Logistics

The United States and Colorado are facing a truck driver shortage, a daunting economic prospect as the vast majority of goods in the country are transported over the road.

Symbia Logistics, a Colorado-based warehousing and logistics company, has acquired third-party logistics firm iD Commerce + Logistics to expand its e-commerce fulfillment footprint, according to a Symbia statement.

Dave Mauer and other Central States pensioners in the Rockford area have formed the Illinois/Rock River Valley Committee to Protect Pensions. The group has scheduled an April 6 meeting at the Teamsters Local 325 union hall in Rockford to mobilize and pressure Congress to rescue failing multiemployer pension funds.

The chief negotiator for the Teamsters union announced that a tentative accord has been reached with YRC Worldwide for a new collective bargaining agreement covering 24,000 drivers and freight handlers at YRC Freight, one of the nation’s largest less-than-truckload carriers, and two of YRC’s regional freight carriers, New Penn Motor Express and USF Holland.

A.P. Moller-Maersk A/S is about to conduct the shipping industry’s biggest test yet of biofuel as it seeks to cut emissions and meet its target of becoming carbon-neutral by 2050.

President Donald Trump said March 22 that a trade deal with China is close as he prepared to send his negotiators to Beijing for a fresh round of talks next week, but U.S. officials downplayed the prospect of a swift conclusion.

Turkey’s Yilport Holding AS is in advanced talks to buy a container terminal in Long Beach, Calif., a deal that would value the facility at close to $2 billion, people with knowledge of the matter said.

General Motors Co. will throw a bone to President Donald Trump on March 22 by announcing an investment in its electric-car plant north of Detroit after enduring days of intense criticism for idling an Ohio factory.

Manatee County, Fla., tomato farmer Gary Reeder says he has seen the county’s tomato industry “basically cut in half” during his lifetime. Reeder says Florida tomato farmers struggle to compete with their counterparts in Mexico.

Filings for U.S. unemployment benefits fell more than expected to a four-week low, as the labor market tightens further following the end of a five-week government shutdown.