Tesla Inc. shares climbed the most since June after Elon Musk said in an email to employees that the carmaker has a chance to top the vehicle-delivery record it set in the second quarter.
September 26, 2019Business, Logistics
Supply Chain Hall of Fame to Open in Arkansas Next Year
The Council of Supply Chain Management Professionals will build its new Supply Chain Hall of Fame in Rogers, Ark., the organization’s board of directors said.
September 27, 2019Business, Technology, Logistics
Tesla Surges on Musk Seeing Shot at 100,000-Delivery Quarter
Business, Technology, Logistics
Walmart Receives Outside Interest in JetBlack Unit
Walmart Inc. is weighing the future of JetBlack, a pet project of its online chief that was the first business to emerge from its internal incubation arm.
September 26, 2019Government, Business, Logistics
ATA’s Costello Optimistic About Trucking Industry Economy, With One Exception
WASHINGTON — The spot market is suffering a decline in activity this year, but contract business and the promise of improving trade negotiations between the United States and China are helping to keep the freight market on steady ground, said the chief economist of American Trucking Associations.
September 26, 2019Business, Technology, Logistics, Autonomous
Embark to Open Transfer Hubs to Shift Freight to Self-Driving Trucks
Self-driving trucking startup Embark Trucks announced it will open two transfer hubs to switch freight to its automated trucks.
September 25, 2019Government, Business, Technology, Fuel, Logistics, Autonomous
Experts Advocate Infrastructure Funding, Reforms at House Hearing
Significant upgrades of freight and commuter corridors would vastly improve motorists’ quality of life and regional commerce, a panel of infrastructure experts told a congressional panel Sept. 25.
September 25, 2019Government, Business, Technology, Logistics
Walgreens, FedEx Express Partner With Google Parent on Drones
Wing Aviation, a subsidiary of Alphabet Inc., said it is collaborating with FedEx Corp.’s Express division and pharmacy retailer Walgreens to launch a drone-delivery service in Christiansburg, Va.
September 25, 2019Government, Business, Logistics
ATA, DAT Freight Indexes Show Solid Growth; Cass Points Down
Two of the three major monthly freight indexes showed positive trends in August, leading economists to downplay fears the trucking industry is heading into a downturn leading up to the holiday shipping season.
September 24, 2019Government, Business, Logistics
Universal Postal Union Rejects Trump’s Favored Reform Plan
In a showdown Sept. 24 at a Universal Postal Union meeting, countries rejected the Trump administration’s favored approach to an international mail problem that is making the U.S. consider leaving the 145-year-old body.
September 24, 2019Business, Logistics, Top 100
FedEx Will Hire 55,000 for Holiday Season
FedEx Corp. will hire 55,000 additional workers for the holiday season, the parcel delivery company announced Sept. 20.
September 23, 2019