Transport Topics
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Amazon.com Inc.’s role in the shuttering of New England Motor Freight and the “body blow” dealt to XPO Logistics Inc. is raising alarms for trucking and logistics firms that do business with, or compete against, the popular online retailer.
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Procter & Gamble Co., the maker of Bounty paper towels, Crest toothpaste and Pampers diapers, says the cost of trucking its goods is still on the rise. Whether that leads to more price increases for U.S. consumers on top of last year’s remains to be seen.
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Warehouse operator Americold completed its first year as a public company by reporting solid gains in revenue and higher operating profits in the fourth quarter of 2018.
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A viable remedy to one of trucking’s most vexing problems is at the industry’s fingertips, but current federal law stands in the way. The problem, if you haven’t guessed, is the driver shortage. The remedy, if you haven’t guessed, is bringing younger drivers into the fold.
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