29 Dec Orange EV Says Its Terminal Trucks Are Eligible for Vouchers Orange EV said after three new approvals, all of its electric terminal trucks are now eligible for California's Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project intended to provide large point-of-sale discounts for qualified technologies that improve air quality. Read more...
29 Dec Jobless Claims Decline for a Third Week in Past Four Filings for U.S. unemployment benefits fell for a third week in the past four, showing a resilient labor market. Read more...
28 Dec 'K' Line Files Lawsuit Against APL Logistics for Spreading Rumors Kawasaki Kisen Kaisha, Ltd., or "K" Line, filed a lawsuit against APL Logistics Ltd. in a Tokyo civil court for comments the logistics firm made after the Hanjin Shipping Co. demise on Aug. 31. Read more...
28 Dec Uber-Like Package-Delivery Service Roadie Harnesses Holiday Travelers Roadie, an Atlanta-based company which began service in central Ohio earlier this year, connects road-trippers with those who are looking for a way to ship a package, either across town or across the nation. Read more...
28 Dec To Keep FedEx-Like Margins, China Logistics Firm Plans Cuts ZTO Express Inc., the first Chinese package-delivery company to list in the United States, said it needs to cut costs in China to maintain profit margins that exceed FedEx Corp.'s. Read more...
28 Dec Rhode Island DOT Eyes Federal Dollars to Fix Freight Corridor Transportation officials in Rhode Island are looking to access federal dollars to help fix a critical freight corridor. Read more...
28 Dec Union Pacific Agrees to Inspection, Maintenance Improvements Federal railroad authorities reached an agreement with Union Pacific Railroad requiring improvements to the railroad's inspection and safety procedures. Read more...
28 Dec Pending Existing-Home Sales Fall on Higher Mortgage Rates Contracts to purchase previously owned U.S. homes unexpectedly decreased in November on a sudden pickup in mortgage rates and limited inventory, according to figures released Dec. 28 from the National Association of Realtors in Washington. Read more...
28 Dec Oil Trades Near 17-Month High Before Planned OPEC Supply Cuts Oil traded near the highest since July last year amid optimism OPEC and 11 other producing nations will cut output as promised, helping eliminate a global supply glut. Read more...
28 Dec Descartes Acquires Trade Data Firm Logistics software provider Descartes Systems Group said it has acquired Datamyne, a provider of trade data research tools. Terms were not disclosed. Read more...