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, 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.
Jobless Claims Fall More Than Expected to Four-Week Low
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, 2019Trump 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, 2019BMW 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, 2019With 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, 2019FedEx 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, 2019Kane 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, 2019RK Logistics Group Deploys Fetch Robots in Its Warehouses
RK Logistics Group has unleashed the robots in its warehouses and distribution centers.
March 19, 2019Teamsters 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, 2019ºÚÁϳԹÏÍø Depot Hiring 80,000, Including Overnight Freight Workers
If you’re looking for a job this spring, The ºÚÁϳԹÏÍø Depot is seeking to hire 80,000 employees at its stores and distribution centers.
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