Extras
Logistics News
Business, Logistics

Nestle US Unit to Cut 4,000 Jobs by Stopping Direct-to-Store Delivery

Nestle SA’s U.S. unit will lay off about 4,000 workers as it stops delivering frozen pizza and ice cream directly to stores and instead transitions to a warehouse model that’s becoming an industry standard for major food companies looking to trim costs.

Deena Shanker | Bloomberg News
May 7, 2019
Business, Logistics

Amazon One-Day Shipping Lifts Startups Serving Retailer’s Competition

Amazon's pledge last month to pump $800 million into making next-day delivery the new standard upped the pressure on its brick-and-mortar rivals to spend more trying to catch up all over again.

Spencer Soper | Bloomberg News
May 7, 2019
Government, Business, Logistics

China Prepares Retaliatory Tariffs as Chief Negotiator Heads to US

China’s top trade negotiator Liu He will travel to the United States this week for high-stakes talks as prospects dimmed for maintaining a fragile truce after President Donald Trump threatened to raise tariffs on Chinese goods starting May 10.

May 7, 2019
Government, Business, Logistics

Mexico Border Delays Seen Weighing on US Investment, Factories

More cargo from Mexico to the United States is being held up at the border, accompanied by increasing evidence that such delays are dimming prospects for American companies.

Jordan Yadoo | Bloomberg News
May 7, 2019
Government, Business, Logistics

Grain Markets Dive to 42-Year Low After Trump’s Trade Tweets

Soybean and corn futures slumped after tweets from Donald Trump that threaten an escalation of the U.S.-China trade war, frustrating battered American producers hoping for a quick resolution.

May 7, 2019
Government, Business, Logistics

Trump’s Tariffs on Chinese Electric Cars Seen Likely to Last

With China bent on dominating the future of electric vehicles, President Donald Trump is likely to erect trade barriers targeting that technology in the form of stiff new tariffs that will have staying power, according to a consultant on the country’s auto market.

Keith Naughton | Bloomberg News
May 7, 2019
Business, Equipment, Logistics

Ryder System Posts Robust First Quarter, Boosts Profit Forecast for 2019

Ryder System posted higher earnings and strong sales growth in its dedicated and supply chain solutions businesses for the first quarter of 2019.

Daniel P. Bearth | Staff Writer
May 3, 2019
Business, Logistics

Universal Logistics Acquires Michael’s Cartage

Universal Logistics Holdings Inc., an asset-light transportation and logistics company, acquired Michael’s Cartage Inc., according to an April 22 news release. Terms were not disclosed.

May 3, 2019
Business, Technology, Logistics, Autonomous, Top 100

FedEx, UPS Strive to Automate Loading and Unloading Trucks

As FedEx Corp. and UPS Inc. beef up automation to keep pace with surging e-commerce and a potential threat from Amazon.com, they’ve been stumped at a crucial stage: loading and unloading trucks.

Thomas Black | Bloomberg News
May 3, 2019
Government, Business, Logistics

Goods-Trade Gap Widens to $71.4 Billion on Import Increase

America’s merchandise trade deficit widened in March for the first time in three months as an increase in imports exceeded the rise in exports.

Katia Dmitrieva | Bloomberg News
May 3, 2019
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