General News
Joby's Blade to Provide 12-Minute Trips From Suburbs to NYC
Traffic’s back, train delays are all too common and city politics have been boiling over. A new commuter helicopter route is aimed at offering New Yorkers a quick escape hatch.
Shipping Delays Expected After UPS Cargo Jet Crash
The UPS cargo plane crash on Nov. 4 at the company’s global aviation hub in Kentucky, which killed at least nine, will temporarily disrupt the supply chain and result in some shipping delays.
GXO Reports Topline Growth as New CEO Kelleher Settles In
GXO Logistics Inc. reported revenue and earnings growth during the third quarter, its first under the leadership of new CEO Patrick Kelleher, the company reported Nov. 5.
Key Supreme Court Justices Question Trump’s Global Tariffs
A decision against Trump could force more than $100 billion in refunds and remove a major burden on the U.S. importers that are paying the tariffs.
US Companies Added 42,000 Jobs in October, ADP Data Shows
While helping to temper concerns of a faster deterioration in the job market, the modest payrolls increase last month is consistent with a general softening in labor demand.
California Disputes FMCSA on Non-Domiciled CDL Compliance
DOT Secretary Sean Duffy has accused California of having the most “egregious” licensing situation of any state, with 25% of its non-domiciled CDLs in violation of federal rules.
Search Continues for Victims of UPS Cargo Jet Crash
First responders are searching for more victims Nov. 5 after a UPS cargo plane crashed and exploded in a fireball at the company’s global aviation hub in Kentucky, killing at least nine people.
China to Remove Retaliatory Tariffs on Some US Farm Products
The country’s Finance Ministry confirmed it would end tariffs imposed March 4 on soybeans and other U.S. agricultural products including corn, wheat, sorghum and chicken, effective Nov. 10.
Supreme Court Considers Trump Tariffs
The administration is trying to defend the tariffs after lower courts ruled the emergency law Trump invoked doesn’t give him near-limitless power to set and change duties on imports.
At Least 7 Dead After UPS Cargo Jet Crashes in Kentucky
A UPS freighter jet crashed shortly after takeoff Nov. 4 from Louisville, Ky., in a fiery accident that authorities said killed at least seven people and injured nearly a dozen others.
Building Materials Carrier BlueLinx Acquires Disdero Lumber
BlueLinx Holdings has expanded its western U.S. footprint with the $96 million acquisition of Disdero Lumber, an Oregon distributor of premium specialty wood products.
Lawmakers Urge DOT Crackdown on Fraudulent CDL Mills
Members of Congress are urging DOT to investigate so-called CDL mills and enforce English proficiency rules as part of broader efforts to improve driver training and highway safety.
Rivian Cost Cuts Pay Off With Smaller-Than-Expected Loss
Rivian Automotive reported a smaller-than-expected loss in a sign of progress as the EV maker cuts costs and staff ahead of plans to begin deliveries of a new midsize SUV next year.
Amazon Demands Perplexity Stop AI Tool's Purchasing Ability
Amazon has sent a cease and desist letter to Perplexity AI demanding that the AI search startup stop allowing its AI browser agent, Comet, to make purchases online for users.
Caterpillar Sets New Growth Goals as Energy Demand Surges
Caterpillar laid out new growth targets to boost revenue and double capital spending in a bid to capitalize on rising demand for energy to power data centers.
Duffy Warns of 'Mass Chaos' in Skies if Shutdown Continues
Transportation Secretary Sean Duffy predicted Nov. 4 that there could be chaos in the skies next week if the government shutdown drags on and air traffic controllers miss a second paycheck.
Glid Unveils Autonomous Road-to-Rail Freight Vehicle
Glid Technologies has introduced Raden, an autonomous hybrid-electric vehicle that can operate on both roads and rails, designed to improve the first mile of freight logistics.
Hub Group Revenue Dips 5% on Weak Freight Demand
"Strong West Coast shipping demand in September continued through October, and our customers are indicating that will be maintained into November," CEO Phil Yeager says.
US Steel Says Japanese Ownership to Unlock $3B in Value
The companies also identified more than 200 initiatives to boost efficiencies by adding Nippon Steel’s technological expertise to U.S. Steel operations.
UK Still in Talks With Trump Team Over Steel, Whiskey Levies
The U.S. imposed a 25% tariff on British steel and 10% on the spirit — levies that remain in place despite the U.K. being the first country to reach a trade agreement with Trump.