News

Shortline holding company Watco is adding another railroad to its stable: Great Lakes Central, the operator of 420 miles of state-owned trackage in Michigan. Watco already knows the railroad well. It has been an equity…

France-based container shipping and logistic giant CMA CGM Group on Thursday announced it will invest $20 billion over four years in its U.S.-flag fleet, port terminals, an air cargo airline based in Chicago and warehouses in…

Costco slipped in late trading after the big-box retailer posted profit that missed Wall Street’s expectations. Retailers have taken a more cautious outlook in recent weeks.

The offer, a roughly 8% premium to Walgreens’ closing price March 6 in New York, will turn one of the oldest, most recognizable U.S. drugstore chains into a private company.

An estimated 10,000 new jobs would be created by the effort, President Donald Trump said at an event at the White House alongside CMA CGM CEO Rodolphe Saadé.

A massive wave of layoffs, closures and furloughs has hit workers and companies tied to the manufacturing, distribution and freight sectors in the U.S., Canada and Mexico.  Since Jan. 20, there have been 14,357 job cuts,…

Kenan Advantage Group (KAG) announced Thursday it has acquired dry bulk hauler Evergreen Transport. Mobile, Alabama-based Evergreen Transport specializes in the transportation of dry bulk commodities like ash, cement, lime…

A recent nationwide survey by Flock Safety and Zencity reveals a significant shift in consumer behavior due to escalating concerns over organized retail crime. Approximately one-third of consumers see crime at retail…

Congressional Republicans leaders in early March were focused on pursuing a short-term funding extension designed to avert a partial government shutdown this month.