On its first day of public trading, Canada’s Lion Electric Co. made good on a pledge to expand manufacturing in the U.S., investing $70 million to convert a partially finished warehouse in Joliet, Illinois, into a plant to build electric…
Amazon.com Inc. (NASDAQ:AMZN) will open its first fulfillment center in Savannah, Georgia, Gov. Brian Kemp said late Friday afternoon. The 640,000-square-foot facility, which is scheduled to open next year, will contain Amazon’s robotics technology and create 1,000 full-time jobs, according…
Everything’s connected in ocean shipping. Very high demand for ships in one segment can affect supply-demand fundamentals for entirely different vessel types. It’s happening now. Container shipping is so strong that reverberations are being felt in dry bulk. Spillover effects…
The Stockout is sponsored by Echo Global Logistics. Trust the experts at Echo Global Logistics for all your freight transportation and CPG shipping needs. Whether you are a Fortune 100 CPG company or a specialty food manufacturer, Echo has solutions…
Nikola Corp. (NASDAQ: NKLA) is showing its battery-electric Class 8 Tre prototype to fleets, seeking launch customers who want more than one or two trucks to test. The Phoenix-based startup is sticking with its estimate of delivering 50 to 100…
A former Federal Railroad Administration (FRA) inspector in Texas has been charged with lying on official documents related to the transportation of hazardous materials. Tremelle Sykes, 54, was indicted on eight counts of false statements, according to a Friday announcement…
This episode is brought to you by Legend Transportation, which has been establishing partnerships through outstanding customer service since 2007. Learn more at newlegendinc.com On today’s episode, Dooner and The Dude are talking about what it takes for logistics providers to…
Port of New York and New Jersey Exported empty containers at the Port of New York and New Jersey in March leapt 77.5% year-over-year. Amounting to 267,542 twenty-foot equivalent units (TEUs), the exported empties reflect “the need to reposition empty…
Aaron Terrazas of Convoy put a succinct headline on his commentary about the latest employment numbers in the trucking sector: “Where did all the drivers go?” Terrazas, director of economic research at Convoy, was reacting to the monthly report that…
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