Logistics
For the commercial transportation business, moving things from point A to point B is job one. This coverage explores all of those movements at a global level and focuses on everything from global trade, ocean shipping, and port activity to intermodal business, rail operations and the greater supply chain.
TravelCenters of America Reports Mixed 4Q, Annual Results
TravelCenters of America, the nation’s only publicly traded truck stop network, reported a narrowed loss in fourth-quarter net income but an increase in revenue.
Infographic: Ryder’s Foundation for a Successful Freight Brokerage
Globally, supply chains are facing unprecedented levels of disruption. As a result, shippers and carriers are challenged more than ever to keep goods moving while remaining profitable. While most brokerages point to technology as the key to achieving success, today’s setbacks have proven that technology alone isn’t enough.
Grocery Delivery Helps Costco Edge Amazon in Consumer Satisfaction Survey
Costco Wholesale Corp. may be a latecomer to e-commerce, but consumers love it even more than Amazon.com, according to a customer satisfaction survey released Feb. 26.
Warning Signs Flash for Detroit as Jeep Wranglers Pile Up on Dealer Lots
An unexpected spike in inventory of Fiat Chrysler Automobile NV’s iconic Jeep is stoking concern that the American SUV boom that has fueled Detroit automakers’ profit is reaching its limits.
February 26, 2019Vancouver Squeezed for Industrial Space, Canadian Brokerage Says
The market for industrial space is so hot in Vancouver, British Columbia, the city may run out of land for the sector, according to brokerage CBRE Ltd.
Musk Faces Contempt Claim for Violating Accord With SEC
Elon Musk is facing a new round of regulatory trouble for tweets about Tesla Inc., raising fresh concerns about the chief executive officer’s ability to keep his impulses in check and responsibly run a public company.
February 26, 2019Housing Starts Decline to Two-Year Low in December
U.S. new-home construction in December fell to the lowest since September 2016, as builders held back during a turbulent month for financial markets.
Teamsters: Jack Cooper Workers at Ford Plant in Louisville Won’t Be Laid Off
Four hundred twenty-five union workers at the Ford Truck Plant in Louisville, Ky., who were told Feb. 20 they were being laid off April 21, will not be out of work, according to a Teamsters union leader who spoke with Transport Topics.
Home Depot Falls as Sales Outlook Slows and Housing Starts Lose Steam
Home Depot Inc. shares fell on Feb. 26 after the retailer said sales gains will start to cool off this year — mirroring a trend in the U.S. housing market.
ASCE Releases Report Cards for Two States, One Region in February
Kentucky, Vermont and Northeast Ohio received infrastructure report cards from the American Society of Civil Engineers, showing grades that were at or below average.
Virginia Passes Law Aimed at Mitigating Wait Times for CDL Testing
The Virginia Legislature passed a law that will allow the state’s private commercial driver training schools and community colleges to hire third-party commercial driver license testers to help reduce skills-testing delays.