FedEx rides twin macro tailwinds to blowout quarter Industry News FedEx rides twin macro tailwinds to blowout quarter EPS numbers nearly double analysts’ median estimates.Stephanie L. BondSeptember 15, 2020
Truck drivers navigate the world’s worst air quality Industry News Truck drivers navigate the world’s worst air quality A thick curtain of smoke hangs over Oregon, causing health and delivery problems for drivers.Stephanie L. BondSeptember 15, 2020
Conversion of retail space to logistics use ‘will be small’ – Prologis Industry News Conversion of retail space to logistics use ‘will be small’ – Prologis Prologis’ research group views the potential conversion of underutilized brick-and-mortar retail space to logistics real…Stephanie L. BondSeptember 15, 2020
Port of LA secures record month with 961,833 TEUs Industry News Port of LA secures record month with 961,833 TEUs There were no balloons or cake when the Port of Los Angeles announced its record-breaking…Stephanie L. BondSeptember 15, 2020
Logistics shows mixed reaction to pending arrival of a slowed Sally; oil up significantly Industry News Logistics shows mixed reaction to pending arrival of a slowed Sally; oil up significantly With winds diminished, the storm is now seen as more of a rain event. Alabama's…Stephanie L. BondSeptember 15, 2020
House Republicans issue post-election infrastructure plan Industry News House Republicans issue post-election infrastructure plan Under-21 CDL program, ag-hauling flexibility included in Republican infrastructure agenda.Stephanie L. BondSeptember 15, 2020
‘Parcels are back!’ FedEx blows away fiscal first-quarter estimates Industry News ‘Parcels are back!’ FedEx blows away fiscal first-quarter estimates Shares soar after hours.Stephanie L. BondSeptember 15, 2020
Walmart settles $20 million sex bias lawsuit Industry News Walmart settles $20 million sex bias lawsuit A federal judge approved Walmart Inc.’s $20 million settlement of an EEOC lawsuit over its…Stephanie L. BondSeptember 15, 2020
On time. In full. Right now Industry News On time. In full. Right now Walmart pushes suppliers, carriers to get their inbound delivery act together.Stephanie L. BondSeptember 15, 2020
Short seller Hindenburg Research renews attack on Nikola (Update) Industry News Short seller Hindenburg Research renews attack on Nikola (Update) Short seller Hindenburg Research renewed its attack on Nikola after successfully beating down its shares.…Stephanie L. BondSeptember 15, 2020