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Investors Pour More Money Into Warehouse Tech Startups

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, 2019

Army 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, 2019

Amazon 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, 2019

Growth 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, 2019

FMCSA 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, 2019

PepsiCo 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, 2019

Virginia 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, 2019

Americold 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, 2019

Canadian 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