General Motors Co. will throw a bone to President Donald Trump on March 22 by announcing an investment in its electric-car plant north of Detroit after enduring days of intense criticism for idling an Ohio factory.
March 21, 2019Search
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TT's Seth Clevenger and Mike Senatore unpack the trends, surprises and shake-ups that define this year's Top 100 for-hire carriers..
Florida Farmers Push Protection as Trump Seeks USMCA Approval
Manatee County, Fla., tomato farmer Gary Reeder says he has seen the county’s tomato industry “basically cut in half” during his lifetime. Reeder says Florida tomato farmers struggle to compete with their counterparts in Mexico.
March 21, 2019Jobless Claims Fall More Than Expected to Four-Week Low
Filings for U.S. unemployment benefits fell more than expected to a four-week low, as the labor market tightens further following the end of a five-week government shutdown.
March 21, 2019UK Trucker Shortage to Worsen After Brexit, Haulage Group Says
Brexit is set to exacerbate a chronic shortage of drivers among U.K. haulage companies, according to a study from the International Road Transport Union.
March 21, 2019Trump Suggests GM Should Sell Idled Ohio Auto Plant
President Donald Trump said March 20 that General Motors Co. should sell an idled plant in Lordstown, Ohio, or restart production. The company said it’s received inquiries about factory.
March 21, 2019BMW Pushes on With UK-Made Electric Minis as Brexit Looms
BMW AG will start production of an electric Mini model in the U.K. later this year even as carmakers grapple with the implications of the latest twist to Britain’s exit from the European Union.
March 20, 2019With Strong Traffic, Panama Canal Bonds Get Upgrade
The Panama Canal is doing so well, it got its credit rating upgraded by Moody’s Investors Service.
March 20, 2019FedEx Earnings Take a Hit as International Shipping Slows
FedEx Corp. reported higher revenue but lower profits in the third quarter of fiscal 2019 and cut its earnings forecast for the remainder of the year.
March 19, 2019Kane Is Able Receives Equity Investment From Harkness Capital Partners
Kane Is Able Inc., a warehousing and distribution business in operation since 1930, announced that Harkness Capital Partners agreed to make an unspecified equity investment in the firm as part of a strategy to expand the company’s services and national presence.
March 19, 2019RK Logistics Group Deploys Fetch Robots in Its Warehouses
RK Logistics Group has unleashed the robots in its warehouses and distribution centers.
March 19, 2019