transportation and warehousing

E-commerce fulfillment outfit TLSS to acquire Cougar Express

TLSS enters agreement to acquire Cougar Express

E-commerce fulfillment provider Transportation and Logistics Systems (TLSS) (OTC: TLSS) announced plans to acquire logistics provider Cougar Express.

Cougar Express provides pickup, delivery and warehouse services through its facility in Valley Stream, New York. The company offers one- to four-person white-glove delivery service primarily in New York and New Jersey.

“We are very excited about the prospect of joining forces with the Cougar Express team, a profitable, family-run business with a...

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Transportation job losses slow as Canada starts to recover

A driver unloads a truck in Toronto.

Job losses in Canada’s transportation and warehousing sector slowed in May as the country’s labor market improved.

The sector shed 24,000 jobs, or 2.8%, during the month, Statistics Canada said on Friday. Overall, Canada added nearly 290,000 jobs during the month, an increase of 1.8%.

While transportation and warehousing underperformed other sectors, the data in the Labor Force Survey represents a significant improvement over April. The sector saw a decline of more than 10% during that month. 

The...

https://s29755.pcdn.co/news/transportation-job-losses-slow-as-canada-starts-to-recover