The Georgia Central Railway has upgraded its entire 211-mile line between Macon and Savannah to handle 286,000-pound rail cars, the short line announced today. The upgrade was necessary to match the capacity of connecting national railroads and increase the short line’s competitiveness, Georgia Central officials said in a press release.
Archive for October 10th, 2019
Procter & Gamble Co. is breathing new life into the iconic Gleem brand name through a new battery-powered toothbrush, which P&G is touting as an affordable alternative to rechargeable electric toothbrushes. Launched in 1952, Gleem was among the best-selling toothpastes in the United States, reportedly more popular than P&G’s Crest. However, P&G now markets the […]
BMW (BMWG.DE) aims to double sales of large luxury cars next year from 2018 levels to help revive profit margins hit by investments in new technologies, Chief Financial Officer Nicolas Peter said on Thursday. BMW hopes to sell around 135,000 premium models such as the i8, 8-series, X7 and 7-series in 2020, up from around […]
September set an all-time record for Class 8 retail truck sales, according to FTR. U.S. Class 8 retail sales totaled 28,200 units, up 4% from the previous record in December 2006. Sales were up 20% from August, and 20% year-over-year.
The International Federation of Freight Forwarders Associations (FIATA) has released a best practices paper to address corruption and bribery in freight forwarding. The paper, produced by FIATA’s Advisory Body Legal Matters says that the Corruption Perceptions Index 2018 (Transparent International) showed that more than two-thirds of the 180 countries assessed scored below 50.
In an effort to determine how the trade war, and in particular how price increases, will impact spending habits approaching the holiday seas, JDA software surveyed over 1,000 U.S. consumers. The survey uncovered the following five consumer perceptions and forward-looking plans in response to the ongoing tariffs:
The number of job openings nationwide fell in August for the third straight month and hit a one-and-a-half-year low, coinciding with a decline in hiring that’s taken place against the backdrop of a slowing U.S. economy. Job openings slipped to 7.05 million in August from 7.17 million in the prior month.
The U.S. trade deficit widened more than expected in August thanks in part to a record level of imports of consumer goods and as a fresh round of tariffs loom against China and the European Union. The imbalance stood at $54.9 billion at the end of the month, more than the $54.5 billion projected by […]
Walmart is adding kidney transplants to the list of specialized medical procedures it will cover for its workers under its now 22-year-old Centers of Excellence Program for organ transplantation. The world’s largest retailer in 1997 began its Centers of Excellence program as a way to get organ transplants to workers in need. In a conference […]
Kaiser Permanente on Wednesday said it will invest $2.75 million to research how to help prevent and mitigate the health effects of adverse childhood experiences. The funding will go toward an initiative to identify clinical and community-based interventions that can be used to address childhood trauma. Studies have indicated those adverse events can lead to […]