Logistics
For the commercial transportation business, moving things from point A to point B is job one. This coverage explores all of those movements at a global level and focuses on everything from global trade, ocean shipping, and port activity to intermodal business, rail operations and the greater supply chain.
Consumer Spending Rises in August
While the trucking industry’s financial health continues to excel, the overall U.S. economy is trying to gain momentum.
Amazon Plans to Put 1,000 Warehouses in Suburban Neighborhoods
The facilities, which will eventually number about 1,500, will bring products closer to customers, making shopping online about as fast as a quick run to the store.
Retail Sales Rise for 4th Straight Month as Growth Slows
Americans kept spending in August, but the pace of that growth is slowing as millions of people who lost jobs have now lost a $600-a-week boost in their unemployment checks.
Werner Advances Technology Initiative With IoT Partnership
Werner Enterprises has teamed with fleet management service Platform Science to advance its technology initiative, the companies announced Sept. 16.
US Removes Canada Aluminum Tariffs Amid Retaliation Threat
The U.S. announced the removal of aluminum tariffs it slapped on Canada last month.
September 15, 2020WTO: US Tariffs on China Are Illegal
A World Trade Organization panel ruled Sept. 15 that Trump administration tariffs on $200 billion worth of Chinese goods are illegal, vindicating Beijing even if the United States has all but incapacitated the WTO’s ability to hand down a final, binding verdict.
Amazon Looks to Use More Contractors for Grocery Delivery
Amazon .com Inc. is experimenting with a new program that pays independent contractors to fetch groceries from shelves in Whole Foods stores and deliver them in their own vehicles.
Industrial Production Growth Slows, Up 0.4% in August
U.S. industrial production slowed to a modest increase of 0.4% in August, far weaker than the strong bounceback recorded in previous months when factories were coming back to life.
XPO Logistics Appoints Erik Caldwell to Head Last-Mile Unit
XPO Logistics appointed Erik Caldwell president of its last-mile business unit in North America.
September 11, 2020Oil Traders Snap Up Tankers in Sign Second-Wave Glut Is Near
Some of the world’s biggest oil traders are getting ready for the possible resurgence of a coronavirus-induced glut of crude and fuels, snapping up giant tankers for monthslong charters so that they can be ready to store excess barrels if necessary.