XPO Logistics Inc. said it has closed its purchase of NLM, a Web-based freight auction site, from truckload carrier Landstar System Inc. XPO paid $87 million for the business, which it will rebrand as XPO NLM, it said in a Dec. 30 ...
Tags: XPO Logistics, NLM, Landstar System, close purchase
Royal DSM, the global Life Sciences and Materials Sciences company, announced that together with DONG Energy (Denmark) it has demonstrated the combined fermentation of C6 and C5 sugars from wheat straw on an industrial scale. The combined ...
Sprint majority owner SoftBank plans to buy a majority stake in T-Mobile through Sprint with the apparent intent to combine the two carriers, Japan's Nikkei newspaper reported. The plan would a merged entity on a better competitive ...
U.S. retail sales between Nov. 1 and Dec. 24 grew 3.5% over last year, helped by mall discounts and sales of jewelry and children's clothing, according to industry analysis firm MasterCard Advisors. The increase in purchases, combined ...
Tags: U.S.retail sales, industry analysis, MasterCard Advisors
Ryder System Inc.'s board said it has approved the repurchase of up to 2 million shares of its common stock. The truck leasing company said the buyback is to help offset the dilutive effect of shares issued under its employee compensation ...
Tags: Ryder System, repurchase
Canadian shippers paid carriers 0.8 percent more for ground transportation in October than they did in September, according to the Canadian General Freight Index (CGFI). "This is the third consecutive month of total cost increases," said ...
Tags: ground transportation, Canadian shippers, freight costs
November coal traffic on the Great Lakes totaled 2,675,065 short tons, down 4.1% from October and down 7.3% from a year ago, according to data from the Lake Carriers' Association. Year-to-date coal shipments on the lakes total 22.4 ...
Tags: coal shipments, Great Lakes Coal
China Mobile has held its Global Partners Conference in Guangzhou, which started on December 17 with the Main Forum on December 18. At the conference, China Mobile officially released its 4G business development plan and commercial main ...
Tags: China Mobile, 4G, iPhone
According to the data released by the Japan Ship Exporters' Association (JSEA), Japanese new ship export orders in November this year increased by 24.14 percent on tonnage basis compared to the previous month, amounting to 36 ships compared ...
Tags: shipbuilder
Navigator Holdings Ltd. ("Navigator") today announced that it has exercised its last remaining option to construct a 22,000 cubic meter gas carrier at Jiangnan Shipyard (Group) Co Ltd. ("Jiangnan") in China at the previously agreed ...
Tags: newbuilds, transportation
This may be remembered as the year smartphones became boring. Although high-definition displays on smartphones have gotten bigger and their cameras have gotten better, the pace of gee-whiz innovation has dawdled. Smartphone and software ...
You're not getting the best or the latest technology with Motorola's $179 Moto G smartphone. What you do get is a great price for something close. Motorola bills the Moto G as the phone for the rest of us—the ones who can't afford ...
Tags: Consumer Electronics, Electronics
Motorola will start selling a cheap smartphone in the U.S. more than a month ahead of schedule. The company says it was able to produce the Moto G phones faster than expected. The U.S. launch was initially planned for January. But it is ...
Tags: Smartphone, Motorola, Consumer Electronics
Potentially harmful staph bacteria can lurk deep inside the nose, a small new study finds. Researchers tested 12 healthy people and found that formerly overlooked sites deep within the nose may be reservoirs for Staphylococcus aureus, ...
Apple yesterday signed a deal with China Mobile which could see it offer the iPhone to over 760 million Chinese customers from January. The company already sells its phones in China through two other carriers in the country – China ...
Tags: Apple, China Mobile