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Services economy turns in strong November performance, reports ISM

November services economy output turned in a solid performance, according to the new edition of the Services ISM Report on Business, which was issued today by the Institute for Supply Management (ISM). The Services PMI—at 56.5 (a reading of 50 or higher signals growth)—increased 2.1% over October’s

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Widening spread between $5 diesel and lower gasoline prices baffles truckers

It’s on display at virtually every gasoline station, the price of gasoline in red and the price of diesel in green. It’s as clear as day. But for operators using diesel fuel—including about 3.5 million long-haul truck drivers—it is maddening. There has been an ever-widening gap of

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Top Logistics News Stories of 2022

In an annual tradition, LM Group News Editor Jeff Berman has taken an exhaustive review through the myriad logistics- and supply chain-related news reported, written, and posted by the Logistics Management editorial staff over the course of the calendar year in an effort to create this list

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What will Facility Management look like after COVID?

What will Facility Management look like after COVID?

By now, no one questions that the COVID-19 pandemic has changed the way we work, our priorities, and accelerated the digital transformation of many companies. But unlike many other industries, Maintenance and Facility Management did not standstill. The peak of the pandemic led to critical months under

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Freight railroad strike avoided with the Senate following the House’s lead on key legislation

On the heels of the U.S. House of Representatives signing off on legislation aiming to quell the impasse between the remaining railroad labor unions that had yet to ratify terms of the tentative agreement outlined by President Biden’s Presidential Emergency Board’s (PEB) tentative agreement, the United States

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Manufacturing output falls in November, reports ISM

Manufacturing output falls in November, reports ISM

Manufacturing output declined in November, falling below the baseline for growth, according to the most recent edition of the Manufacturing Report on Business issued today by the Institute for Supply Management (ISM). The report’s key metric, the PMI, was 49.0 (a reading of 50 or higher indicates

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A. Duie Pyle heralds West Virginia expansion

By Jeff Berman, Group News Editor · December 1, 2022 Following a services expansion into Virginia earlier this year, West Chester, Penn.-based freight transportation and supply chain services provider A. Duie Pyle said this week it has now also expanded its service offerings into West Virginia. Company

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National diesel average falls for the third straight week, reports EIA

By LM Staff · December 1, 2022 The average price per gallon on diesel gasoline fell for the third consecutive week, according to data recently issued by the Department of Energy’s Energy Information Administration (EIA). For the week of November 28, the average price per gallon of

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House approves bill focused on reaching a deal between railroad carriers and labor unions

The uncertainty regarding the impasse between freight rail carriers and rail labor unions received some potential clarity earlier today, when the United States House of Representatives signed off on H.J. Res. 100, whose objective is to “provide for a resolution with respect to the unresolved differences between

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OneRail heralds $33 million Series B funding round

By Jeff Berman, Group News Editor · November 30, 2022 Earlier today, Orlando-based OneRail, a provider of final mile delivery services for enterprise shippers via a delivery fulfillment SaaS platform, announced it has closed its $33 million Series B funding round. This most recent round of investment

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