Ford Motor Co. will eliminate about 20% of its workforce across Europe in a sweeping overhaul to tackle the carmakerās falling sales in the region and lift weak profitability.
June 27, 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.
Convoy Creates Method for Drivers to Book Multiple Loads at Once
Digital freight broker Convoy announced Automated Reloads, an app-based program that allows drivers to book multiple loads of freight at one time.
June 27, 2019Tesla Must Go āAll Outā to Set Deliveries Record, CEO Elon Musk Says
Tesla Inc. could be on the verge of a quarterly record for vehicle deliveries, though the electric carmaker will need to go āall outā in the last few days of the month, CEO Elon Musk wrote in an internal memo.
June 26, 2019Surging Corn Prices Put US Wheat Back in the Feed Trough
A looming shortfall in U.S. corn production after a historical spat of wet weather means wheat is back on the menu at cattle feedlots in the southern Plains.
June 26, 2019Purolator to Spend $759 Million for Faster Deliveries in Canada
Courier company Purolator Inc. will invest more than C$1 billion over the next five years to build a shipping hub in Toronto, upgrade its fleet and enhance its retail network in Canada to reach more customers.
June 25, 2019FedEx Lobs New Attack on Trade Limits as China Threat Looms
FedEx Corp. has fired a new weapon in the simmering U.S.-China trade war, suing the Trump administration to block enforcement of trade restrictions that had placed the company in Beijingās crosshairs.
June 25, 2019Port Officials Look to Keep Giant Cranes off Trump Administration Tariff List
As Americaās ports handle larger amounts of cargo from bigger container ships, the ports are in a building boom. But the cost of expanding could get more expensive if a Trump administration plan to impose 25% tariffs on ship-to-shore cranes manufactured only in China are implemented.
June 25, 2019An Asian Airline Will Start Testing Drones Capable of Hauling Tons of Cargo
Delivering cargo to the furthest reaches of the worldās biggest archipelago has forever been a challenge. Indonesiaās biggest airline sees a solution in drones.
June 25, 2019Hudson Hill Forms Fusion Transport From Two Acquisitions
Hudson Hill Capital, a private investment firm, has acquired majority stakes in Global Transport Logistics Inc. and Am Trans Expedite Inc. to form Fusion Transport.
June 24, 2019Don Daseke: āMy Philosophy Is to Invest in Peopleā
Don Dasekeās family business is owning businesses. Read more about this industry innovator in the first installment of "Accelerators."
June 24, 2019