On Monday, 29th of November, state and federal officials started ground on a $466 million project to enlarge the Howard Street Tunnel to handle double-stacked container trains to and from the Baltimore Port. The Baltimore project had been considered for years, with CSX (NASDAQ: CSX) on the verge of abandoning...
Retail stocks are high in advance of the holidays, but the replenishment cycle is still long
Consumers spent at a healthy pace during retail's fiscal third quarter, which ran through the end of October, despite declining stimulus and additional jobless benefits, as well as a peaking delta variation. When compared to the year-ago quarter, the most noticeable takeaway from the time may be the amount of...
According to the TIA poll, 3PL revenue increased by more than 10% quarter over quarter
Whether compared to the second quarter of this year or the corresponding period of 2020, the Transportation Intermediaries Association's third-quarter report offers a picture of a 3PL industry that had a robust three months. Total shipments for the TIA participants examined increased 6.8% in the third quarter compared to the...