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Target Tempers Strong Q4 With Cautious Forecast

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, 2023

New 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, 2023

Supply 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, 2023

Phillips 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, 2023

Union 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. 

February 27, 2023

West, 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, 2023

Trucking 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, 2023

New 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, 2023

FedEx 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.

February 23, 2023