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.
February 26, 2019Logistics 100 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
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Extras
Vancouver Squeezed for Industrial Space, Canadian Brokerage Says
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, 2019Housing 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.
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.
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.
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.
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.
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.
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, 2019Wabtec 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