shipments

August shipments—at 1.099—were off 7.6% annually, improving over July’s 13.1% annual decrease, while rising 8% over July and expenditures—at 2.695—were down 5.1% compared to August 2019 and up 9.9% compared to July.

The report’s second quarter National Shipment Index—at 114.9—was down 7.6% compared to the first quarter and down 12.5% annually. On the spending side, the report’s second quarter spend index—at 162.3—was off 13.7%, from the first quarter to the second quarter, and was off 19.4% annually. v

TIA officials observed that the drop in margin percent is something that has not previously occurred on the approach to recession.

March shipments—at 1.087—fell 9.2% annually and eked out a 0.2% increase compared to February, and expenditures——at 2.651—fell 8.2% annually and are down 1% compared to February.

October shipments, at 1.152, were down 3.9% compared to September and down 5.9% annually, and October expenditures, at 2.800, dropped 1.9% compared to September and were down 4.1% annually.

The report’s National Shipment Index, at 131.3 (2011=110.1), rose 9.7% over the first quarter after a 9.7% first quarter decline and was down 5.3% annually. On the pricing side, the report's National Spend Index, at 201.3, headed up 4.3% from the first quarter and rose 6.4% annually, following a 2.7% annual first quarter increase.

June shipments, at 1.181, decreased 5.3% annually, marking the seventh consecutive month of shipments declines.

May shipments, at 1,078,514, rose 0.8% annually. On a year-to-date basis, shipments through May, at 4,974,896, are up 2.5% compared to the same period a year ago. The firm added that containerized freight was up 3% in May.

Entitled Delivery Track, Pitt Ohio said this offering leverages what it described as sophisticated data mining techniques that tie a shipment to the truck moving it, and it shows its location on a specific delivery route, while also providing real time ETA updates.

For more than a little while, much has been made of what has been viewed as strong economic growth. To what degree, though, varies based on the person or the source. According to President Trump, as per his State of the Union speech in February, the economy is experiencing “an economic miracle,” whereas others note that while things have been relatively solid and stable, there are also some causes for concern.

February shipments, at 1.173, headed up 4.0% compared to January’s 1.128 and were down 2.1% annually ad up 4% compared to January, and February expenditures, at 2.874, saw a 5.5% annual gain and a 2.9% increase over January.

January shipments, at 1.128, slipped 0.3% annually and 1.2% compared to December and expenditures, at 2.792, were up 7.8% annually and down 4% compared to December.