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- January services economy activity sees a solid start to 2022by jberman@peerlessmedia.com on 3 February 2023 at 16:50
The Services PMI—at 55.2 (a reading of 50 or higher signals growth)—increased 6.0% over December’s 49.2, which was down 6.9% compared to November’s 55.5. Through November, the Services PMI had grown for 30 consecutive months.
- January services economy activity sees a strong start to 2022by jberman@peerlessmedia.com on 3 February 2023 at 16:44
The Services PMI—at 55.2 (a reading of 50 or higher signals growth)—increased 6.0% over December’s 49.2, which was down 6.9% compared to November’s 55.5. Through November, the Services PMI had grown for 30 consecutive months.
- Preliminary January Class 8 net orders see declinesby jberman@peerlessmedia.com on 3 February 2023 at 14:18
FTR reported that January preliminary January net orders—at 21,600 units—were down 25% compared to December, while rising 2% annually. ACT reported that January preliminary North American Class 8 orders came in at 18,400 units, well below December’s 30,400 unit preliminary tally and also trailing November, at 30,300 units.
- U.S. rail carload and intermodal volumes are mixed in January, reports AARby jberman@peerlessmedia.com on 3 February 2023 at 13:51
Rail carloads—at 923,696—increased 2.2%, or 19,827 carloads, annually, said AAR. Intermodal containers and trailers—at 1,843,624—fell 3.2%, or 61,616 units—annually, for its lowest January tally since 2013.
- Interact Analysis: warehouse automation software market to near $6 billion by 2027by jberman@peerlessmedia.com on 3 February 2023 at 13:13
Research firm predicts CAGR of 16% through 2027 for the market for software used to control, execute, and manage the operations of automated warehouses.