Target Corp. agreed to purchase grocery-delivery startup Shipt Inc. for $550 million, stepping up its challenge to Amazon.com Inc. by speeding the rollout of same-day shipping.
December 15, 2017Search
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2017: A Year Spent Looking Ahead
2017 was a year of anticipation for the freight transportation industry, leading up to the long-awaited Dec. 18 mandate for broad adoption of electronic logging devices to track hours of service.
December 14, 2017ATA Chief Economist Bob Costello on 2017 as 'A Transition Year'
ATA Chief Economist Bob Costello (right) looks back on the 2017 year in trucking, calling it a "transition year" and expecting better things ahead for 2018. His interview with TT's Joe Howard is part of our Dec. 13 LiveOnWeb program, "2017 Year in Review."
December 13, 2017Goldman Sachs Warns of US NAFTA Exit as Negotiators Seek Small Wins
Investors remain on alert over the threat of Nafta talks failing even as negotiators meet this week in Washington and seek minor victories on less contentious issues.
December 12, 2017Shippers Ramp Up Hiring in Pennsylvania to Handle Flood of Package Deliveries
UPS Inc., FedEx and the U.S. Postal Service have sizable operations in the Lehigh Valley area of Pennsylvania and have ramped up operations by hiring hundreds of seasonal employees to handle an expected surge in holiday orders.
December 12, 2017GSA’s New York Border Facility Renovations Will Expand Truck Capacity
The General Services Administration is conducting rock blasting along Interstate 81 in upstate New York to clear room for a new border inspection facility with enough capacity to process trucks.
December 11, 2017Shipping Costs are Surging Globally
The cost of moving pretty much every dry-bulk commodity — from fertilizer to salt to rocks — has surged since July, lifting the London-based Baltic Exchange’s main freight gauge to its highest in almost four years.
December 11, 2017UPS Eyes Delivery of Holiday Packages by Golf Cart in Colorado Town
Golden, Colo., residents could see the unwrapping of a new package delivery system right in the middle of this year’s holiday gift-giving frenzy, with UPS Inc. drivers swapping out their trademark brown trucks for golf carts with trailers.
December 7, 2017Retired Teamsters Facing Dramatic Pension Cuts See Hope in New Federal Legislation
Retired Teamsters around the nation who are facing dramatic cuts to their monthly pensions are keeping their fingers crossed that proposed federal legislation will keep them from financial ruin.
December 7, 2017Revenues Rise in 3Q for 3PLs as Shipments Jump
The third quarter saw a rise in freight shipments and revenues for logistics brokers compared with the same period a year ago, but profit margins fell 40 basis points due to cost increases in the spot market for trucks, according to the Transportation Intermediaries Association’s quarterly 3PL Market Report.
December 6, 2017