Economic BriefingWhat Could Tariffs Do to Inflation and Trade? Tariffs have been used by administrations for centuries. Recently, with the emerging strength of modern manufacturing techniques that drive the cost of production lower, sensitivities to price imbalances are high. Starting really under the Obama Administration, the use of tariffs has been a popular move across…
Economic BriefingSupply Chains Largely Back in Cycle Over the past 24 months, the global supply chain has been hit with significant overstocks (stemming from the supply chain crisis in 2021 and 2022 which led to “just-in-case” inventory strategies leading to overstocks). The US business Inventory to Sales Ratio has returned to levels (on average) in-line…
Redstone Logistics Ranked 38th on the Kansas City Fastest-growing Companies List for 2024 Read Time: 3 Minutes OLATHE, KS – October 17, 2024 – RedStone Logistics™ (redstonelogistics.com), a leading provider of solution-based supply chain optimization and third-party logistics services, has announced its inclusion in the prestigious 2024 Kansas City Fast 50 list of fastest-growing companies.…
Economic BriefingILA Port Strike Impact Spreading Quickly At the time of writing, the ongoing worker strike at East and Gulf Coast US ports was in its third day and was beginning to send ripples across the global supply chain. By most estimates, the US economy will lose up to $5 billion a day in losses…
Economic BriefingUSMCA Manufacturing Slips in August Manufacturing activity in the US, Mexico, and Canada (USMCA) markets continued to be weaker in August, surprising some analysts. The US came in at 47.9 points, down from 49.6 last month and deeper into contraction territory according to S&P Global. New orders were reportedly softer and business inventories at…
Redstone Logistics™ Named Top 100 3PL Provider for 4th Consecutive Year Read Time: 3 Minutes RedStone has appeared on this prestigious industry list for four consecutive years. OLATHE, Kan., August 14, 2024 – RedStone Logistics™ (redstonelogistics.com) announced its recognition as a 2024 Top 100 3PL Provider by Inbound Logistics, a leading logistics industry publication. The…
Economic BriefingGlobal Manufacturing Optimism High, Despite Weaker Summer Performance Manufacturing activity worldwide typically accelerates through the summer months and into the peak retail season. But a combination of early ordering (as shippers try to avoid potential East Coast Port issues) and limiting inbound order volumes because of uncertainty heading into the peak retail season, has…
Economic BriefingEconomic Outlook and Impact on Global Supply Chain The latest data coming out of the Atlanta Federal Reserve shows some economic deceleration taking place in Q2. The GDPNow forecast expects Q2 GDP to be just 1.5%, down from growth estimates of 3% earlier in the quarter. Deceleration in consumer spending and a slight reduction…
US Manufacturing and Supply Chain Activity Improves in May RedStone Resource June 2024 Inside This EditionUSMX and ILA East Coast Port Negotiations Start Ahead of September 30 Deadline The United States Maritime Alliance (USMX) and the International Longshoremen’s Association (AFL-CIO) are going to be locked in contract negotiation from now until either an agreement is…
Less-Than-Truckload Rates Surge 8.2% Y/Y in Latest PPI Data RedStone Resource May 15, 2024 Inside This EditionTruckload and Rail Intermodal Truckload prices in the April PPI were also elevated in April. The PPI increased by 0.6% month-over-month like the LTL index, but it was still 4.4% lower than it was at this time last year.…