Newsmakers - Nov 5th, 2024
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Nov
05
Newsmakers
In The Spotlight
White House announces $3B investment for port infrastructure
Funded by the Inflation Reduction Act, the money will go to 55 selectees across 27 states.
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How to Fight Cargo Theft
Technology trackers can help fight theft which increased 57% last year.
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Top Stories
Holiday Shipping will Cost More and Be Slower This Year
Pricing will increase given that FedEx and UPS surcharges are more aggressive and have longer peak durations, says Coresight Research.
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Manufacturing Sector Still Contracting: ISM
October was the lowest reading this year.
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Consumers Are Feeling A Bit Better
"October’s increase in confidence was broad-based across all age groups and most income groups," said Conference Board.
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Holidays Sales to Hit New Record: NRF
Consumers will spend, on average, $902 per person.
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Editor's Choice
Are Railroads Slowly Committing Suicide?
STB hearing reveals extreme cost-cutting practices stymies industry growth.
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