Alliant Energy Transportation to Acquire Business Transportation Solutions
Freight-services provider Alliant Energy Transportation will acquire freight-management company Business Transportation Solutions, according to a Dec. 11 press release. The purchase follows AET’s acquisition of Hybrid Transit Solutions in October.
December 13, 2018Sunniva Acquires LTYR Logistics
Sunniva Inc. has acquired LTYR Logistics, a California-based cannabis distribution company headquartered in San Diego, according to a Sunniva news release.
December 13, 2018Lawmakers Pitch Infrastructure Proposals Before Next Congress
Sensing the impetus for considering a long-term infrastructure funding bill when the new Congress convenes in less than a month, key House and Senate policymakers have started to outline proposals for what would be a massive piece of legislation.
December 13, 2018Blue Collar Worker Shortage Reshapes Labor Market
A surprise shortage of blue collar workers is changing the contours of the U.S. labor market, boosting their pay, narrowing wage inequality and drawing more women into those jobs.
December 13, 2018China Agrees to Resume Purchasing US Soybeans
China resumed buying U.S. soybeans, bringing some relief to farmers in President Donald Trump’s heartland as President Xi Jinping works toward a trade deal with his American counterpart.
December 13, 2018Blackstone, KKR Said to Pursue $1 Billion Container Terminal
Cosco Shipping Holdings Co.’s sale of a container terminal in Long Beach, Calif., has drawn interest from potential buyers, including Blackstone Group LP and KKR & Co., people familiar with the matter said.
December 13, 2018Class 8 Truck Sales Rise 21.8% in November
U.S. retail sales of Class 8 trucks in November were 21,302, up 21.8% compared with a year earlier, WardsAuto.com reported.
December 13, 2018Jobless Claims Fall to 12-Week Low Amid Tight Labor Market
U.S. filings for unemployment benefits fell last week to the lowest since September, returning to hover near an almost five-decade low and signaling the labor market remains tight after what some economists saw as possible cooling signs.
December 13, 2018UPS Purchases $18.3 Million in Property in Massachusetts
United Parcel Service has purchased properties in Shrewsbury, Mass., and Grafton, Mass., for $18.3 million as it considers whether to build a $200 million distribution facility in the area.
December 13, 2018Holiday Shipping Deadlines for Amazon, USPS, UPS, FedEx
Procrastinators take note: The deadline is fast approaching to get those gifts in the mail to arrive by Christmas Eve.
December 13, 2018