Trucks moved freight valued at $60.6 billion between the U.S. and its North American neighbors Canada and Mexico in January, up 10.2% compared to January 2017, according to newly released Transportation Department figures.
LA port plans container staging hub
The busiest U.S. container port will build the 5.5-million square foot Harbor Performance Enhancement Center (HPEC) with Macquarie Principal Finance on Terminal Island, proximal to the marine center’s container terminals. Union Pacific and BNSF operate intermodal trains from the port.
Boeing Considers Turning Used 777s Into Cargo Planes
Boeing Co. is considering whether to convert used 777 passenger jets into freighters, seeking to capitalize as booming e-commerce sales spur new demand for air freight worldwide, people familiar with the matter said.
US ports, freight network get federal funding boost
Amid a renewed focus from the Trump administration to pass an infrastructure bill, there are encouraging signs elsewhere that Congress will increase spending on the nation’s freight network. Congress tripled the amount going to a popular grant program, and the money – which is headed to US ports for maintenance dredging and jetty work – […]
Private payrolls grow by 241K in March vs. 205K est.: ADP/Moody’s Analytics
Companies kept up the hiring pace in March, adding 241,000 positions as employment in construction and manufacturing surged, according to a report Wednesday from ADP and Moody’s Analytics. Economists surveyed by Reuters had been expecting the report to show that private payrolls had gained by 205,000.
U.S. Trucking Prices Are About to Rise Even More
A U.S. trucking shortage that has pushed up freight costs for everything from cereal to toothbrushes is about to get worse.
ELD Mandate: 10 Things You Need to Know as Full Enforcement Hits
The long, divisive slog is over. As of April 1, the Federal Motor Carrier Safety Administration’s electronic logging device mandate goes into full effect, requiring most commercial vehicles to have a compliant electronic logging device in the cab to track the driver’s hours of service.
GSK buys out Novartis in $13 billion consumer healthcare shake-up
GlaxoSmithKline (GSK.L) is buying Novartis (NOVN.S) out of their consumer healthcare joint venture for $13 billion, taking full control of products including Sensodyne toothpaste, Panadol headache tablets, muscle gel Voltaren, and Nicotinell patches.
Campbell Soup, Nestle placing bets on personalized nutrition
Personalized nutrition is “the next big opportunity” for packaged food companies, said Stephanie Naegeli, global director of marketing and innovation food at Nestle S.A. “It’s also a huge challenge because what C.P.G. is traditionally really good at is producing the same product at scale,” Ms. Naegeli said during a panel discussion at the Future Food-Tech […]
In Grocery’s Physical-Digital Age, Side with the Shopper
The line between physical and digital in the grocery space continues to blur. And grocers are mistaken if they believe choosing one over the other is the key to winning.