23 Sep IHS Markit Services Employment Gauge Dips Into Contraction A gauge of employment in U.S. service industries pointed to job losses for the first time in almost a decade, adding to signs of a cooling labor market. Read more...
23 Sep Trade Feud May Impact Parcels From China White House trade adviser Peter Navarro the week of Sept. 23 will lead a delegation to Geneva to try to reform the 145-year-old global system of coordinating postal policies, a method he says treats American companies unfairly. Read more...
23 Sep Hyundai to Set Up $4 Billion Driverless Car Venture Hyundai Motor Group will spend $1.6 billion to develop autonomous vehicles with Aptiv Plc, marking one of the biggest investments yet by a traditional carmaker into the burgeoning robocar industry. Read more...
23 Sep Navistar to Build Truck Plant in Texas Navistar Inc. announced it will build a manufacturing facility for Classes 6-8 trucks in San Antonio, signaling it is bullish on the industry’s strength and the company’s ability to increase its market share. Read more...
23 Sep CVG Acquires First Source Electronics Commercial Vehicle Group Inc. has acquired First Source Electronics, an electronics systems integrator based in Elkridge, Md. Read more...
23 Sep FedEx Will Hire 55,000 for Holiday Season FedEx Corp. will hire 55,000 additional workers for the holiday season, the parcel delivery company announced Sept. 20. Read more...
20 Sep United Road Unveils Load-Matching Application Vehicle-hauler United Road Services Inc. launched an app designed to help its third-party carriers find and book vehicle loads 24 hours a day, the Romulus, Mich., company announced Sept. 19. Read more...
20 Sep American West Acquires Sun Delivery in Furniture-Hauling Consolidation American West Worldwide Express Inc. announced Sept. 18 it will acquire Sun Delivery. The deal will close Oct. 1, but terms were not disclosed. Read more...
20 Sep Ritchie Bros. Offers PriorityBid Auctioneer Ritchie Bros. announced PriorityBid, a feature that enables buyers to make proxy bids online for items in its live auctions up to a week before the sale. Read more...
20 Sep Walgreens, Google Affiliate Wing to Launch Drone Delivery Test Walgreens and a Google affiliate are testing drone deliveries that can put drugstore products on customer doorsteps minutes after being ordered. Read more...