13 Dec Sunniva Acquires LTYR Logistics Sunniva Inc. has acquired LTYR Logistics, a California-based cannabis distribution company headquartered in San Diego, according to a Sunniva news release. Read more...
13 Dec Lawmakers Pitch Infrastructure Proposals Before Next Congress Sensing the impetus for considering a long-term infrastructure funding bill when the new Congress convenes in less than a month, key House and Senate policymakers have started to outline proposals for what would be a massive piece of legislation. Read more...
13 Dec Blue Collar Worker Shortage Reshapes Labor Market A surprise shortage of blue collar workers is changing the contours of the U.S. labor market, boosting their pay, narrowing wage inequality and drawing more women into those jobs. Read more...
13 Dec China Agrees to Resume Purchasing US Soybeans China resumed buying U.S. soybeans, bringing some relief to farmers in President Donald Trump’s heartland as President Xi Jinping works toward a trade deal with his American counterpart. Read more...
13 Dec Blackstone, KKR Said to Pursue $1 Billion Container Terminal Cosco Shipping Holdings Co.’s sale of a container terminal in Long Beach, Calif., has drawn interest from potential buyers, including Blackstone Group LP and KKR & Co., people familiar with the matter said. Read more...
13 Dec Class 8 Truck Sales Rise 21.8% in November U.S. retail sales of Class 8 trucks in November were 21,302, up 21.8% compared with a year earlier, WardsAuto.com reported. Read more...
13 Dec Jobless Claims Fall to 12-Week Low Amid Tight Labor Market U.S. filings for unemployment benefits fell last week to the lowest since September, returning to hover near an almost five-decade low and signaling the labor market remains tight after what some economists saw as possible cooling signs. Read more...
13 Dec UPS Purchases $18.3 Million in Property in Massachusetts United Parcel Service has purchased properties in Shrewsbury, Mass., and Grafton, Mass., for $18.3 million as it considers whether to build a $200 million distribution facility in the area. Read more...
13 Dec Holiday Shipping Deadlines for Amazon, USPS, UPS, FedEx Procrastinators take note: The deadline is fast approaching to get those gifts in the mail to arrive by Christmas Eve. Read more...
13 Dec Volvo’s Voorhoeve Sees Strong 2019 Truck Market WASHINGTON — Peter Voorhoeve, the new president of Volvo Trucks North America, predicted another banner year for the truck market in 2019 and voiced a desire to promote more respect for the truck driving profession. Read more...