Call it the nostalgia factor: PepsiCo Inc. is getting a boost from some of its classic brands. The snack and beverage giant posted quarterly results that beat estimates, sending shares to the highest since at least 1980.
April 17, 2019Logistics 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.
PepsiCo Shares Climb to Highest on Record
Virginia Lawmakers Approve Gov. Ralph Northam’s Funding Plan for I-81
Virginia’s General Assembly has approved Gov. Ralph Northam’s fundraising suggestions for Interstate 81 improvements.
April 17, 2019Americold Agrees to Acquire Cloverleaf Cold Storage
Americold Logistics has agreed to buy Cloverleaf Cold Storage for $1.24 billion, a move that ramps up a trend toward consolidation in the refrigerated warehousing sector.
April 16, 2019Canadian National Rail Pledges $80 Million for Minnesota Improvements
Canadian National Railway plans to invest more than $80 million in Minnesota this year — spending it, they said, would strengthen the company’s rail network across the state.
April 16, 2019New York Looking to Extend Port Authority to Buffalo
Instead of unloading the containers at the New York port and putting them on trucks there, the idea is to unload the containers onto a train that would take them to Buffalo.
April 16, 2019As Trade War Simmers, US Soybean Shipments Hit One-Year Low
Shipments of American soybeans are at the lowest level since before the U.S.-China trade war in what could be a worrying sign for growers hoping for the Asian giant to accelerate purchases ahead of a trade deal.
April 15, 2019Perspective: To Compete, Shippers Must Invest in Smart Technologies
To compete in the package delivery business, shippers must provide the best customer experience possible by investing in smart technologies and selecting the right delivery model, says Trevor Outman of Shipware.
April 15, 2019Treasury Secretary Steven Mnuchin Says US Open to Facing Penalties in China Trade Deal
The United States is open to facing “repercussions” if it doesn’t live up to its commitments in a potential trade deal with China, Treasury Secretary Steven Mnuchin said, in a sign that the two sides are edging closer to an accord.
April 15, 2019Drivers Feel Safer in Hotel Rooms, Fleets Say
Carriers that provide paid lodging for drivers say sleeping in hotel rooms not only improves their quality of rest, but also provides them with a greater sense of security.
April 15, 2019Some Fleets Embrace Paid Lodging for Drivers as Alternative to Sleeper Cabs
Some companies are embracing daycabs and hotel stays for drivers, rather than sleeper cabs. Benefits include safety and better sleep.
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