A red-hulled tanker is drifting in Massachusetts Bay, trying to capitalize on the two-month window when natural gas in this region can become the most expensive in the United States, and sometimes the world.
February 25, 2019Logistics 50 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
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Extras
Excelerate Energy ‘Open for Business’ When Natural Gas Prices Spike
Trump’s Extension of China Truce Gives Xi Breathing Room on Slowdown
Donald Trump’s decision to extend a deadline on additional tariffs on Chinese goods provides Xi Jinping with some temporary relief as he struggles to arrest an economic slowdown.
February 25, 2019North American Leaders Discuss Future of USMCA
WASHINGTON — Trade officials representing the United States, Canada and Mexico committed to advancing the treaty that is meant to serve as a replacement for the North American Free Trade Agreement. The U.S.-Mexico-Canada Agreement was announced in late September as an update to NAFTA, which took effect in 1994.
Daimler Joins BMW in Bid to Be a Force in Ride-Hailing Sector
Daimler AG and BMW AG are pouring more than 1 billion euros into their joint car-sharing and ride-hailing businesses to take on the likes of Uber Technologies Inc. and Lyft Inc.
February 22, 2019BNSF Plans $400 Million in Upgrades to Texas Rail System
Fort Worth-based BNSF Railway Co. will spend $405 million this year to upgrade its rail system running throughout Texas.
Driver-Shipper Relationships Rely on Respect, Communication
NASHVILLE, Tenn. — Communication and respect can ease relationships between truck drivers and shippers, according to panelists gathered at the 2019 Retention and Recruitment Conference on Feb. 21.
Americold Completes First Year as Public Company With Solid Financial Results
Warehouse operator Americold completed its first year as a public company by reporting solid gains in revenue and higher operating profits in the fourth quarter of 2018.
Amazon.com 'Insourcing' Roils Freight Industry, Analysts Say
Amazon.com Inc.’s role in the shuttering of New England Motor Freight and the “body blow” dealt to XPO Logistics Inc. is raising alarms for trucking and logistics firms that do business with, or compete against, the popular online retailer.
Rising Trucking Costs Amplify Pressure for P&G, Church & Dwight
Procter & Gamble Co., the maker of Bounty paper towels, Crest toothpaste and Pampers diapers, says the cost of trucking its goods is still on the rise. Whether that leads to more price increases for U.S. consumers on top of last year’s remains to be seen.
ATA’s Spear Says Collaboration Can Help Reduce Driver Shortage
NASHVILLE, Tenn. — Collaborating with representatives of various industries and government agencies can buoy trucking workforce development efforts, according to American Trucking Associations President Chris Spear.