Warehouse operator Americold completed its first year as a public company by reporting solid gains in revenue and higher operating profits in the fourth quarter of 2018.
February 21, 2019Search
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Amazon.com 'Insourcing' Roils Freight Industry, Analysts Say
Amazon.com Inc.’s role in the shuttering of New England Motor Freight and the “body blow” dealt to XPO Logistics Inc. is raising alarms for trucking and logistics firms that do business with, or compete against, the popular online retailer.
February 21, 2019Rising Trucking Costs Amplify Pressure for P&G, Church & Dwight
Procter & Gamble Co., the maker of Bounty paper towels, Crest toothpaste and Pampers diapers, says the cost of trucking its goods is still on the rise. Whether that leads to more price increases for U.S. consumers on top of last year’s remains to be seen.
February 21, 2019ATA’s Spear Says Collaboration Can Help Reduce Driver Shortage
NASHVILLE, Tenn. — Collaborating with representatives of various industries and government agencies can buoy trucking workforce development efforts, according to American Trucking Associations President Chris Spear.
February 21, 2019Expeditors Posts Record Profit, Revenues in 2018
Expeditors International of Washington Inc. saw revenues shoot up 18% for both the final quarter of 2018 and the fiscal year, a record-setting accomplishment which company officials attributed to growing but volatile volumes in ocean and airfreight.
February 21, 2019US Tariffs Could Wreak Havoc on Auto Industry, Toyota President Says
Toyota Motor Corp. President Akio Toyoda called on President Donald Trump to make a “careful and appropriate decision” on whether car imports to the United States are a national security threat, and potentially impose tariffs, to avoid possible ripple effects across the industry.
February 21, 2019US, China Crafting Foundation for Trade Deal, Source Says
U.S. and Chinese negotiators are working on multiple memorandums of understanding that would form the basis of a final trade deal, according to a person briefed on the talks.
February 21, 2019Amazon to Disclose More Details on Environmental Impact
Amazon.com announced it will disclose its carbon footprint later this year, giving consumers and investors new insight into the environmental cost of its popular two-day shipping.
February 20, 2019Walmart Slips as Yet Another Overseas Obstacle Materializes
In India, an unfavorable e-commerce ruling is likely to crimp the growth for Walmart Inc. In China, the retailer says an economic slowdown has shoppers tightening their purse strings. And now in the U.K., a deal to reduce Walmart’s exposure to the slowing market there is on life support.
February 20, 2019Wheaton Van Lines Acquires Stevens Worldwide
Wheaton Van Lines is acquiring Stevens Worldwide Van Lines, adding a fourth household goods moving company to its corporate holdings.
February 20, 2019