Flowspace, a technology firm that helps businesses manage warehousing and fulfillment services, received $12 million in funding from an investment group led by Canvas Ventures.
April 18, 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.
Transport Topics Wins Eight Regional Azbee Awards
WASHINGTON — Transport Topics collected honors in eight categories, including a gold award for its coverage of the 2018 Management Conference & Exhibition, as the American Society of Business Publication Editors handed out its 2019 Mid-Atlantic Azbee Awards on April 17.
April 17, 2019Army Corps of Engineers Takes Heat in Wake of Missouri River Flooding
The federal agency that manages dams along the Missouri River received stern criticism from several U.S. senators earlier this month during a hearing held to examine the massive flooding that caused more than $3 billion in damage in the Midwest.
April 17, 2019Amazon Is Said to Prepare Closing of Chinese E-Commerce Store
Amazon.com is preparing to close a Chinese online store that caters to mainland consumers, according to sources familiar with the matter.
April 17, 2019Growth Continues, but Risk of Recession Looms Larger, Economist Says
ORLANDO, Fla. — Freight brokerage and third-party logistics firms can expect another year of positive business growth before facing an increased threat of recession, according to economist Noel Perry.
April 17, 2019FMCSA Grants Ag Haulers a Five-Year Exemption Permitting New Cargo Securement Techniques
Federal regulators have granted a five-year exemption to the Agricultural & Food Transporters Conference of American Trucking Associations, clearing a variety of alternative methods to secure agricultural commodities grouped into large singular units.
April 17, 2019PepsiCo Shares Climb to Highest on Record
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, 2019Virginia 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, 2019