The Panama Canal is doing so well, it got its credit rating upgraded by Moody’s Investors Service.
March 20, 2019Logistics 100 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
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Extras
With Strong Traffic, Panama Canal Bonds Get Upgrade
FedEx Earnings Take a Hit as International Shipping Slows
FedEx Corp. reported higher revenue but lower profits in the third quarter of fiscal 2019 and cut its earnings forecast for the remainder of the year.
Kane Is Able Receives Equity Investment From Harkness Capital Partners
Kane Is Able Inc., a warehousing and distribution business in operation since 1930, announced that Harkness Capital Partners agreed to make an unspecified equity investment in the firm as part of a strategy to expand the company’s services and national presence.
RK Logistics Group Deploys Fetch Robots in Its Warehouses
RK Logistics Group has unleashed the robots in its warehouses and distribution centers.
Teamsters Issue Warning to New England Stop & Shop Supermarkets
The Teamsters warned Stop & Shop that its members would support the supermarket’s union in any labor stoppage as a result of the current impasse in contract negotiations, with nearly 700 warehouse workers and 250 drivers delivering food and other products to Stop & Shop stores in southern New England.
Home Depot Hiring 80,000, Including Overnight Freight Workers
If you’re looking for a job this spring, The Home Depot is seeking to hire 80,000 employees at its stores and distribution centers.
Ford Boosts Output of Big SUVs for Second Time in Two Years
Ford Motor Co. is boosting production of its biggest, highly lucrative sport utility vehicles for the second time in two years at a U.S. factory already bursting at the seams.
Rail Lines Cut in Flooded Midwest, Which Faces More Rain
The Great Plains and Midwest, struggling with flooding that inundated roads and farms and pushed rivers to record heights, is set to get more rain ahead, with light showers forecast over the next few days and a heavier downpour next week.
Mason Wells Acquires RJW Logistics Group
Private equity firm Mason Wells of Milwaukee has acquired RJW Logistics Group Inc., a supply-chain logistics service for packaged-goods companies
March 18, 2019Trump Calls on GM to ‘Bring Jobs Home’ After Ohio Plant Closing
President Donald Trump said he wants an immediate start to talks between General Motors Co. and the United Auto Workers, extending to a third day his calls for the carmaker and union to reopen an Ohio factory.