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.
Amazon Workers Plan Prime Day Strike at a Minnesota Warehouse
Amazon.com Inc. warehouse workers in Minnesota plan to strike during the online retailer’s summer sales extravaganza, a sign that labor unrest persists even after the company committed to paying all employees at least $15 an hour last year.
Great Lakes High Water Could Hurt Shipping, Industry Warns
As high water levels persist in the Great Lakes, some shoreline dwellers are putting pressure on officials to open up dams in the east to let out more water, but shipping industry officials in Duluth, Minn., and Superior, Wis., worry such a move thousands of miles away could have big consequences locally.
In Court Filing, Prime Inc. Says Amazon’s Use of ‘Prime’ Causes Confusion
Prime Inc. says Amazon’s display of “Prime” on its shipping vehicles creates a likelihood of confusion with Prime Inc.'s trucking business, a July 2 complaint in the Western District of Missouri says.
Management Team of PTL Buys Company From Magnate Worldwide
Premium Transportation Logistics announced its senior management team — current President Jeff Curry, Operations Manager Keith Avery and expedited transportation sales veteran, Brad Kelley — has acquired PTL from Magnate Worldwide.
July 1, 2019Performance Food to Buy Rival Supplier Reinhart for $2 Billion
Performance Food Group Co. agreed to buy Reinhart Foodservice for $2 billion in a combination of U.S. food suppliers.
FRA Awards Grant to Georgia Central Railway
Dublin, Ga., has earned $8 million in grants for improvements to its rail infrastructure. A $4 million grant from the Federal Railroad Association was given to the city through its Consolidated Rail Infrastructure and Safety Improvements Program, which was matched by the Georgia Central Railway.
Musk Seeking Tesla Deliveries Record Could Be a Double-Edged Sword
Analysts’ fear is that even if Tesla does show marked improvement in deliveries this quarter, Musk will achieve this at the expense of profitability. And with a shrinking U.S. tax credit posing a threat to demand in the second half of the year, Tesla’s efforts to hand over more Model 3s overseas could further compromise earnings because of relatively higher shipping expenses.
Brookfield Buys Rail Operator Genesee for $8.4 Billion
An affiliate of Brookfield Asset Management Inc. agreed to buy railroad company Genesee & Wyoming Inc. for about $6.3 billion, expanding its global portfolio of rail companies with a 120-line network spanning North America, Europe and Australia.
Midwest Deluge Spurs Cut in US Estimate for Soybean Acreage
The spring deluge in the Midwest and Great Plains spurred a cut in the U.S. forecast for soybean acreage, a bigger reduction than analysts expected.
Debunking “Smart Trailer”
“Smart Trailer” is hot talk, but what does it mean? Depending on who you ask, it’s anything from accessory light packages to machine learning. Join to see which trailer technologies are really moving the needle today, and how the future is less about buzzwords and more about true trailer intelligence.
June 28, 2019