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Supply
Chain by the Numbers |
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- Sept. 27 , 2024
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ProMat Show Honored for Growth. US Lags in Industrial Robots; ATA Tonnage Index Up; Goodbye Kmart Stores |
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50,944 |
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| That’s how attendees there were at the ProMat show in 2023, according to MHI, the materials-handling themed trade association. Why is that relevant? Because earlier in the month, the show was awarded with a prestigious Gold 100 Grand Award by Trade Show Executive (TSE). At an awards ceremony in Santa Barbara, California, TSE recognized ProMat as the “Overall Show with the Greatest Ascent,” acknowledging the event's recent success. MHI runs ProMat in Chicago in odd numbered years, and sister show MODEX in even years in Atlanta. Coincident with the award, John Paxton, CEO of MHI, stated, “ProMat 2025 will be our largest event yet, with over 1,100 exhibitors covering more than 700,000 square feet, all focused on delivering the cutting-edge supply chain solutions that drive the industry forward." See you there. |
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That was the strong gain the American Trucking Associations’ Freight Tonnage Index for August versus July. With July up 0.4% compared to June, that makes consecutive monthly gains, leading logistics firms to hope we are at last coming out of the freight recession. “August tonnage levels rose to the highest level since February 2023,” said ATA Chief Economist Bob Costello. “Not only does the latest robust gain show freight levels are coming off the bottom, but so does the sequential pattern over the last eight months. Starting earlier this year, every time tonnage falls, it is higher than the previous low.” Compared with August 2023, the index increased 0.7%, just the second year-over-year gain in the last eighteen months (the other being in May 2024). |
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| That’s how many full size stores once giant Kmart will operate in the US after the last one, in Long Island NY, shutters its door and blue specials October 20, the company announced . Kmart was for many years larger than Walmart, and could have become what Walmart did. People often forget Kmart’s Builders Square chain, which again was Home Depot and Lowe’s before became giants, but let that slip away too. Somewhere along the way, Sears acquired Kmart, but that didn’t work out to well either. In its heyday, there were more than 2,000 Kmarts in the US. |
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That’s how many industrial robots were installed at US manufacturers in 2023. That according to a new World Robotics 2024 report this week from the International Federation of Robotics. That put the US in third place behind number 2 Japan, with 46,106 robots installed last year, and number 1 China, with a massive 276,288 robots deployed, representing 51% of total global robot deployments. Europe as a whole also beat the US, with a combined total of 92,393. But despite all the robot news and interest, total new deployments actually fell in 2023 to 541,302, a drop of 2% from 2022.
