01 Feb DHL Announces Medical Express Service Between US, Brazil DHL Express has launched its medical express service between Brazil and the United States. The route will serve several major cities in Brazil and deliver temperature-sensitive biological products and new patient-specific treatments to most U.S. destinations in 24 to 48 hours, according to a Jan. 30 press release. Read more...
01 Feb XPO Logistics to Close Maryland Warehouse XPO Logistics will close its 571,000 square-foot warehouse on Harford County’s Perryman peninsula in Maryland by the end of March, a company spokesperson confirmed Jan. 29. Read more...
01 Feb Amazon, Walmart Reel as India Curbs Plunge Market Into Chaos Amazon.com’s and Walmart Inc.’s grand plans for India were thrown into chaos Feb. 1 after the country implemented new e-commerce regulations, which could cut their growth in the market by as much as half this year. Read more...
01 Feb Mack Trucks Looks to Maintain Momentum in 2019 For Mack Trucks, 2018 was a good year. While the company’s market share declined slightly, Mack had its best year of production since 2015 and orders flew in at a double-digit clip, keeping the manufacturer’s Lower Macungie Township plant busy as it tried to keep up with demand. Read more...
01 Feb Lithium-Rich Chile Seeks to Become Major Player in Battery Sector The country holding the world’s largest reserves of lithium says it is one step closer to becoming a manufacturing hub for rechargeable batteries used in electric vehicles. Read more...
01 Feb Truck Drivers on the Lookout for Spotted Lanternfly A troublesome tiny Asian visitor known as the spotted lanternfly is hopping from fruit trees onto trucks and railcars throughout the southeastern corner of Pennsylvania, threatening to ruin billions of dollars of agricultural commodities in the state and elsewhere. Read more...
01 Feb Eaton Reports Mixed 4Q, Full-Year Earnings Power management company Eaton Corp. reported increased revenue for the fourth quarter and full-year periods, while net income declined in both. Read more...
01 Feb Fiat Chrysler Sales Miss Estimates Fiat Chrysler Automobiles NV reported a smaller U.S. deliveries gain than expected, as frosty temperatures across much of the country dragged on demand even for the hot-selling Jeep SUV brand. Read more...
01 Feb Walmart Revamps Employee Sick-Leave Policy Walmart Inc. is making sweeping changes to its employment policies this month, granting paid sick leave to hourly workers in the United States, and, at the same time, possibly making it easier to fire those who miss too many shifts. Read more...