General News
Arbitration Favors US Steel Over Deal
A U.S. arbitration panel has come out in favor of U.S. Steel in a dispute with union workers over Nippon Steel’s plan to buy the Pittsburgh-based company, according to the United Steelworkers.
Biden Presses Big Railroads to Offer More Paid Sick Days
The Biden administration is pressuring three major rail companies to provide their workers with paid sick days, aiming to expand the benefit into an industrywide norm.
Hurricane Helene Gains Power as It Bears Down on Florida
Hurricane Helene is strengthening as it sweeps past Mexico’s Yucatan Peninsula on its way to a collision Sept. 26 with Florida, where it has already triggered evacuations.
Morgan Stanley Warns US Cars Are Too Expensive
Shares in General Motors and Ford tumbled Sept. 25 after a Morgan Stanley analyst warned that cars are too expensive for U.S. consumers and a price war in China will hurt the bottom line there.
Autonomous Company May Mobility Scales Back Expansion Plans
Autonomous vehicle company May Mobility Inc. is scaling back its expansion plans in Ann Arbor, Mich.
US Risks Missing Emissions Goals Due to Natural Gas Reliance
America’s struggle to curb its emissions from natural gas threatens to undermine the Biden administration’s goal of having 100% carbon-free power generation by 2035.
Chinese EV Maker Nio Slams ‘Unreasonable’ US, EU Tariffs
Nio founder William Li hit out at the European Union and the U.S., saying their moves to level tariffs on electric cars are unreasonable and urged them to cooperate with China.
Ohio Town Still Under Evacuation Order
WHITEWATER TOWNSHIP, Ohio — An evacuation order remained in effect Sept. 25 for residents in an Ohio community as crews continued to work at the scene of a dangerous chemical leak.
McLeod Previews AI Capabilities Amid Freight Rate Challenges
The company introduced updates for LoadMaster, PowerBroker and its MPact suite of business intelligence tools, including its first proprietary AI product.
Online Holiday Spending Projected to Rise 8.4%
Steep discounts and easing inflation will compel U.S. shoppers to spend $240.8 billion online in November and December, up 8.4% from last year’s holidays and the biggest increase since 2021.
Railcar Chemical Leak Forces Evacuations in Grandview, Ohio
A dangerous chemical leak from a railcar has spurred an evacuation order in an Ohio town.
OPEC Doubles Down on Oil Growth Despite Climate Goals
OPEC doubled down on forecasts that global oil demand will keep growing to the middle of the century, an outlier view that scientists say would lead to climate catastrophe.
Vancouver Port Strike Disrupts Grain Shipments at Harvest
Grain workers at Canada’s largest port went on strike Sept. 24 over a dispute regarding hours and pay, creating what an industry association called a “devastating” situation for farmers.
Utility to Offer Accuride’s Trident Drum Brakes as Standard
Utility Trailer Manufacturing will offer Trident composite steel shell drum brakes from Accuride as standard on all its trailer models, the company said Sept. 17.
ATA: Trucking Tonnage Rises Again, Hints at Market Recovery
The ATA For-Hire Truck Tonnage Index rose 1.8% to 115.8 from the prior month, and 0.7% compared with August 2023.
House Committee Approves Moving Protection Bill
Legislation that aims to increase protections for people moving personal property was recently approved by a committee in the U.S. House of Representatives.
Evo Builds Out Truckload Operations With West Side Purchase
Phoenix-based Evo aims to build a diversified, national truckload carrier and brokerage through the acquisition of Cedar Rapids, Iowa-based West Side.
Maryland Sues Owner of Ship That Caused Key Bridge Collapse
BALTIMORE — The state of Maryland has added to the legal troubles facing the owner and operator of the containership Dali, which caused the deadly collapse of the Francis Scott Key Bridge.
US, Canada to Negotiate Boundary to Oil-Rich Arctic Seabed
The U.S. and Canada have agreed to begin negotiations over claims to an Arctic seabed that may be rich in oil and is of growing strategic importance as Russia and China ramp up their presence.
Ammonia-Powered Tugboat Shows How to Cut Shipping Emissions
KINGSTON, N.Y. — A tugboat powered by ammonia eased away from the shipyard dock and sailed for the first time to show how the maritime industry can slash carbon dioxide emissions.