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Logistics News
Government, Business, Logistics

Vancouver 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.

Natalie Wong | Bloomberg News
February 26, 2019
Government, Business, Technology, Logistics

Musk 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
Business, Logistics

Housing Starts Decline to Two-Year Low in December

U.S. new-home construction in December fell to the lowest since September 2016, as builders held back during a turbulent month for financial markets.

Katia Dmitrieva | Bloomberg News
February 26, 2019
Business, Logistics

Teamsters: Jack Cooper Workers at Ford Plant in Louisville Won’t Be Laid Off

Four hundred twenty-five union workers at the Ford Truck Plant in Louisville, Ky., who were told Feb. 20 they were being laid off April 21, will not be out of work, according to a Teamsters union leader who spoke with Transport Topics.

Dan Ronan | Senior Reporter
February 26, 2019
Business, Logistics

Home Depot Falls as Sales Outlook Slows and Housing Starts Lose Steam

Home Depot Inc. shares fell on Feb. 26 after the retailer said sales gains will start to cool off this year — mirroring a trend in the U.S. housing market.

Matt Townsend | Bloomberg News
February 26, 2019
Government, Business, Logistics

ASCE Releases Report Cards for Two States, One Region in February

Kentucky, Vermont and Northeast Ohio received infrastructure report cards from the American Society of Civil Engineers, showing grades that were at or below average.

Eleanor Lamb | Staff Reporter
February 26, 2019
Government, Business, Safety, Logistics

Virginia Passes Law Aimed at Mitigating Wait Times for CDL Testing

The Virginia Legislature passed a law that will allow the state’s private commercial driver training schools and community colleges to hire third-party commercial driver license testers to help reduce skills-testing delays.

Eric Miller | Senior Reporter
February 26, 2019
Business, Technology, Logistics, Perspective

Opinion: Using Predictive Analytics for More Efficient Supply Chains

Logistics companies depend greatly on accuracy, timeliness and efficiency to meet distribution and customer demands. The use of predictive analytics, however, is changing the game for this industry because of its ability to determine real-time patterns, track data and anticipate these demands to streamline operations.

Inbal Axelrod | Co-Founder and Chief Marketing Officer, MyRouteOnline
February 26, 2019
Business, Technology, Logistics

Roadie Raises $37 Million, Pushing Overall Funding to $62 Million

Roadie, an on-the-way delivery service with the nation’s largest local same-day footprint, said it has raised $37 million in funding from The Home Depot, Warren Stephens and TomorrowVentures, among others, officials announced Feb 25.

February 25, 2019
Business, Technology, Equipment, Logistics, TCA

Wabtec Merger Complete as Strike Threat Hangs Over GE Plant

The merger of GE Transportation, one of the original business units of the General Electric Co., and Westinghouse Air Brake Technologies Corp. is complete as of Feb. 25.

February 25, 2019
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