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.
February 26, 2019Business, Logistics
Housing Starts Decline to Two-Year Low in December
Business, Logistics
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.
February 26, 2019Business, Logistics
°®¶¹´«Ã½ Depot Falls as Sales Outlook Slows and Housing Starts Lose Steam
°®¶¹´«Ã½ 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.
February 26, 2019Government, Business, Logistics
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.
February 26, 2019Government, Business, Safety, Logistics
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.
February 26, 2019Business, Technology, Logistics, Perspective
Opinion: Using Predictive Analytics for More Efficient Supply Chains
Logistics companies depend greatly on accuracy, timeliness and efficiency to meet distribution and customer demands. The use of predictive analytics, however, is changing the game for this industry because of its ability to determine real-time patterns, track data and anticipate these demands to streamline operations.
February 26, 2019Business, Technology, Logistics
Roadie Raises $37 Million, Pushing Overall Funding to $62 Million
Roadie, an on-the-way delivery service with the nation’s largest local same-day footprint, said it has raised $37 million in funding from The °®¶¹´«Ã½ Depot, Warren Stephens and TomorrowVentures, among others, officials announced Feb 25.
February 25, 2019Business, Technology, Equipment, Logistics, TCA
Wabtec Merger Complete as Strike Threat Hangs Over GE Plant
The merger of GE Transportation, one of the original business units of the General Electric Co., and Westinghouse Air Brake Technologies Corp. is complete as of Feb. 25.
February 25, 2019Business, Fuel, Logistics
Excelerate Energy ‘Open for Business’ When Natural Gas Prices Spike
A red-hulled tanker is drifting in Massachusetts Bay, trying to capitalize on the two-month window when natural gas in this region can become the most expensive in the United States, and sometimes the world.
February 25, 2019Government, Business, Logistics
Trump’s Extension of China Truce Gives Xi Breathing Room on Slowdown
Donald Trump’s decision to extend a deadline on additional tariffs on Chinese goods provides Xi Jinping with some temporary relief as he struggles to arrest an economic slowdown.
February 25, 2019