Freight Scoop

Prologis Reports Q3 2023 Results, Outperforms Market Expectations

SAN FRANCISCO, CA – Prologis, Inc. (NYSE: PLD), the global leader in logistics real estate, has released its third-quarter results for 2023, surpassing market expectations. In the latest report, Prologis revealed that net earnings per diluted share for the third quarter of 2023 were $0.80, a notable performance compared to $1.36 for the same period…

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Government of Canada and Ontario Announced $1 Billion Grant For Umicore To Build New EV Battery Materials Plant In Ontario

Loyalist Township, ON, Canada – In a significant development for the electric vehicle (EV) industry, Umicore Rechargeable Battery Materials Canada Inc. has revealed plans to establish a new manufacturing facility in Loyalist Township. This facility will be dedicated to the production of cathode active materials (CAM) and precursor cathode active materials (pCAM), vital components in…

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How To Fill A Bill of Lading When Shipping Freight By Trucks

What is a Bill of Lading, Anyway? A bill of lading (BOL) is a legally enforceable and binding document that must be completed and provided to the truck driver before a cargo shipment is loaded onto the truck and begins its journey to its intended destination. The word ‘lading’ means to ‘lade’ or in other…

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Kawasaki to Inject $200 Million into New Manufacturing Facility in Northern Mexico, Paving the Way for 1000+ Jobs

In an exciting development, Kawasaki, a prominent Japanese corporation renowned for its motorcycles and industrial engines, is gearing up to channel approximately $200 million into the establishment of a cutting-edge manufacturing facility in the northern region of Mexico. This significant investment is poised to usher in over 1,000 job opportunities, further fortifying the economic landscape…

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President Biden Announces $7 Billion Investment in Clean Hydrogen Hubs

Washington, D.C. — President Biden, alongside U.S. Secretary of Energy Jennifer M. Granholm, unveiled a groundbreaking initiative on October 13th as part of his Investing in America agenda. The U.S. Department of Energy (DOE) has committed $7 billion to establish seven Regional Clean Hydrogen Hubs (H2Hubs) across the nation, marking a significant stride toward accelerating…

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