13 Feb Coronavirus Is Wreaking Havoc on Global Mail Delivery In a world dominated by email and smartphones, the shipping industry still relies heavily on paper documents delivered by courier. With people unable or unwilling to travel to China because of the coronavirus, that dependence is wreaking havoc on commodities traders. Read more...
13 Feb Energy Agency: Virus to Cause First Oil Demand Decline in Decade The International Energy Agency expects demand for oil to fall in the first quarter as a result of the virus outbreak that emanated in China. Any fall would represent the first quarterly decline in a decade. Read more...
13 Feb Eric Boyette Appointed Chief of North Carolina DOT Eric Boyette will serve as the next secretary of the North Carolina Department of Transportation, Gov. Roy Cooper announced. Read more...
12 Feb CEOs, Lawmakers Sound Alarm on Canadian Rail Protests Escalating protests against a Canadian natural gas pipeline are putting shipments of grain, propane, lumber and consumer goods in jeopardy and prompting consternation among executives and lawmakers. Read more...
12 Feb Amazon Pays $50M for Former Old Chicago Amusement Park, Mall Online retail giant Amazon .com Inc. has paid more than $50 million for the former site of Old Chicago, an indoor amusement park and mall in Bolingbrook that predated massive experiential shopping centers like Minnesota’s Mall of America. Read more...
12 Feb Amazon Pays $50 Million for Former Old Chicago Amusement Park, Mall Online retail giant Amazon .com Inc. has paid more than $50 million for the former site of Old Chicago, an indoor amusement park and mall in Bolingbrook that predated massive experiential shopping centers like Minnesota’s Mall of America. Read more...
12 Feb Wabash Reports Mixed Q4 Results, Record 2019 Revenue Trailer maker Wabash National Corp. reported higher fourth-quarter net income and lower revenue, although full-year revenue set a record. Read more...
12 Feb FMCSA Final Rule Calls for Reduced Commercial Vehicle Registration Fees The Federal Motor Carrier Safety Administration has issued a final rule that continues to reduce commercial vehicle registration fees in 2020 and 2021, the agency announced Feb. 12. Read more...
12 Feb Class 8 Sales Fall 22.5% in January Class 8 U.S. retail sales in January dropped below 16,000 for the first time since January 2018, WardsAuto .com reported Feb. 12. Read more...
12 Feb Trump to Meet With Cuomo Over New York Trusted Traveler Ban President Donald Trump will meet with New York Gov. Andrew Cuomo to discuss a potential compromise on the administration’s ban on state residents using programs that allow travelers to breeze through airport passport and customs checks. Read more...