News
Link Logistics sees rent renewals jump in Q2
Last-mile logistics real estate operator Link Logistics said Monday fundamentals continued to stay strong across its portfolio during the second quarter. The company signed 418 leases in the period representing 13.3 million…
FedEx Pilots Reject Proposed Multiyear Contract
Union pilots who fly for FedEx announced on July 24 the rejection of a proposed multiyear contract from the company, with 57% of members voting against the deal.
1-week move in benchmark diesel price part of broad market increase
The increase posted Monday in the benchmark diesel price used for most fuel surcharges could be seen as historic. By one measure, it isn’t a big deal. The 9.9-cent increase in the Department of Energy/Energy Information…
Hefty Jump of 9.9¢ Pushes Diesel Price to $3.905 a Gallon
After a week of no fluctuation, diesel prices shot up a national average of 9.9 cents to hit $3.905 a gallon, according to Energy Information Administration data released July 24.
Rural States, Groups Tell EPA of Emissions Proposal Concerns
Stakeholders are expressing concerns about the costs associated with a proposal aimed at expanding use of electric vehicles and curtailing the prevalence of internal combustion engines.
Trans-Pacific shipping rates rise as carriers make capacity cuts
Shipping lines finally seem to be making some headway in managing vessel capacity in the Asia-U.S. trades. Spot rates have been on the rise for three straight weeks, rebounding to levels last seen in early 2023 and late 2022,…
Want to Eat Like Barbie? Get Some Beets.
Barbeet. Shuttersock/Mattel, Inc. Pink food is everywhere because of Barbie — and because of the humble beetroot It’s important to remember that in Greta Gerwig’s Barbie, Barbie doesn’t eat. When in Barbieland, she holds…
Lower Costs Help Boost Sales and Profits in Q2: NABE Business Conditions Survey
Businesses are seeing continued sales growth, and most are confident that we won’t experience a recession in the U.S., according to the latest Business Conditions Survey from the National Association for Business Economics…
Teamsters Halt Yellow Strike Plan After Benefits Extended
An agreement between the Teamsters and Central States Funds averts, for now, a strike that could have begun as soon as July 24 against Yellow Corp.
Companies That Ship With UPS Develop Contingencies
Some large retailers and other companies across the country are warning customers of potential delivery delays if there is a UPS strike.
