A potential strike by Canadian Pacific Railway Ltd. workers threatens to derail a recovery in Alberta’s beaten-down heavy oil prices.
April 18, 2018Logistics 50 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
Top Dry Storage Warehousing Firms
No rankings are available for this year.
Extras
Canada Oil Recovery Faces Threat From Potential Rail Strike
China’s $1 Billion Port With Almost No Container Traffic
Each year, about 60,000 ships vital to the global economy sail through the Indian Ocean past a Chinese-operated port on the southern tip of Sri Lanka. Few stop to unload cargo.
Blockchain on Verge of Revolutionizing Shipping Industry
Globalization has brought the most advanced trading networks the world has seen, with the biggest, fastest vessels, robot-operated ports and vast computer databases tracking cargoes. But it all still relies on millions and millions of paper documents.
Nussbaum Transportation Begins Employee Stock Ownership Plan
Brent Nussbaum, CEO of Nussbaum Transportation, gave 35% of ownership to employees through an employee stock ownership plan, known as an ESOP.
Oil Rises to Highest Since 2014 on Bullish US Inventory Report
Crude rose to its highest level since 2014 in New York as the drop in U.S. inventories reported by an industry group helped to sustain a rally spurred by geopolitical risks.
Peoples Services Acquires Grimes Cos. to Expand in Southeast
Peoples Services Inc., a logistics firm based in Canton, Ohio, acquired the assets of The Grimes Cos. in Jacksonville, Fla., a move that substantially expands the company’s warehousing and distribution services in the southeastern United States.
April 18, 2018Mayor Eric Garcetti Says SpaceX to Build New Rocket in Port of Los Angeles
SpaceX has chosen to manufacture its planned big, new rocket in the Port of Los Angeles, Mayor Eric Garcetti announced April 16 in his annual state of the city speech.
Digital Marketing Firm ACG Transfers Trucking Assets to Mark-It Express
Alliance Creative Group, a Chicago-based firm engaged in product development, packaging and printing, fulfillment and transportation services, said it will transfer its trucking clients and most of its drivers to Mark-It Express Logistics, a bigger and more established trucking company.
April 17, 2018Mike Ducker to Step Down as FedEx Freight CEO on Aug. 15
Mike Ducker will retire Aug. 15 as president and CEO of FedEx Freight after leading the group for four years, FedEx Corp. announced April 16. His successor will be named later.
In the Age of Amazon, Warehouses Are Smart Investments
Forget your fancy office towers. The future lies in warehouses.