06 Jul Covenant Transport Services Acquires Landair Holdings Covenant Transport Services has acquired Landair Holdings Inc. of Greeneville, Tenn., for $83 million in cash and the assumption of $15.5 million in debt. Read more...
06 Jul Amazon to Open 60,000 Square Foot Oklahoma Warehouse Additional permit applications filed this week show continued work to add an Amazon Delivery Center to the company’s growing Oklahoma City, Okla., presence. Read more...
06 Jul Big Freight Systems to Merge With Kelsey Trail Trucking Winnipeg, Manitoba-based Big Freight Systems, a division of Daseke Inc., on July 5 announced it is merging with Kelsey Trail Trucking, which has locations in Saskatoon, Saskatchewan, and Innisfil, Ontario. Read more...
06 Jul Trade Deficit Narrows to Smallest Since 2016 on Soybean Exports The U.S. trade deficit narrowed in May to its smallest since October 2016 on a jump in exports of soybeans and aircraft amid the threat of retaliatory tariffs. Read more...
06 Jul US Payrolls Rise 213,000; Wage Gains Slow, Unemployment Up U.S. hiring topped forecasts in June while unemployment rose from an 18-year low and wage gains unexpectedly slowed, indicating the labor market has room to keep expanding. Read more...
06 Jul Smart Ports: When AI Takes Over Shipping Artificial intelligence and machine learning for both automated container port management and trucks and ships is already in use or under development in a few key ways. Read more...
05 Jul Editorial: Words of Caution on Tariffs President Donald Trump has said that something needs to be done to even what he views as a global trade imbalance between the United States and other countries. And that “something” is steep tariffs on steel and aluminum, goods made in China and cars imported from Europe and Asia. Even Canada, America’s largest trade partner, has become a target of Trump’s tariff threats. Read more...
05 Jul Trump’s Tariffs Aren’t Helping President Donald Trump has said that something needs to be done to even what he views as a global trade imbalance between the United States and other countries. And that “something” is steep tariffs on steel and aluminum, goods made in China and cars imported from Europe and Asia. Even Canada, America’s largest trade partner, has become a target of Trump’s tariff threats. Read more...
05 Jul EPA Chief Scott Pruitt Resigns Scott Pruitt has resigned as administrator of the Environmental Protection Agency after a deluge of damaging revelations about his spending, travel and a condo rental that prompted Republican lawmakers to distance themselves and question his continued effectiveness. Read more...
05 Jul Union Touts Tentative UPS Deal Negotiations were scheduled to resume between UPS Inc. and the International Brotherhood of Teamsters after they reached a tentative five-year labor agreement last month covering 250,000 drivers, loaders, package sorters, dockworkers and operations team members. Read more...