American corn farmers are feeling better about their prospects with billions more in government aid and optimal growing conditions. There’s only one downer — demand.
June 2, 2020![Image](/sites/default/files/images/logos/top_50_logistics.png)
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Extras
On the Bubble
American Farmers Can’t Wash Their Hands of All This Corn
Rise in Rail Shipments a Sign of Rebound in Canada
One of Canada’s railways is seeing signs the economy is slowly bouncing back from the coronavirus pandemic.
China Halts Some US Farm Imports, Threatening Trade Deal
Chinese government officials told major state-run agricultural companies to pause purchases of some American farm goods, including soybeans, as Beijing evaluates the ongoing escalation of tensions with the U.S. over Hong Kong, according to people familiar with the situation.
June 1, 2020Uber-Grubhub Deal Hinges on Breakup Fee, Sources Say
Uber Technologies Inc. and Grubhub Inc. are haggling over a breakup fee after nearing an agreement on a merger price, according to people familiar with the matter.
May 29, 2020GSA to Expand California’s Busiest Truck Checkpoint
The General Services Administration is preparing to start work on an expansion project for the Otay Mesa Land Port of Entry, California’s busiest border crossing point for commercial trucks.
Driver Shortage Is Over Temporarily
The often discussed driver shortage is over — at least for the time being — as a result of the COVID-19 pandemic, the deepening U.S. recession and a falloff in the amount of freight being hauled by many sectors of trucking, industry experts said.
US Says Hong Kong’s Autonomy Is Gone
The U.S. has certified that Hong Kong is no longer politically autonomous from China, a move that could have far-reaching consequences on the former British colony’s special trading status with the U.S., Secretary of State Michael Pompeo said.
Amazon Buying Zoox May Save $20 Billion, Put Tesla on Its Heels
Amazon .com Inc.’s talks to buy driverless vehicle startup Zoox Inc. has analysts speculating the deal could save the e-commerce giant tens of billions a year and put auto, parcel and ride-booking companies on their heels.
Target Handles Q1 Surge in Digital Volume
During its first-quarter earnings call May 20, Target Corp. said its stores helped fulfill an unexpected surge in online orders.
Last-Mile Delivery Fleets Navigate Challenges of COVID-19 Pandemic
Last-mile fleets such as FedEx, Amazon, XPO and UPS have been dealing with a spike in demand while also implementing safety protocols to protect employees and customers.