Walmart has begun expanding the scope and capabilities of its private fleet, taking over store distribution from dedicated contract carriers at facilities in Maine, Indiana and Ohio, while also adding a new intermodal service using a proprietary container design and company drivers to provide drayage service.
February 27, 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..
New York City Girds for Possible Congestion-Pricing Changes
Under the plan sketched out Feb. 26, electronic-tolling devices would be installed around the district south of 61st Street by 2020, with discounts for off-peak travel. Uber Technologies Inc. is among those supporting the push for so-called congestion pricing.
February 27, 2019Lowe’s Posts Solid 4Q Results as Rival ºÚÁϳԹÏÍø Depot Stumbles
It was a cold winter for Lowe’s Cos., but sales largely held up. And now, CEO Marvin Ellison said demand for home improvement goods is starting to heat up, one day after rival ºÚÁϳԹÏÍø Depot Inc. reported results that fell short.
February 27, 2019TransForce Continues Expansion Trend by Acquiring USA Drivers
TransForce Inc. said it purchased regional staffing agency USA Drivers, marking the 14th acquisition for TransForce since 2013.
February 26, 2019Lineage Logistics Buys Preferred Freezer Services
Refrigerated storage company Lineage Logistics of Novi, Mich., said it has agreed to purchase Preferred Freezer Services, a network of temperature-controlled cold storage warehouses based in Chatham, N.J.
February 26, 2019TravelCenters of America Reports Mixed 4Q, Annual Results
TravelCenters of America, the nation’s only publicly traded truck stop network, reported a narrowed loss in fourth-quarter net income but an increase in revenue.
February 26, 2019Grocery Delivery Helps Costco Edge Amazon in Consumer Satisfaction Survey
Costco Wholesale Corp. may be a latecomer to e-commerce, but consumers love it even more than Amazon.com, according to a customer satisfaction survey released Feb. 26.
February 26, 2019Warning Signs Flash for Detroit as Jeep Wranglers Pile Up on Dealer Lots
An unexpected spike in inventory of Fiat Chrysler Automobile NV’s iconic Jeep is stoking concern that the American SUV boom that has fueled Detroit automakers’ profit is reaching its limits.
February 26, 2019Vancouver Squeezed for Industrial Space, Canadian Brokerage Says
The market for industrial space is so hot in Vancouver, British Columbia, the city may run out of land for the sector, according to brokerage CBRE Ltd.
February 26, 2019Musk Faces Contempt Claim for Violating Accord With SEC
Elon Musk is facing a new round of regulatory trouble for tweets about Tesla Inc., raising fresh concerns about the chief executive officer’s ability to keep his impulses in check and responsibly run a public company.
February 26, 2019