A group of 32 chief executive officers from major companies sent a letter to the White House, urging President Trump to move quickly on an update of the North American Free Trade Agreement (NAFTA) between the United States, Canada and Mexico, but not to mess with the underlying structure, the Wall Street Journal reported.
Depending on who you ask, estimates of the number of retail stores that will close in 2017 range from 7,000 to 10,000. Given the retail climate, the number of new store openings is likely to be much lower. If you walk in almost any shopping area now, you see vacancies. They’re an eyesore, they make […]
The last mile on the route to e-commerce fulfillment is getting crowded, with truckload, less-than-truckload, logistics and parcel operators all jostling to squeeze trucks onto residential roads and driveways leading to a consumer’s doorstep and customer’s dollars. (This article requires a subscription to the Journal of Commerce. To subscribe, please click on the above link.)
Hyster Company is testing high capacity lift trucks with electric motors. The company suggests that, in the near future, ports and heavy industry will be able to electrify their big truck fleets, producing zero emissions while achieving comparable full shift performance.
The retail industry’s international expansion slowed a bit in 2016 from its strong pace of a year earlier as retailers adjusted to e-commerce and shifting exchange rates, according to CBRE Group Inc.’s 10th annual study of international retail expansion.
Seasonally-adjusted (SA) for-hire truck tonnage at 134 (2000=100) dropped 2.5% (its largest monthly contraction year-to-date), following declines of 1.1% in March and 0.1% in February.
Driving a long-haul tractor-trailer is as commonplace as the items that drivers carry, from blue jeans to blueberries, from toilet paper for Walmart to farm machinery bound for export. There are 1.7 million men and women working as long-haul drivers in the country. Yet truckers – high up in their cabs – are literally out […]
Traffic congestion on U.S. highways cost the trucking industry $63.4 billion in 2015 due to lost productivity, according to new research by the American Transportation Research Institute.
The trucking industry has been teetering on the electronic logging device issue for a years now. Not many wanted to see it come to fruition, and now that the December compliance deadline is rolling around, trucking companies and truck drivers across the nation are hoping for a reversal on the ruling.
Risk models provide a key advantage to firms operating globally, and are the first step in identifying key trade lanes, business partners, and the areas most likely to cause harm. The more you know, the easier it is to manage the risk. (This article requires a subscription to the Journal of Commerce. To subscribe, please […]
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