Top Supply Chain and Logistics

Employment patterns show a steady, certain change in the logistics sector. Trucking companies and railroads were among those cutting jobs in May, part of a dismal national report that raised alarms about the direction of the U.S. economy, WSJ Logistics Report’s Loretta Chao reports. That didn’t slow the momentum at warehousing and storage companies, however, where businesses added 3,000 jobs last month. Warehouse operators have added 15,600 jobs this year, remaining resilient as retailers get more inventories in position for e-commerce deliveries. The overall transportation and warehouse sector has added 52,000 jobs in the last 12 months, with just about all of that coming in warehouses: railroads have slashed 30,000 jobs and trucking is up less than 5,000 from a year ago. Perhaps more significant is the cloud coming from the supply side, with goods-producing companies cutting 36,000 jobs last month.