Pennsylvania Airport Treading Deeper Into E-Commerce Cargo
In Pennsylvania, the Lehigh-Northampton Airport Authority took a step to grow its burgeoning e-commerce business by approving plans Jan. 31 to use a second warehouse near the airfield to handle cargo from FedEx and Amazon flights until it can build a $20 million warehouse.
February 1, 2017Wabash Reports Decline in Fourth-Quarter Earnings, Higher Full-Year Profits
Wabash National Corp., North America’s largest trailer maker, saw fourth-quarter profits and revenue slip compared with the 2015 period. Net income, however, rose for the full year on lower revenue, the company reported Jan. 31.
February 1, 2017FedEx Pushes for Infrastructure Fix as Trump Weighs Investment
The growth of e-commerce is putting enormous new demands on U.S. highways, airports and other infrastructure, which must be modernized with sustainable funding, FedEx Corp. Chairman and CEO Frederick Smith said.
February 1, 2017Michelin to Raise Tire Prices Up to 8%
Michelin North America announced price increases in North America of up to 8% for heavy-duty truck tires and others it sells, adding it would roll out the exact increases separately.
February 1, 2017Manufacturing Accelerates for a Fifth Straight Month
Manufacturing growth accelerated in January for a fifth consecutive month on stronger orders and production that signal America’s factories are rebounding.
February 1, 2017Companies in US Added Most Workers in Seven Months, ADP Says
Companies last month added the most workers to payrolls since June on pickups in services and manufacturing jobs, data from the ADP Research Institute in Roseland, New Jersey, showed Feb. 1.
February 1, 2017Capitol Agenda for the Week of Jan. 31: Infrastructure Needs? Wait Your Turn
There are many infrastructure projects in America that need immediate attention. Just don't define 'immediate' as the first 200 days of the Trump administration. Here's the week ahead for trucking on Capitol Hill.
January 31, 2017Daimler, Uber to Partner on Self-Driving Cars
Car and truck maker Daimler AG plans to introduce and operate self-driving cars on Uber’s ridesharing network “in the coming years” under a new partnership between the companies.
January 31, 2017OIA Global Acquires American Cargo Express
OIA Global has acquired American Cargo Express, a company based in Union, New Jersey, that provides domestic and international freight forwarding, warehousing and trade management services.
January 31, 2017Amazon Establishes Air Cargo Hub in Kentucky
Online retailer Amazon.com is building a new centralized air cargo hub at the Cincinnati/Northern Kentucky International Airport to support the company’s growing fleet of cargo planes.
January 31, 2017