Trucking employment drops 5,500 in April, railroad jobs drop 800; Nestle pays Starbucks $7B+ to sell its products worldwide; Romaine lettuce E. coli still a mystery; China steps up quarantines of US food imports.
Amazon announced Tuesday it has joined with General Motors and Volvo Cars to start offering in-car deliveries, giving its couriers access to potentially millions of vehicles in 37 U.S. markets.
Mnuchin is running a full court press to make Chinese tariffs, aluminum sanctions, and NAFTA renegotiation the least disruptive as possible.
Trump and China cool off which should allow the economy and subsequently the transportation industry some respite. China creepily leading the pack on AI.
Trade war fears have caused increased volatility in stock markets over the past month. However, worries over a deep recession caused by protectionism appear overblown for now. The challenge for transportation companies will be less about a collapse in activity and more about adjusting to the new reality.
JD Logistics, the delivery arm of Chinese e-commerce giant JD.com, uses electric bikes as just one last-mile delivery solution. The delivery drivers pick up goods as local “delivery stations” for final delivery.
The US appears set to impose significant tariffs on China, raising the threat that the economy may find itself in a full-fledged trade war
Amsterdam-based TMA Logistics has officially unveiled its investment in the New Silk Road Initiative.
Health company higi is opening up resources at its 11,000 self-screening health stations to truck drivers who are members of Rolling Strong for free biometric testing.
Vietnam is the fastest growing supplier of electronics and apparel to the United States, and a fresh wave of foreign investment has the country poised to realize gains in worker productivity.
As the Trump administration makes public its intent to look at using tariffs to address what it believes are inequities in global trade markets, it set the stock market into a tailspin for good reason. We decided to lay out a basic primer and history lesson on tariffs.
E-commerce giant JD.com is expanding their reach and efficiency.
China’s ambitious Belt and Road Initiative (BRI) is slated to head north to the Arctic, Reuters reported. Global warming has opened up new shipping lanes that China plans to exploit.
JD.com, China’s largest retailer and one of Asia’s largest internet companies, joins BiTA
China-based, state-owned shipping behemoth China Ocean Shipping Company (COSCO) has acquired a 49% stake in a landlocked port under construction in Kazakhstan, the New York Times reports.
The American auto industry’s shift to electric vehicles over the next five years may represent an opportunity for Chinese EV makers to capture market share. Several companies have announced plans to expand into the U.S., which might represent a threat to Tesla.
Even though hyperloop has not yet been officially launched in mainstream transportation systems in the United States, it has piqued the interest of the Chinese government enough to consider a 16-man passenger pod system using the Maglev technology.
China’s $3B copper mining deal in Afghanistan, the largest foreign investment in the country’s history, is going nowhere. 10 years into a 30 year lease, supply chain problems are keeping any copper from being extracted at all.
The Chinese government is investing in the country of Georgia in a plan to potentially turn the country into a major export hub for Chinese goods.
Concerns are arising in the EU about the West’s waning influence in Eastern Europe as rampant Chinese investment increases, including the $1 trillion One Belt, One Road project to streamline trade.
