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Carriers Keep Rolling Out Driver Pay Raises

The need for truck drivers has spurred a number of carriers recently to raise compensation and entice qualified drivers to stick around.

April 19, 2018

Logistics, Accelerated

How are technology and innovation trends changing the logistics business? We explore the changes that helped shape the 2018 Top 50 Logistics Companies rankings.

April 18, 2018

Worldwide Flight Services Lays Off 161 at Philadelphia International Airport

Cargo-handler Worldwide Flight Services will lay off 161 employees at the American Airlines freight facility at Philadelphia International Airport in June because the airline has not renewed its contract.

April 18, 2018

Ivanhoe Cambridge Targets Canadian Warehouse Space in Amazon Era

Ivanhoe Cambridge Inc., the real estate arm of one of Canada’s biggest pension funds, plans to increase its assets by a third with a bet on the booming warehouse space.

April 18, 2018

Fed Says Tariff Concerns Cloud Otherwise Solid Growth Outlook

New tariffs and concerns over widening trade disputes cast a shadow over the Federal Reserve’s most recent survey of U.S. businesses even as all 12 regions reported continued robust job growth with few signs of overheating.

April 18, 2018

Canada Oil Recovery Faces Threat From Potential Rail Strike

A potential strike by Canadian Pacific Railway Ltd. workers threatens to derail a recovery in Alberta’s beaten-down heavy oil prices.

April 18, 2018

China’s $1 Billion Port With Almost No Container Traffic

Each year, about 60,000 ships vital to the global economy sail through the Indian Ocean past a Chinese-operated port on the southern tip of Sri Lanka. Few stop to unload cargo.

April 18, 2018

Blockchain on Verge of Revolutionizing Shipping Industry

Globalization has brought the most advanced trading networks the world has seen, with the biggest, fastest vessels, robot-operated ports and vast computer databases tracking cargoes. But it all still relies on millions and millions of paper documents.

April 18, 2018

Nussbaum Transportation Begins Employee Stock Ownership Plan

Brent Nussbaum, CEO of Nussbaum Transportation, gave 35% of ownership to employees through an employee stock ownership plan, known as an ESOP.

April 18, 2018

Oil Rises to Highest Since 2014 on Bullish US Inventory Report

Crude rose to its highest level since 2014 in New York as the drop in U.S. inventories reported by an industry group helped to sustain a rally spurred by geopolitical risks.

April 18, 2018