Logistics
Business, Logistics

CenterPoint Properties Purchases 14-Acre Distribution Center in New Jersey

CenterPoint Properties announced it purchased a 14-acre distribution center in northern New Jersey that is fully leased to a large delivery company serving North America.

Transport Topics
October 20, 2017
Business, Logistics

Bibby Transportation Finance Turns to AI to Improve Freight Factoring Service to Truckers

Bibby Transporation Financial BibbyFinancial via YouTube

Bibby Transportation Finance is turning to automation and artificial intelligence to speed up the process to pay truck drivers and fleets who factor their invoices to get cash up front.

Transport Topics
October 20, 2017
Government, Business, Safety, Logistics

Universal Logistics Strong 3Q Forecast Dashed

Universal Logistics truck Universal Logistics Holdings Inc.

Two weeks after Universal Logistics Holdings offered a bright outlook for its third-quarter earnings report, the company reversed course Oct. 19, telling investors that a jury verdict will knock it back once again.

Ari Ashe | Staff Reporter
October 20, 2017
Government, Logistics

Freight Firms Report Progress in Puerto Rico

Crowley Barge Crowley Maritime Corp.

The distribution of essential supplies and recovery kits is occurring in higher volumes, helping to improve conditions in Puerto Rico, according to two freight firms with operations in the U.S. territory.

Eugene Mulero | Staff Reporter
October 18, 2017
Government, Business, Equipment, Logistics

How Trump Getting His Way on NAFTA Would Reshape the Auto Sector

A robot moves a Ford Motor Co. F150 truck on the production line at the company's Dearborn Truck Assembly facility in Dearborn, Mich. Jeff Kowalsky/Bloomberg News

Mexico, Canada and the U.S. are at loggerheads after the latest round of NAFTA negotiations, with America’s neighbors rejecting hard-line proposals by the Trump administration that risk throwing automotive trade on the continent into disarray.

David Welch and Ryan Beene | Bloomberg News
October 18, 2017
Government, Business, Logistics

NAFTA Deadlock Dashes Hopes for a Quick Deal

Ildefonso Guajardo Villarreal, Mexico's secretary of economy, from left, Chrystia Freeland, Canada's minister of foreign affairs, and Bob Lighthizer, U.S. trade representative, arrive for a meeting during third round negotiations of NAFTA. David Kawai/Bloomberg News

NAFTA talks are switching gears and slowing down as key obstacles emerge, with Canada and Mexico rejecting what they see as hard-line U.S. proposals and negotiators exchanging their strongest public barbs yet.

Eric Martin Josh Wingrove and Andrew Mayeda | Bloomberg News
October 18, 2017
Business, Logistics

SoCal Port Turn Times Improve Six Minutes in September

Port of Los Angeles Port of Los Angeles via YouTube

Truck drivers took six fewer minutes to enter and exit the two large Southern California ports last month compared with September 2016, although one year ago, Hanjin Shipping rattled the supply chain when it abruptly shut its doors Aug. 31.

Ari Ashe | Staff Reporter
October 18, 2017
Government, Business, Logistics

Mexico and Canada Reject US NAFTA Demands

Justin Trudeau, Canada's prime minister, left, and Enrique Pena Nieto, Mexico's president, pose for a photograph during a news conference at the the Palacio Nacional in Mexico City, Mexico, on Thursday, Oct. 12, 2017. Brett Gundlock/Bloomberg News

The ministers leading NAFTA negotiations ended the latest round of high-level talks saying they’re extending discussions into the first quarter of 2018 to resolve differences after Canada and Mexico rejected what they see as hardline U.S. proposals.

Josh Wingrove Andrew Mayeda and Eric Martin | Bloomberg News
October 17, 2017
Business, Technology, Equipment, Logistics, TCA

Anheuser-Busch Taps Seattle Trucking Startup Convoy to Transport Beer

Convoy

Anheuser-Busch has signed a multi-year partnership with Seattle-based trucking startup Convoy to transport beer.

Lisa Brown | St. Louis Post-Dispatch
October 17, 2017
Government, Business, Logistics, TCA

Commercial Processing at Tornillo US-Mexico Port of Entry Suspended for ‘Lack of Demand’

Former Secretary of Homeland Security Jeh Johnson and Former Secretary of Commerce Penny Pritzker walk across the Tornillo-Guadalupe Port of Entry and International Bridge Feb. 4, 2016. Photo by Jetta Disco, U.S. Department of Homeland Security.

In the years leading up to the construction of an about $133 million port of entry in Tornillo, Texas, county leaders talked about the need for a bridge that would alleviate commercial traffic at other border crossings in El Paso.

Aileen B. Flores | El Paso (Texas) Times
October 17, 2017

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