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Jobless Claims Fall More Than Expected to Four-Week Low

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.

March 21, 2019

UK Trucker Shortage to Worsen After Brexit, Haulage Group Says

Brexit is set to exacerbate a chronic shortage of drivers among U.K. haulage companies, according to a study from the International Road Transport Union.

March 21, 2019

Trump Suggests GM Should Sell Idled Ohio Auto Plant

President Donald Trump said March 20 that General Motors Co. should sell an idled plant in Lordstown, Ohio, or restart production. The company said it’s received inquiries about factory.

March 21, 2019

BMW Pushes on With UK-Made Electric Minis as Brexit Looms

BMW AG will start production of an electric Mini model in the U.K. later this year even as carmakers grapple with the implications of the latest twist to Britain’s exit from the European Union.

March 20, 2019

With Strong Traffic, Panama Canal Bonds Get Upgrade

The Panama Canal is doing so well, it got its credit rating upgraded by Moody’s Investors Service.

March 20, 2019

FedEx Earnings Take a Hit as International Shipping Slows

FedEx Corp. reported higher revenue but lower profits in the third quarter of fiscal 2019 and cut its earnings forecast for the remainder of the year.

March 19, 2019

Kane Is Able Receives Equity Investment From Harkness Capital Partners

Kane Is Able Inc., a warehousing and distribution business in operation since 1930, announced that Harkness Capital Partners agreed to make an unspecified equity investment in the firm as part of a strategy to expand the company’s services and national presence.

March 19, 2019

RK Logistics Group Deploys Fetch Robots in Its Warehouses

RK Logistics Group has unleashed the robots in its warehouses and distribution centers.

March 19, 2019

Teamsters Issue Warning to New England Stop & Shop Supermarkets

The Teamsters warned Stop & Shop that its members would support the supermarket’s union in any labor stoppage as a result of the current impasse in contract negotiations, with nearly 700 warehouse workers and 250 drivers delivering food and other products to Stop & Shop stores in southern New England.

March 19, 2019

°®¶¹´«Ã½ Depot Hiring 80,000, Including Overnight Freight Workers

If you’re looking for a job this spring, The °®¶¹´«Ã½ Depot is seeking to hire 80,000 employees at its stores and distribution centers.

March 19, 2019