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10 things eft’s been reading this week
Is the logistics sector a harbinger?
If logistics companies are the arteries of the modern economy, then there might be some worrying signs that the rest of the economy might want to look at. We’re definitely not feeling a heart attack just yet but there appear to be some chest pains, as several index measures look like they are cooling down. A strong part of this might be heavy loading to try to beat tariffs towards the end of 2018 and start of 2019, but with the German economy teetering on recession, Brexit looming, the trade war still far from resolution, IMO 2020 nearing and oil supply at risk, there is plenty of reason to pay attention right now. This week we take a look at what logistics might be trying to tell us about the economy.
E-Commerce Made Warehouses Hot. Trade War Could Cool Them Down. [Wall Street Journal]
FedEx shares plunge on gloomy economic outlook. [Financial Times]
Weak Logistics Indicators Reinforce Persistence Of Growth Slowdown. [BloombergQuint]
US manufacturing contracts for first time since 2016 amid tension. [Financial Times]
If you want to discover the technology that can help your business become more efficient and ride out the next recession, then head to the Logistics CIO Forum: North America.