The package delivery company said Wednesday that FedEx Express, FedEx Ground, FedEx Services and other FedEx operating companies will be rolled into a single entity in a companywide reorganization designed to save $4 billion.
A bill letting beer wholesalers cash in on lucrative liquor-based drinks would “expand their monopolistic advantage” and hike prices for consumers, argues a leading wine and liquor organization.
In addition to adding more than 100 jobs at the center, the company has tapped China-based logistics tech firm Geek+ to provide automation and robotics for the facility.
Citing “changing market conditions,” the company said in a letter to the Indiana Department of Workforce Development dated Wednesday that the closure would be permanent.
Kuehne+Nagel Inc. said in a notice to the state that it will cease operations with Rockwell Automation when the contract between the companies terminates May 10.
U.S. railroads were warned to take certain cars out of service Thursday after Norfolk Southern discovered loose wheels on a car involved in last weekend’s derailment in Springfield, Ohio.
For years, Amazon has been in super growth mode. But now, some projects are facing delays, and some communities worry the projects might never materialize.
The company plans to retain 500 workers when its relocates from its existing distribution center on Pendleton Pike in Lawrence to the new facility under development in Indianapolis.
Indianapolis-based FitzMark LLC, a third-party logistics firm, has acquired a similar firm that specializes in refrigerated freight, marking its seventh acquisition in four years.
Challenges with the cash-strapped United States Postal Service sent many Americans to their wit’s end during the COVID-19 pandemic, especially in communities reliant on the mail for essential goods.
In an incentive contract with the Indiana Economic Development Corp., the logistics firm says it will create as many as 676 jobs at the facility by 2027.
The 160,000-square-foot facility was completed earlier this year. Novo Logistics said the warehouse will strengthen the company’s link between its existing hubs on the coasts.
The main factor behind the improvement has been diminished demand for manufactured goods. Spending on goods has fallen for three straight quarters, according to the Commerce Department.
SMC Corp. of America plans to expand its total workforce in Noblesville to 1,157 by 2032.
SMC Corp. of America, Noblesville’s largest private employer, said the new jobs would pay at least $59,000 annually.
The company said the decision is part of a move to discontinue its management and operation of a facility on the city’s west side.
Legislation to avert what could have been an economically ruinous freight rail strike won final approval in Congress on Thursday as lawmakers responded quickly to President Joe Biden’s call for federal intervention in a long-running labor dispute.
The bill lawmakers are considering would impose a compromise labor agreement that was voted down by four of the 12 unions representing more than 100,000 employees at large freight rail carriers.
The 15-year-old Indianapolis-based company founded by organic farmer Matt Ewer and nutritionist Beth Blessing said it would permanently close after this week’s deliveries.
The apparel company founded in China is pushing to get its ultra-low priced merchandise on doorsteps more quickly by opening more North American distribution centers, including a major hub in Whitestown.
