Target Corp. turned in a strong fourth-quarter performance but offered a cautious financial forecast for this year as the retailer contends with shaky demand for discretionary goods.
February 28, 2023Logistics 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.
Target Tempers Strong Q4 With Cautious Forecast
New York City’s Biggest Snowfall of Season Grounds Flights
New York City and the Northeast had a slushy start Feb. 28 as a storm brought the first significant snowfall of the season to the region, grounding hundreds of flights at area airports.
February 28, 2023New UPS Distribution Center in N.C. to Create 60 Driver Jobs
Some 60 new truck driver jobs are coming to southeastern North Carolina in the largest business venture there in 40 years thanks to a new UPS distribution center.
February 27, 2023Supply Chains Have Healed, Yet Their Mark on Inflation to Endure
Supply chains across the world are healing up almost as fast as they broke down. That doesn’t mean the pressure they’re exerting on inflation will disappear as quickly.
February 27, 2023Phillips Industries Announces Plans to Move Manufacturing to Mexico in 2023
ORLANDO, Fla. — Phillips Industries by the end of 2023 will move its manufacturing base from China to North America with the launch of full-time operations near Monterrey, Mexico, the company announced.
February 27, 2023Union Pacific Looking for New CEO to Replace Lance Fritz
Union Pacific Corp. said it’s looking for a candidate to replace Chief Executive Officer Lance Fritz. A hedge fund that owns a roughly $1.6 billion stake in Union Pacific pushed for his ouster.Â
February 27, 2023West, East Coast Ports See Big Container Drop-Off in January
As negotiations resume between the International Longshore and Warehouse Union and management’s Pacific Maritime Association, concern is mounting at the West Coast ports that the slow pace of contract talks is damaging import and export shipping business.
February 23, 2023Trucking Industry Grapples With Q4 Slowdown
Motor carriers experienced a financial slowdown in the final months of 2022, as trends that indicate a return to normalized levels of business for the year ahead took hold, industry analysts said.
February 23, 2023New Moving Conference Chairman Bill Lovejoy Has Full Plate of Challenges
When it comes to the many challenges getting customers moved from point A to point B, Bill Lovejoy, the new chairman of American Trucking Associations’ Moving and Storage Conference, has pretty much done it all.
February 23, 2023FedEx Pilots Plan Strike Authorization Vote as Labor Talks Stall
FedEx Corp. pilots are inching closer to a potential strike as negotiations stall on a new labor agreement.
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