A barrage of gunshots has been reported near the Pharr-Reynosa International Bridge, a key border crossing linking Texas and Mexico. The gunfire on Wednesday stemmed from a confrontation between the Mexican army and armed individuals alleged to be smugglers of undocumented immigrants, according to Reforma. The confrontation reportedly happened around 10 a.m. local time near…
The U.S. Postal Service on Wednesday established proposed pricing for its new two- to five-day delivery product offering known as USPS Ground Advantage. Pending favorable review and comments from the Postal Regulatory Commission, which must approve the proposal, USPS Ground Advantage is slated to launch July 9. Published prices for USPS Ground Advantage will decrease…
While venture capital investment in startups has slowed over the last several quarters, funding continues to flow to companies focused on boosting the global supply chain. Supply chain-focused startups Unity SCM, Ox, Prewave and Pando recently secured a combined $70.6 million in venture capital. Overall, venture funding for supply chain startups in the fourth quarter…
FORT WORTH, Texas – Peterbilt Motors could have made a bigger spectacle of launching its high-end, low-volume Model 589. But it is hard to imagine how. A Peterbilt-only Pride & Class Truck Show of more than 200 heritage models. Renting out the cavernous Texas Motor Speedway. A Southern rock concert. More than 3,000 attendees from…
Only the formal closing remains in BP’s acquisition of TravelCenters of America, with shareholders overwhelmingly approving the purchase in voting results released Wednesday. There was no sign of a late move by convenience store operator Arko to derail the BP purchase of TA (NASDAQ: TA) at $86 per share, which was announced in February. Arko…