Shopify Inc.’s initiative to spend $1 billion to set up a network of fulfillment centers in the U.S. has gained momentum after it announced the acquisition of 6 River Systems Inc., analysts said.
September 10, 2019Search
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Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
China’s Jack Ma Ends 20-Year Reign Over Alibaba
Jack Ma is giving up the reins of Alibaba Group Holding Ltd. after presiding over one of the most spectacular creations of wealth the world has ever seen.
September 10, 2019Amazon Brings Prime Program to Brazil to Outflank Local Rivals
Amazon.com Inc. is bringing its Prime membership program to Brazil in an effort to leapfrog competitors and gain traction in a country where it has been expanding slowly but surely.
September 10, 2019Daimler, Torc Begin Testing Self-Driving Trucks in Virginia
Daimler Trucks has begun testing highly automated heavy-duty trucks on Virginia highways in partnership with its subsidiary, ºÚÁϳԹÏÍø, the companies said.
September 9, 2019Dorian Makes Landfall on Outer Banks Before Heading Out to Sea
Hurricane Dorian made landfall on the Outer Banks of North Carolina Sept. 6, battering the shore with driving rain and wind as it continues its march north and begins moving away from the U.S. coast.
September 6, 2019Amazon Promises 235 Jobs From Massachusetts Distribution Center
Amazon has already begun $5.6 million in renovation work for its new distribution center in Holyoke, Mass., and has told the local career center it is looking for a venue to host a hiring fair and fill 235 jobs.
September 5, 2019Maine Awarded $61 Million for Bridge Work
Maine has been awarded $61 million in federal grants to help replace eight aging highway bridges over the next five years. The two federal grants will help fund construction of bridges on Interstate 295, in Franklin County and Madawaska.
September 5, 2019China Says Trade Talks With US to Be Held in October
BEIJING — China’s Commerce Ministry says talks with the United States on ending their tariff war will take place in early October in Washington, later than previously planned.
September 4, 2019Descartes Systems Group Reports Growth in Income, Revenue
The Descartes Systems Group Inc., a Canadian logistics company, reported net income of C$8.6 million for the second quarter of its 2020 fiscal year, up 1% from $8.5 million in the same period last year.
September 4, 2019New Jersey Mall Could Mean Wall-to-Wall Traffic
After 16 years of false starts, the behemoth American Dream retail and amusement complex is set to open just west of Manhattan. To get there, an expected 40 million visitors must join the traffic-choked roads of northern New Jersey.
September 3, 2019