Three months ago, General Mills executives believed the company was on the verge of simultaneous sales and profit growth for the first time in years. Instead, higher trucking and other costs suddenly ate into profit.
March 22, 2018Search
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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.
Amazon Is Looking for Larger Whole Foods Stores to Support Delivery Plans
Less than a year after closing its acquisition of Whole Foods, Amazon.com Inc. is looking for fresh ways to expand its brick-and-mortar retail network while bolstering the online shopping business.
March 22, 2018Trump Slaps Tariffs on $50 Billion Worth of Chinese Goods
President Donald Trump took his boldest step to level the economic playing field with China, ordering sweeping tariffs on Chinese goods in a move that could escalate already-tense trade relations between the world’s two biggest economies.
March 22, 2018PHMSA Requests Input on Transporting Hazardous Materials With Automated Technologies
The Pipeline and Hazardous Materials Safety Administration has requested information on the use of automated technologies in the transportation of hazardous materials, according to a document published in the Federal Register March 22.
March 22, 2018Michigan Governor Calls for Federal Gas Tax Hike to Fix State’s Ravaged Roads
It’s time to raise the federal gas tax to help fix Michigan’s ravaged roads, Michigan Gov. Rick Snyder said March 20.
March 20, 2018Tonnage Robust as Demand for Trucks Grows
Truck tonnage in February was up nearly 6% compared with February 2017, according to American Trucking Associations’ monthly for-hire truck tonnage index. Tonnage is up 7.1% year-to-date, compared with the same two months in 2017.
March 20, 2018Next Trucking Partners With International Shipping Giant Mitsui O.S.K. Lines
A company that got its start as an online marketplace to connect drivers and loads is branching out to provide a broader array of logistics services between the United States and China.
March 20, 2018As Transportation Costs Mount, Amazon Is Squeezing Suppliers to Curb Losses in Price Wars
Amazon.com Inc., locked in a margin-crushing price war, is offloading costs onto suppliers and limiting the number of single, low-priced items shoppers can purchase in an effort to offset rising shipping costs.
March 20, 2018Ontario Trucking Group Asks to be Considered for Immigrant Workforce Program
The Ontario Trucking Association has asked to be included in a government program that allows immigrants who work in certain sectors to be considered for permanent resident status.
March 20, 2018Los Angeles, Long Beach Turn Times Drop as Cargo Volume Grows to February Record
Truck drivers took seven minutes less, on average, to enter and exit the two large Southern California ports in February compared with the same period a year ago.
March 20, 2018