Logistics News

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.
 

GovernmentBusinessLogistics

New York City Girds for Possible Congestion-Pricing Changes

Under the plan sketched out Feb. 26, electronic-tolling devices would be installed around the district south of 61st Street by 2020, with discounts for off-peak travel. Uber Technologies Inc. is among those supporting the push for so-called congestion pricing.

February 27, 2019
BusinessLogistics

Lowe’s Posts Solid 4Q Results as Rival °®¶¹´«Ã½ Depot Stumbles

It was a cold winter for Lowe’s Cos., but sales largely held up. And now, CEO Marvin Ellison said demand for home improvement goods is starting to heat up, one day after rival °®¶¹´«Ã½ Depot Inc. reported results that fell short.

February 27, 2019
BusinessLogistics

TransForce Continues Expansion Trend by Acquiring USA Drivers

TransForce Inc. said it purchased regional staffing agency USA Drivers, marking the 14th acquisition for TransForce since 2013.

February 26, 2019
BusinessLogistics

Lineage Logistics Buys Preferred Freezer Services

Refrigerated storage company Lineage Logistics of Novi, Mich., said it has agreed to purchase Preferred Freezer Services, a network of temperature-controlled cold storage warehouses based in Chatham, N.J.

February 26, 2019
BusinessFuelLogistics

TravelCenters of America Reports Mixed 4Q, Annual Results

TravelCenters of America, the nation’s only publicly traded truck stop network, reported a narrowed loss in fourth-quarter net income but an increase in revenue.

February 26, 2019
BusinessLogistics

Grocery Delivery Helps Costco Edge Amazon in Consumer Satisfaction Survey

Costco Wholesale Corp. may be a latecomer to e-commerce, but consumers love it even more than Amazon.com, according to a customer satisfaction survey released Feb. 26.

February 26, 2019
BusinessEquipmentLogistics

Warning Signs Flash for Detroit as Jeep Wranglers Pile Up on Dealer Lots

An unexpected spike in inventory of Fiat Chrysler Automobile NV’s iconic Jeep is stoking concern that the American SUV boom that has fueled Detroit automakers’ profit is reaching its limits.

February 26, 2019
GovernmentBusinessLogistics

Vancouver Squeezed for Industrial Space, Canadian Brokerage Says

The market for industrial space is so hot in Vancouver, British Columbia, the city may run out of land for the sector, according to brokerage CBRE Ltd.

February 26, 2019
GovernmentBusinessTechnologyLogistics

Musk Faces Contempt Claim for Violating Accord With SEC

Elon Musk is facing a new round of regulatory trouble for tweets about Tesla Inc., raising fresh concerns about the chief executive officer’s ability to keep his impulses in check and responsibly run a public company.

February 26, 2019
BusinessLogistics

Housing Starts Decline to Two-Year Low in December

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, 2019