Amtrak CEO pleads with Congress for billions in Covid-19 aid
Amtrak’s chief executive pleaded with House lawmakers Wednesday to approve $2.84 billion in additional funding for the national railway system as Congress and the White…
Amazon’s Beaumont fulfillment center is now open for business
Amazon.com, Inc. announced that its new fulfillment center in Beaumont, California is officially open for business. Amazon welcomed new employees inside the more than 640,000…
Rail Traffic for the Week Ending September 5, 2020
For this week, total U.S. weekly rail traffic was 509,637 carloads and intermodal units, up 8.6 percent compared with the same week last year.
Graves & Crawford statements from hearing on Amtrak’s COVID-19 Response
Opening remarks, as prepared, of Committee on Transportation and Infrastructure Ranking Member Sam Graves (R-MO) and Subcommittee on Railroads, Pipelines, and Hazardous Materials Ranking Member…
DHL invests millions in distribution center, automation and looks to fill 900 jobs
DHL eCommerce Solutions, a division of the world’s leading logistics company Deutsche Post DHL Group, plans to invest approximately $30 million in 2020 to expand…
U.S. Imports spike as economy continues recovery and retailers stock up for holidays
Imports surged to unexpected high levels this summer and may have hit a new record as the U.S. economy continues to reopen and retailers stock…
COMSAT expands hardware footprint with new Orbit Communications Systems agreement
COMSAT, the global satellite connectivity solutions provider and member of the Satcom Direct family, is further expanding its international terminal, hardware and service footprint following…
OOCL announced Intra-Asia Trade CIX3 service enhancement
OOCL announced a service enhancement on an Indian Subcontinent product, namely the China India Express 3 (CIX3), so as to provide more competitive and comprehensive…
Mid-July airline employment up 7,000 from mid-June
U.S. airlines employed 706,824 workers in the middle of July 2020, 7,101 more than in mid-June 2020 and 46,461 fewer than in March 2020. The…
Oil bounces back with boost from rising equities and technicals
Oil rebounded as broader markets clawed back some losses from Tuesday’s swift selloff.
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