Markets

There were only ever two good reasons for Amazon to build a headquarters in greater New York City.

The largest Canadian freight brokerage purchased a 3PL concentrated in the Southeastern United States.

Retail sales tumbled by the largest amount in over nine years in December 2018, providing a disappointing end to what was otherwise a strong year for the retail sector. The 2018 holiday season ended up well below expectations, and introduces some fresh concerns about the strength of the economy going forward.

While polls show that more than two-thirds of New Yorkers support the plan, politicians at the state and local level poisoned the relationship, the company suggested.

ODFL spends money on aggressive capex building out its network of service centers and maintaining a low tractor-to-trailer ratio, as well as, increasingly, share buybacks.

Private equity has become the major player in financing the growth of transportation and logistics companies, and venture capital inflows have also accelerated dramatically.

Stifel’s head of equity strategy thinks the stock market will be weak for the next decade and that the federal government will default on debt unless it can force access into Chinese markets.

The twin goals are to address rampant oversupply and pave the way for immediate adoption of interstate commerce once marijuana becomes legal at the federal level.

Railroads - like trucking - will be focusing on solving the Highway Trust Fund problem this year. But could a Green New Deal become a competitive selling point?

Some $726 billion in annual spend on U.S. surface transportation faces daily price swings, but futures aim to mitigate the volatility.

Trucking was highly regulated by the ICC. Read about life under the ICC - and after deregulation!

Fleets participating in the TCA Profitability Program (TPP) gain access to benchmarking data that can help them improve operations.

Marten Transport and other public truckload companies could make a good stock investment if historical trends hold, says an analyst from Stephens.

Supply chain investments are helping retailers meet the inventory challenges of a growing market, the National Retail Federation (NRF) reported today in its 2019 retail sales forecast.

Saudi energy minister Khalid al-Falih announced on January 26 that the country is raising $426 billion in private sector investments, which will include roughly $36 billion for logistics infrastructure according to Reuters.

Upheaval caused by the U.S.-China trade war has some freight interests uneasy about giving Trump more tariff power.

New orders bounce significantly, raw materials prices fall.

The U.S economy added over 300,000 jobs in January, marking the best monthly performance in nearly a year. Transportation and logistics employment continued to increase at an impressive pace, led by healthy gains in warehousing, parcel and trucking jobs.

The monthly economic roundup is a summary of recent event in the economy and a guide for key trends worth monitoring over the next month.

Americans have become used to buying fruit and vegetables year-round. But it wasn’t always that way, and improved transportation is the key to year-round produce.

China has problems that go well beyond U.S. tariffs.

Apple’s manufacturing partner Foxconn Technology Group, which assembles Apple’s iPhone product in China, announced on Saturday that it has raised over $213 million for what it described as a “mega-development” in India.

Investors may be starting to come around to the idea that truckload carriers have another year of strong margins ahead of them.

New truck and trailer purchases currently include a 12 percent federal excise tax, adding tens of thousands of dollars to the purchase price. A new coalition is looking to lobby for the repeal of the tax.

Profitability will lag in high growth markets like Brazil and India, but aftersales services in NAFTA and the EU will drive profitability growth.

Despite the temporary end to the government shutdown announced late Friday, the U.S. Census Bureau failed today to release its report on manufacturers’ durable goods shipments, inventories, and orders for the month of December 2018.

As a slew of regulatory and tech changes hit the trucking and freight industries, the businesses that succeed will be the ones that are open to innovation — and surveillance.

Is 60 degrees hot or cold? Is the freight market hot or cold? The answers to both questions depend on perspective.

The Interstate Commerce Commission (ICC) regulated - and some say strangled - the U.S. railroad and trucking industries for decades. This article reviews the history of the ICC - why it was created and why it was killed.

Port’s growing base of automotive and other shippers needs better way to move freight as traffic woes mean Charleston is ‘not as quaint.‘