Newspaper article St Louis Post-Dispatch (MO)

Business Digest

Newspaper article St Louis Post-Dispatch (MO)

Business Digest

Article excerpt

Schnucks picks Penske to run Kinloch warehouse

Schnuck Markets Inc. said Friday that it has hired Penske Logistics as the new operator of its NorthPark distribution center.

Penske replaces Greenwich, Conn.-based XPO Logistics at the 915,000-square-foot warehouse in Kinloch.

Penske Logistics employs more than 14,000 people worldwide and manages more than 21 million square feet of warehouse space including fresh food distribution centers.

Frontier to double service between St. Louis and Denver * Frontier Airlines is set to double its service between St. Louis Lambert International Airport and Denver International Airport this summer, according to Lambert.

Frontier will begin a second daily flight between the two cities June 5. The daily roundtrip is scheduled on a 180-seat A-320 airplane that will depart at 7:35 p.m.

Frontier already operates daily roundtrip service on a 230-seat A-321 plane. In June, that flight will leave St. Louis at 1:50 p.m.

The new daily roundtrip will add more than 4,600 seats each way per month between St. Louis and Denver, Lambert said.

Through February, Lambert had a 4.7 percent increase in departing passengers than for the same time frame in 2016.

U.S. durable goods orders rise in February * Greater demand for commercial aircraft helped U.S. businesses increase their orders for long-lasting manufactured goods in February, but a key category that tracks business investment plans slipped slightly.

The Commerce Department said Friday that orders for durable goods rose 1.7 percent in February and an upwardly revised 2.3 percent in January. Orders so far this year are running 1.6 percent higher than in the first two months of 2016.

The growth indicates that manufacturers are steadily recovering from a rough patch that began in 2015 when lower energy prices and slower economic growth worldwide cut into demand for U. …

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