05 Jan US Manufacturing Gauge Expands at Fastest Pace Since 2018 A measure of U.S. manufacturing expanded in December at the fastest pace in more than two years, bolstered by a pickup in new orders and the strongest growth in production since 2011. Read more...
05 Jan Amazon Makes First Aircraft Purchase to Expand Delivery Network Amazon .com Inc. is buying 11 used Boeing 767-300 planes, the first time the online retail giant has purchased, rather than leased, aircraft for its fast-growing air cargo operation. Read more...
05 Jan Lineage Logistics Acquires Refrigerated Rail Company Cryo-Trans Cold-storage specialist Lineage Logistics is branching into rail. Read more...
04 Jan Diesel Continues Upward Trend, Rises 0.5¢ to $2.640 The last days of 2020 and the first few of 2021 continued the same trend, with diesel prices rising nationwide. Read more...
04 Jan Pete Buttigieg Eyes ‘Big, Bold’ Infrastructure Plan, Chuck Schumer Says Advancing a “big, bold” infrastructure policy measure with an emphasis on climate change is a priority for President-elect Joe Biden’s choice to lead the U.S. Department of Transportation, said Senate Minority Leader Chuck Schumer. Read more...
04 Jan Pricier Vehicles Seen Driving Rebound in US Auto Market Demand for higher-priced vehicles from retail buyers at the end of 2020 helped lift U.S. auto sales out of a springtime slump and buffered the impact of a sharp drop in fleet sales to rental car companies. Read more...
04 Jan Crossword Puzzle Solution for January 4, 2021 Here's the solution to the crossword puzzle found in January 4, 2021 print edition. Read more...
04 Jan Manufacturers Rethink Supply Chains, Eye Reshoring After Events of 2020 A trade war with China and the disruptive effects of the COVID-19 pandemic have U.S. companies starting to question a decades-old strategy of shifting manufacturing operations to low-cost labor markets in China and other Asian nations. Read more...
04 Jan PSA, Fiat to Seal Merger After Winning Shareholder Approval Fiat Chrysler Automobiles NV and PSA Group will complete their combination later this month after shareholders signed off on a deal that endured two years of drama. Read more...
04 Jan XPO Finishes Acquisition of Kuehne + Nagel’s European Logistics XPO Logistics has completed its acquisition of the majority of Swiss firm Kuehne + Nagel’s European logistics, the company announced Jan. 4. Read more...