France's GT Solutions joins Blockchain in Transport Alliance

France's GT Solutions joins Blockchain in Transport Alliance

GT Solutions, a transportation solutions provider based in France, is the latest member of the Blockchain in Transport Alliance (BiTA). BiTA is developing blockchain standards for the global transportation/logistics marketplace.

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Trucking rates fall, led by declines in long-distance truckload rates

Trucking rates fall, led by declines in long-distance truckload rates

Data on producer prices shows that overall inflation pressure eased further in February, as a gain in goods prices was restrained by the service sector. Industry detail showed that overall trucking rates declined in February, led by the largest decline in long-distance truckload rates in four years.

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The Chinese quotient behind the financing of the world's longest undersea tunnel

The Chinese quotient behind the financing of the world's longest undersea tunnel

The FinEst Bay Area has secured a $17 billion financing for the world’s longest undersea tunnel between Finland and Estonia from a large Chinese private equity firm. This is yet another example of the Chinese interest in European infrastructure, a possible extension to their grand OBOR initiative.

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Job growth tumbled to lowest point on over a year, but trucking hires push on

Job growth tumbled to lowest point on over a year, but trucking hires push on

Job growth fell well short of expectations in February, as the economy added the fewest workers to payrolls since 2017. Hiring slumped in several industries during the month, but trucking employment increased for the ninth consecutive month.

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Flashback Friday Extra - Daylight Saving Time

Flashback Friday Extra - Daylight Saving Time

It is time to spring forward into Daylight Saving Time. Read about the controversies caused by both Daylight Saving Time and Standard Time in this Flashback Friday Extra!

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U.S. and China near deal, but it may not solve global trade problems

U.S. and China near deal, but it may not solve global trade problems

Talks between the U.S. and China have made significant progress over the last several weeks, and the two sides appear to be closer to a deal than at any time over the past several months. However, while the restoration of positive trade relations will help the trade outlook, other factors are likely to keep trade growth subdued going forward.

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