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The report’s benchmark reading, the PMI, came in at 48.0 (a reading of 50 or higher indicates growth), down 1% off of June’s ...
While some previous implementation dates for the White House’s reciprocal tariffs placed on goods imported into the United States had seen those dates pushed back, or paused, that was not the case ...
Following an executive order issued in May, which ended the de minimis exemption—allowing shipments under $800 sent from China and Hong Kong to the U.S. to not be subject to tariffs, the White House ...
For May, the most recent month for which data is available, the SCI came in at -0.9, slightly below April’s -0.6 reading.
Earlier this week, the United States Environmental Protection Agency (EPA) Administrator Lee Zeldin said that the EPA has ...
The Federal Reserve said yesterday that it has decided to maintain the target rate for its federal funds rate, which comes from the Federal Reserve Federal Open Market Committee (FOMC) at 4.25%-to-4.5 ...
The overall outlook remains fluid, in terms of the pace and also significance of trade deals being made up to the August 1 deadline. John Lash, group VP of product strategy for connected supply chain ...
Following a heavy amount of speculation that Omaha-based Union Pacific (UP) was taking steps to acquire Atlanta-based Norfolk Southern (NS), in first Class I railroad merger since the April 2023 deal, ...
Earlier today, freight transportation services provider Hub Group announced it plans to acquire CaseStack for $225 million in cash. Established in 1999, Santa Monica, Calif.-based CaseStack has two ...
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