U.S. Senator Amy Klobuchar became the first Democratic presidential candidate to release a detailed federal infrastructure plan, calling for $1 trillion in investment and putting pressure on a wide field of contenders to come up with their own proposals.
March 28, 2019Logistics
About Logistics News...
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.
Government, Business, Logistics
Senator Klobuchar (right) speaks as Kara Swisher, co-founder and executive editor of Recode, listens during the South By Southwest conference in Austin, Texas (Callaghan O'Hare/Bloomberg News)
Presidential Candidate Amy Klobuchar Unveils $1 Trillion Infrastructure Plan
Senator Klobuchar (right) speaks as Kara Swisher, co-founder and executive editor of Recode, listens during the South By Southwest conference in Austin, Texas (Callaghan O'Hare/Bloomberg News)
Business, Logistics
Gene J. Puskar/Associated Press
Norfolk Southern Breaks Ground on Atlanta HQ
Gene J. Puskar/Associated Press
Railroad giant Norfolk Southern held a ceremonial turning of dirt March 26 to mark construction of the company’s new Midtown Atlanta headquarters, but the process of moving personnel from Virginia to Atlanta already is underway.
March 27, 2019
Business, Logistics, Top 100
Ryder System Inc.
Ryder Appoints Scott Parker to Top Financial Post
Ryder System Inc.
Ryder System Inc. announced the appointment of Scott Parker as chief financial officer.
March 27, 2019
Government, Business, Logistics
Cars driving along FDR near 102nd Street in New York (Julie Jacobson/Associated Press)
Manhattan Drivers Could Be Facing $11.52 Toll to Drive City Streets
Cars driving along FDR near 102nd Street in New York (Julie Jacobson/Associated Press)
London did it. So did Singapore and Stockholm. Now New York may be coming around to congestion pricing.
March 27, 2019
Government, Business, Logistics
Chris Ratcliffe/Bloomberg News
January Trade Gap Narrows as Imports From China Plummet
Chris Ratcliffe/Bloomberg News
The U.S. trade deficit pulled back in January from the widest level in a decade as imports from China plunged, suggesting American companies had been rushing shipments the prior month to beat an expected tariff boost.
March 27, 2019
Business, Technology, Logistics, Autonomous
A Pointer Telocation screen. (Pointer Telocation via YouTube)
I.D. Systems Acquires Pointer Telocation for $140 Million
A Pointer Telocation screen. (Pointer Telocation via YouTube)
I.D. Systems Inc., a New Jersey-based tracking technology company, has acquired Pointer Telocation Ltd., an Israeli provider of telematics and mobile internet of things services, in a $140 million deal, the companies report.
March 27, 2019
Business, Logistics
Noatum Maritime via YouTube
MIQ Logistics Agrees to Buyout by Spanish Firm Noatum
Noatum Maritime via YouTube
Global freight forwarder MIQ Logistics will become part of Noatum Logistics, a unit of Noatum Maritime Services in Madrid, according to a definitive agreement announced March 21.
March 27, 2019
Business, Technology, Logistics, Autonomous, Top 100
An M2 delivery drone, manufactured by Matternet Inc. (Stefan Wermuth.Bloomberg News)
UPS, Startup Begin First Regular Drone Deliveries in US
An M2 delivery drone, manufactured by Matternet Inc. (Stefan Wermuth.Bloomberg News)
UPS Inc. and a startup drone partner began the first continuing commercial drone deliveries in the United States, making a short flight carrying a medical sample between North Carolina hospitals March 26.
March 26, 2019
Business, Technology, Logistics
Patrick T. Fallon/Bloomberg News
Tesla’s Model 3 Shatters Record in Electric Car-Crazy Norway
Patrick T. Fallon/Bloomberg News
Just weeks after Tesla Inc. started rolling out its Model 3 in Europe, the electric-car manufacturer has beaten the monthly sales record in its key Norwegian market by a wide margin.
March 26, 2019
Government, Business, Safety, Logistics
Floodwaters surround corn sitting under a collapsed grain bins in this aerial photograph over Pacific Junction, Iowa (Daniel Acker/Bloomberg News)
Midwest Floods Deliver Another Economic Blow to Farmers
Floodwaters surround corn sitting under a collapsed grain bins in this aerial photograph over Pacific Junction, Iowa (Daniel Acker/Bloomberg News)
Chad Korth’s Nebraska farm mostly was unscathed from the catastrophic floods that inundated nearby fields thanks to being positioned atop a hill. But as the waters recede, he’s not expecting to be spared the financial blow that’s hitting the region.
March 26, 2019