Amazon.com Inc. is reconsidering its plan to build a corporate campus in New York after facing a wave of opposition, according to a news report that cited unnamed people familiar with the matter.
February 8, 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.
Tesla to Cut 1,000 Jobs Starting March 20
Teslas Fremont factory will be the hardest hit in California by the global job cuts the electric vehicle maker announced last month.
February 8, 2019Ford Investing $1 Billion in High-Profit SUV Plants
Ford Motor Co. is investing $1 billion in two Chicago factories and hiring 500 workers to expand its ability to crank out high-profit sport utility vehicles, including its new Explorer.
February 8, 2019Venture Formed to Provide Bulk Liquids Storage, Logistics
Hartree Partners, a New York-based commodities trading firm, is forming a business to provide storage, terminaling and logistics services for producers of crude oil, refined petroleum products and other bulk liquids.
February 8, 2019Hub Group Revenue Tops $1 Billion in Fourth Quarter
Intermodal and logistics service provider Hub Group reported revenue topping $1 billion and higher profits in the fourth quarter of 2018.
February 7, 20192018 Wreaths Across America at Arlington National Cemetery
Scenes of volunteer efforts captured on Wreaths Across America day at Arlington National Cemetery Dec. 15, 2018
December 15, 2018Americold Acquires PortFresh Warehouse, Plans Port of Savannah Expansion
Cold storage warehouse operator Americold acquired PortFresh Holdings in Savannah, Ga., and said it will build a 15 million-square-foot cold storage facility on an adjacent site as part of a move to increase the firms share of the market for food imports and exports at the Port of Savannah.
February 7, 2019Amazon Cuts Deal to Unfreeze Suspended Product Listings in India
Amazon.com resurrected thousands of suspended product listings in India by selling much of its stake in top local venture partner Cloudtail, a hastily arranged deal intended to comply with stringent new e-commerce regulations that upended the market.
February 7, 2019Mullen Group Takes Hit From Downturn in Oil Field Services
Mullen Group reported higher revenue and profits in the fourth quarter of 2018 despite a market meltdown caused by falling oil prices that curtailed demand for transportation services as the year ended.
February 7, 2019Steel Expected to Struggle on China Tariffs
After two years of bumper profits, the steel industry is entering a slowdown. ArcelorMittal, as well as smaller European producers like Salzgitter AG and Voestalpine AG, are sounding the alarm about weakening conditions, particularly in China. The country, which uses about half of the worlds steel, is now expected to see a drop in demand, the first contraction since 2015.
February 7, 2019