of 50 or higher signals growth), fell 1.7% from April’s 51.6 reading. Prior to May, the Services PMI had seen growth in 56 of the previous 59 months, going back to the initial recovery from the pandemic in June 2020.

The report’s benchmark reading, the PMI, came in at 48.5 (a reading of 50 or higher indicates growth), down 0.2% from April’s 48.7 reading. The last three months of declines were preceded by gains, with January and February readings at 50.9 and 50.3, respectively, and were preceded by 26 months of declines.

Chicago-based industrial real estate firm JLL announced today it is expanding its service portfolio, with the addition of its new Advanced Manufacturing Group. Company officials said that this group is part of its Industries team, and will focus on delivering specialized industry-leading expertise and integrated solutions to developers, occupiers and investors involved in the manufacturing of complex, customized products.

June 6 deadline set for submission of speaker abstracts, award applications for 2025 NextGen Supply Chain Conference.

Logistics industry braces for prolonged legal battle over IEEPA, as tariff status whiplash complicates supply chain strategy and capital planning.

For manufacturing, ISM reported that 2025 revenue is expected to rise 0.1%, coming in 4.1% below its previous forecast, made in December, at 4.2%. ISM member panelists reported that they expect 2025 revenues to be flat, coming in 3.9% below the December forecast.