Economic ReportEconomic 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.…
Implications for the Global Supply Chain Buried in China’s PMI Report RedStone Resource May 1, 2024 Inside This EditionSentiment Waffling in the Wake of Strong Crosscurrents Consumer sentiment is fluctuating, but just dipped to its lowest level since July of 2022. The index fell in April to 97 points; analysts were looking for a reading…
Business Inventories Back In-Line RedStone Resource April 18, 2024 Inside This EditionTransportation Prices Mixed in March In the wake of the Yellow closure last year and tighter controls of inventory, LTL prices were the highest in the group. LTL prices were up 5.2% year-over-year and were 0.5% higher monthly. Again, historically when a major LTL…
The cargo ship Dali after it ran into and collapsed the Francis Scott Key Bridge in Baltimore on Tuesday. Tasos Katopodis / Getty Images FSK Bridge in Baltimore Impact on Supply Chain RedStone Resource April 2, 2024 Inside This EditionInvestment Firm Expects $100+ Oil by Late Summer JP Morgan analysts are forecasting a surge in…
RedStone Logistics Welcomes Karen Orosco as Chief Operations Officer (COO) Read Time: 3 Minutes Leadership addition will help RedStone maximize new business growth. OLATHE, Kan., March 26, 2024—RedStone Logistics (redstonelogistics.com), a leading supply chain and logistics solutions provider, today announced that Karen Orosco has joined RedStone as its Chief Operations Officer (COO), reporting directly to…
Trucking Prices Inch Up in February RedStone Resource March 15, 2024 Inside This EditionElection Years, Consumer Spending, and Freight Volumes Research conducted by First Trust shows that only 4 times since 1928 has the S&P 500 index fallen in an election year. Unfortunately, two of those years were 2000 and 2008, and it remains fresh…
Global Supply Chain to Get Boost from Manufacturing Recovery RedStone Resource March 1, 2024 Inside This EditionStriving for Supply Chain Normalcy With 10 months left in 2024, it appears that 2024 could be a transitional year into what we hope to be “supply chain normalcy”. After a 100-year event in 2020, global supply chain crisis…
Three Key Themes Emerging from Q4 Earnings Calls: AI, Supply chain, and Labor Plans RedStone Resource February 16, 2024 Our Commitment to Cutting YOUR Costs Continues We are pleased to announce our partnership with The SALT Group® – the nation’s leading Operating Cost & Expense Reduction resource for Manufacturing and Production companies! Discover how you…