Transport Topics
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General Logistics Systems, a division of Royal Mail in the United Kingdom and a major parcel carrier in Europe as well as regional operator in the United States, is buying the Canadian operations of Montreal-based Dicom Transportation Group for C$360 million from Wind Point Partners.
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U.S. retail sales rose by less than forecast in August after an upwardly revised July gain as purchases of automobiles and clothing fell, suggesting households took a breather from spending.
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Members of the U.S. Maritime Alliance said they have ratified a new six-year contract with the International Longshoremen’s Association, the largest union of maritime workers in North America.
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WILMINGTON, N.C. — Hurricane Florence lumbered ashore in North Carolina with howling 90 mph winds and terrifying storm surge Sept. 14, splintering buildings and trapping hundreds of people in high water as it settled in for what could be a long and extraordinarily destructive drenching.
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