In November, the London Metals Exchange cracked down on the metals warehouses it regulates, such as soda and beer can manufacturers, after years of complaints by metals consumers that the warehouses were limiting supplies and driving up costs. Now, the U.S. Justice Department is getting involved, but refuses to say exactly how investigations are proceeding.
In the face of a $20 million budget gap, the U.S. Postal Service has announced its second rate hike to take effect in 2014. The latest announcement, on Nov. 14, included shipping rates for its flat rate services. A retail flat rate, padded flat rate, and priority express legal flat rate envelopes will cost $19.99…
The Teamsters and the Independent Pilots Association have both thrown their support behind a new bill in Congress known as the Safe Skies Act of 2013. This bill would apply the same regulations governing rest periods to cargo pilots that are already in place for pilots of passenger planes. The bill would affect the pilots of…
American Airlines and US Airways are giving up 52 vested slots at Ronald Reagan Washington National Airport as part of an agreement with the Department of Justice in order to get plans for their merger approved. Without buyers for these slots, some small and mid-sized airports around the country could lose flights into Washington National…
The Federal Motor Carrier Safety Administration had a busy year. When they weren’t enacting new regulations, they were busy defending these new regulations in courtrooms and hearings. But after all the discussion, practically everything the FMCSA wanted to pass is now legally in effect. What are these new laws? More importantly, how do these laws…
According to a new report by the Los Angeles Times, Amazon is blazing into the holiday season with a new option for its customers, Sunday deliveries. The deliveries are part of a joint effort with the United States Postal Service, which plans to use flexible worker schedules to cover the delivery routes instead of hiring…
The London Metal Exchange (LME) decided on new regulations this past Thursday, Nov. 7, aimed at addressing bottlenecks of metals in its warehouses. According to The Wall Street Journal, these bottlenecks are usually caused when warehouses reserve metals for traders and bankers, which are using it to raise working capital. The situation has become particularly…
As the United States and Canada gear up to transport record amounts of crude oil from fracking sites to refineries, and in turn, to consumers around North America, railroad companies and pipeline owners are in stiff competition for the business of handling these hauls. By the year 2014, the U.S. is expected to be producing…
Manufacturing jobs have come a long way in recent years. Technology has made the jobs less dangerous and labor intensive, and have allowed companies to do more production with fewer workers. However, skilled labor workers are an aging demographic, and younger workers simply aren’t interested in taking jobs in manufacturing. In fact, fewer young people…
For over 100 years, the Bearfield family has specialized in the processing and distribution of high quality hams, gammon, gammon steaks, bacon, and other specialty pork products. The business has been in the same family for five generations, using the principles of service and quality to set themselves apart from the competition. They now own…