News
Diesel Price Nudges Up 2¢ to $3.573 a Gallon
The U.S. average diesel price edged up 2 cents, reaching $3.573 per gallon, according to U.S. Energy Information Administration data released Oct. 28.
US Finalizes China Investment Restrictions on Key Tech
The rules, which come after more than a year of deliberation, ban some investments into those industries and require the U.S. government to be notified about others.
Moderation, Brand Loyalty Shape This Year’s Snack Trends: Mondelēz State of Snacking
Key Takeaways: Snacking remains a strong daily habit, with 88% of consumers snacking daily and maintaining their purchasing despite price increases. Health consciousness is rising but balanced with indulgence — consumers…
PepsiCo to Close Chicago Plant, Offer 60 Days’ Pay
PepsiCo said the decision was difficult, but it described the 60-year-old building as a facility with “physical limitations.” The company said it would pay workers for the next 60 days
As Helene keeps key roads closed, Trimble’s routing service makes adjustments
Significant closures caused by flooding from Hurricane Helene remain on interstates 26 and 40 on both sides of the North Carolina/Tennessee border, putting the onus on routing software that steers truckers clear of roadways…
Gulf Coast ports post sluggish cargo movements in September
Ports in Houston and Corpus Christi, Texas, posted modest gains in freight movements during September, while the Port of New Orleans saw mixed results in container and breakbulk shipments. Port Houston’s monthly container…
Dockworkers expand strike at Montreal port
Fresh off a one-day strike Sunday, unionized dockworkers at the Port of Montreal voted to hold another strike this week. The partial, unlimited strike by 1,200 longshore employees against two Tremont terminals is slated to…
International Motors Q3 Profit Almost Doubles as Sales Soar
Profits at International Motors almost doubled year on year in Q3 as the OEM cleared a delivery backlog caused by a Q2 fire at a mirror supplier, with truck sales jumping more than 40%.
Total Distribution Buys REO Processing & REO Logistics
Third-party logistics specialist Total Distribution Inc. is adding 10 facilities across West Virginia and Georgia through the acquisition of REO Processing & REO Logistics, it said in a release.
Fed Faces Trust Gap in Economic Management, New Data Show
The average level of trust in the Fed’s ability measured 3.2 on a scale of 1 to 7, with 7 representing the highest trust. The authors also found a political divide among respondents.
