Ceva Logistics has opened a customer distribution center with home-furnishings retailer Ikea in Staten Island, N.Y., according to a news release.
March 11, 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.
Tennessee Panel OKs $10 Million for FedEx Project in Memphis
NASHVILLE, Tenn. — A Tennessee panel has approved a $10 million economic development grant to establish the FedEx Logistics headquarters in downtown Memphis.
March 11, 2019Pelosi Says Trump Willing to Work With Dems on Infrastructure
House Speaker Nancy Pelosi said President Donald Trump “assured” her that they could work together on two bipartisan priorities: increasing infrastructure spending and reining in drug prices.
March 8, 2019WiseTech Global Acquires Singapore Firm Containerchain
WiseTech Global, a logistics company based in Sydney, has acquired Containerchain, a container logistics provider that does business in Asia, Europe and the United States, according to a WiseTech news release.
March 8, 2019Trade War Leaves Pacific Northwest Port Growth at Risk
An industry that saw dramatic growth in the 10 years before Donald Trump became president is now concerned his administration’s trade tussle with China, and the lack of a deal with Japan, will cut future growth short.
March 8, 2019Financing Deals Put Tesla Closer to Making Model 3s in China
Tesla Inc. secured as much as $521 million in loans from Chinese banks to build a vehicle and battery factory in the country, putting the carmaker a step closer to producing Model 3 sedans at its first overseas plant.
March 8, 2019Descartes Posts 16% Profit Gain for Final Quarter, Full Year
The Descartes Systems Group Inc. reported profits grew 16% in 2018, according to a company earnings release.
March 8, 2019Amazon Purges Suppliers in Push to Boost E-Commerce Profits
Amazon.com abruptly stopped buying products over the past two weeks from many of its wholesale vendors, encouraging them to instead sell their products directly to consumers on Amazon’s marketplace.
March 7, 2019Washington State Transport Package Sets Aside $450 Million for New I-5 Bridge
The Washington state Senate Transportation Committee passed a $15 billion transportation package March 6 that includes $450 million for a new Interstate 5 bridge across the Columbia River.
March 7, 2019Port of Baltimore Tops 10 Million Tons of Cargo for Third Straight Year
The port of Baltimore had another historic year in 2018. The Maryland Port Administration’s public terminals handled 10.9 million tons of general cargo — more containers, cars, construction equipment and other cargo than ever before — surpassing 10 million tons for the third straight year, officials announced March 6.
March 7, 2019