The U.S., Canada and Mexico said they’ve made some progress in the latest round of NAFTA talks, while America’s trade chief warned he’d like negotiations to speed up.
January 29, 2018Search
Showing 10 of 9024 results
FedEx to Borrow $1.5 Billion for Contribution to Pension Plan After Tax Changes
FedEx Corp. is borrowing $1.5 billion to fund a contribution to its pension plan that it announced after the passage of U.S. tax law changes.
January 29, 2018New Hawaii Cargo Shipping Service is a No-Go
A much-touted plan to start a new Hawaii ocean cargo transportation service is dead in the water.
January 29, 2018First Cryptocurrency Freight Deal Takes Russian Wheat to Turkey
The first freight deal settled in Bitcoin was executed last month on a vessel carrying wheat from top shipper Russia to Turkey, according to Prime Shipping Foundation, the venture behind the transaction.
January 29, 2018Amazon Expands Delivery Trial That Could Hurt FedEx, UPS
Amazon.com Inc. is expanding a service launched to make more groceries, cleaning supplies and other products available for quick delivery directly from merchants without overwhelming the e-commerce giant’s warehouses with additional inventory, according to documents reviewed by Bloomberg News.
January 29, 2018Port of Virginia Gets Preliminary OK on Dredging Project
The U.S. Army Corps of Engineers has preliminarily approved a project to dredge Virginia’s Norfolk Harbor from 50 feet to 55 feet, but a final decision on whether to fund it will come this summer.
January 26, 2018Union Pacific Starts Work on $550 Million Rail Yard in Texas
Union Pacific Railroad announced Jan. 25 the company started construction this month on a major rail yard near Hearne, Texas, a $550 million project that’s the largest in the railroad’s 103-year history.
January 25, 2018Fleet, 22-Year-Old’s Logistics Startup, Raises Another $10 Million
At 14, an age when other kids want video games and gadgets, Max Lock wanted a job.
January 25, 2018TFI Promotes Greg Orr to President of CFI Truckload Business
TFI International has named two executives to head its CFI truckload business unit in Joplin, Mo.
January 25, 2018Port of Long Beach Sets Record for Container Volume in a Year
The Port of Long Beach recovered from a rocky 2016 with a record-setting year in 2017, moving 7.5 million industry-standard twenty-foot-equivalent units, the port’s leader announced at the State of the Port address Jan. 24.
January 25, 2018