Transportation TIP List: Week of January 1st, 2017

Posted - January 4, 2017

Happy New Year! With a new year comes many new opportunities to take your supply chain and transportation logistics to the next level. Our first TIP List of 2017 is chock-full of inspiration, from a boost in electric truck sales and a jump in truck tonnage to the stellar 2016 retail holiday season. Whatever your goals are for 2017, our TIP List is here to keep you up-to-date on the industry trends you need to know!

  • U.S. Retailers on Pace for Best Holiday Season in Years: Surging online orders and last-minute shoppers helped retailers make up for a slow start to the holiday shopping season, fueling hopes that higher wages, the rising stock market and lower food and gas prices prompted Americans to spend more.
  • Truck Tonnage Jumped 8.2% in November: Following a 0.3% drop during October, the For-Hire Truck Tonnage Index surged 8.2% in November. And in November, the index equaled 142.4 (2000=100), up from 131.6 in October. The all-time high was 144 in February.
  • AAR: Total Weekly Traffic up 27%: The Association of American Railroads (AAR) reported that for the week ending December 24, 2016, total U.S. weekly rail traffic was 496,633 carloads and intermodal units, up a whopping 27% compared with the same week last year.

What are some of your supply chain and transportation goals for 2017?