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Business, Logistics

PepsiCo Shares Climb to Highest on Record

pepsi TT File Photo

Call it the nostalgia factor: PepsiCo Inc. is getting a boost from some of its classic brands. The snack and beverage giant posted quarterly results that beat estimates, sending shares to the highest since at least 1980.

Craig Giammona | Bloomberg News
April 17, 2019
Government, Business, Logistics

Virginia Lawmakers Approve Gov. Ralph Northam’s Funding Plan for I-81

I-81 at Roanoke, Va. Traffic on Interstate 81 in Roanoke County, Va. (Virginia Department of Transportation/Flickr)

Virginia’s General Assembly has approved Gov. Ralph Northam’s fundraising suggestions for Interstate 81 improvements.

Eleanor Lamb | Staff Reporter
April 17, 2019
Business, Logistics, Top 50

Americold Agrees to Acquire Cloverleaf Cold Storage

Americold signage Americold

Americold Logistics has agreed to buy Cloverleaf Cold Storage for $1.24 billion, a move that ramps up a trend toward consolidation in the refrigerated warehousing sector.

Daniel P. Bearth | Staff Writer
April 16, 2019
Business, Logistics, TCA

Canadian National Rail Pledges $80 Million for Minnesota Improvements

Brent Lewin/Bloomberg News

Canadian National Railway plans to invest more than $80 million in Minnesota this year — spending it, they said, would strengthen the company’s rail network across the state.

Brady Slater | Duluth (Minn.) News Tribune
April 16, 2019
Government, Business, Logistics, TCA

New York Looking to Extend Port Authority to Buffalo

New York Port of New York and New Jersey (Getty Images)

Instead of unloading the containers at the New York port and putting them on trucks there, the idea is to unload the containers onto a train that would take them to Buffalo.

Jonathan D. Epstein | The Buffalo News, N.Y.
April 16, 2019
Government, Business, Logistics

As Trade War Simmers, US Soybean Shipments Hit One-Year Low

Soybeans Charlie Neibergall/Associated Press

Shipments of American soybeans are at the lowest level since before the U.S.-China trade war in what could be a worrying sign for growers hoping for the Asian giant to accelerate purchases ahead of a trade deal.

Michael Hirtzer and Dominic Carey | Bloomberg News
April 15, 2019
Business, Technology, Logistics, Perspective

Perspective: To Compete, Shippers Must Invest in Smart Technologies

To compete in the package delivery business, shippers must provide the best customer experience possible by investing in smart technologies and selecting the right delivery model, says Trevor Outman of Shipware.

Trevor Outman | Co-founder and President, Shipware
April 15, 2019
Government, Business, Logistics

Treasury Secretary Steven Mnuchin Says US Open to Facing Penalties in China Trade Deal

Boat Chris Ratcliffe/Bloomberg News

The United States is open to facing “repercussions” if it doesn’t live up to its commitments in a potential trade deal with China, Treasury Secretary Steven Mnuchin said, in a sign that the two sides are edging closer to an accord.

Andrew Mayeda | Bloomberg News
April 15, 2019
Business, Safety, Logistics

Drivers Feel Safer in Hotel Rooms, Fleets Say

Holland truck on the highway Over-the-road drivers at Holland sleep in private hotel rooms, a perk that helps with recruiting, the less-than-truckload carrier says. (YRC Worldwide)

Carriers that provide paid lodging for drivers say sleeping in hotel rooms not only improves their quality of rest, but also provides them with a greater sense of security.

April 15, 2019
Business, Safety, Logistics

Some Fleets Embrace Paid Lodging for Drivers as Alternative to Sleeper Cabs

Carbon Express rig parked at motel Carbon Express provides its drivers with lodging in hotel rooms rather than having them rest in sleeper berths. The fleet purchases only daycabs. (Carbon Express)

Some companies are embracing daycabs and hotel stays for drivers, rather than sleeper cabs. Benefits include safety and better sleep.

Mindy Long | Special to Transport Topics
April 15, 2019

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