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Category: Featured

Carvana Unveils its Newest Car Vending Machine in Philadelphia

Carvana Unveils its Newest Car Vending Machine in Philadelphia

| October 12, 2018

Carvana (NYSE: CVNA), a leading e-commerce platform for buying and selling used cars, debuted its newest Car Vending Machine, located in the Fishtown neighborhood of Philadelphia. This is the 14th Car Vending Machine location for the company, joining counterparts in Houston, Austin, San Antonio, Dallas, Nashville (Tenn.), Raleigh (N.C.), Charlotte (N.C.), Jacksonville (Fla.), Tampa (Fla.), Orlando (Fla.), […]

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Amazon Expands Grocery Delivery from Whole Foods Market 

Amazon Expands Grocery Delivery from Whole Foods Market 

| October 10, 2018

Amazon and Whole Foods Market have launched delivery of natural and organic products from Whole Foods Market through Prime Now in Annapolis, Cleveland, Louisville, North and Central New Jersey and Pittsburgh as well as additional locations in the San Francisco Bay Area.  Starting this week, Prime members in those cities can shop through Prime Now […]

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BYD Awarded Electric Bus Contract by WESTCOAST Sightseeing 

BYD Awarded Electric Bus Contract by WESTCOAST Sightseeing 

| October 10, 2018

BYD (Build Your Dreams) Canada has been awarded an order for zero emission, battery-electric buses by WESTCOAST Sightseeing, the first tour company in Canada to order clean energy buses, and the first to commit to having a 100% clean-energy fleet by 2023.   Battery and Electric Vehicle Pioneer BYD is the world’s largest manufacturer of electric […]

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Transplace Acquires Yusen Logistics Intermodal & Freight Brokerage 

Transplace Acquires Yusen Logistics Intermodal & Freight Brokerage 

| October 9, 2018

Transplace, a provider of transportation management services and logistics technology, has acquired Yusen Logistics (Americas) Inc.’s intermodal marketing company/over-the-road freight brokerage group.  This acquisition expands Transplace’s North American intermodal capabilities and is designed to further support the company’s commitment to strategic growth in order to meet the supply chain needs of its growing customer base. Terms of […]

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Auto Sales Down in September

Auto Sales Down in September

| October 7, 2018

The Kerrigan Auto Retail Index was down -5.98% for the month of September, under-performing the S&P 500 Index’s performance, which increased 0.43%.    All seven component stocks were down in September. Group 1 Automotive posted the largest loss of 14.85%, followed by Sonic Automotive (-10.00%), AutoNation (-8.38%), Penske Automotive Group (-6.99%), CarMax (-4.34%), Lithia Motors (-4.00%), […]

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Turnover at Large Truck Fleets Up Strongly

Turnover at Large Truck Fleets Up Strongly

| October 5, 2018

The annualized turnover rate at large truckload carriers jumped four percentage points in the second quarter to 98%, according to American Trucking Associations’ Trucking Activity Report. “So far this year, the turnover rate at large truckload fleets is up ten percentage points,” said ATA Chief Economist Bob Costello. “The extreme tightening of the driver market – […]

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