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Updated: 48 min 5 sec ago

USPS Proposes Changes to Save $3 Billion a Year

Fri, 08/30/2024 - 08:10
The U.S. Postal Service wants to save $3 billion annually on changes that reflect its greater reliance on streamlined regional networks.

Tyson Foods Names Calaway CFO, Replacing Heir

Thu, 08/29/2024 - 17:16
Tyson Foods said Curt Calaway has been named chief financial officer, replacing company heir John R. Tyson.

Motion Industries Expands in Houston With New Center

Thu, 08/29/2024 - 16:41
Motion Industries, a provider of vehicle maintenance, repair and parts, will open a new service center in Houston in September.

Nippon Steel to Boost Capital Commitment to US Steel Plants

Thu, 08/29/2024 - 15:24
HARRISBURG, Pa. — Nippon Steel Corp. raised its capital commitment Aug. 29 by more than $1 billion to spend on U.S. Steel’s plants.

Tornado Derails 43 BNSF Train Cars in North Dakota

Thu, 08/29/2024 - 13:27
STEELE, N.D. — Strong winds knocked nearly four dozen train cars off a track in North Dakota, part of a storm system that spurred reports of five tornadoes across the Dakotas.

GM Moves BrightDrop Electric Vans to Chevrolet Brand

Thu, 08/29/2024 - 12:06
General Motors Co. is bringing its BrightDrop electric commercial vans under the Chevrolet brand in an effort to expand sales beyond delivery companies.

Canadian Rail Operations Back on Track After Work Stoppage

Thu, 08/29/2024 - 11:43
Canadian railway operations have resumed after a brief work stoppage, following government intervention in an ongoing labor dispute.

Trucking Reacts to DEA Proposal to Downgrade Marijuana

Thu, 08/29/2024 - 11:22
A DEA proposal to downgrade marijuana from the most serious category of federal drug offenses to a lesser category has drawn more than 43,000 comments from groups and individuals.

Truck Driver Pay Drops 7.4% in Q2 as Freight Keeps Slumping

Thu, 08/29/2024 - 10:45
The trucking industry continued to experience a decline in driver compensation during the second quarter, with much of that led by lackluster starting pay.

Shell Set to Cut 20% of Jobs in Some Oil and Gas Divisions

Thu, 08/29/2024 - 10:44
Shell is set to cut around 20% of its workforce in some oil and gas exploration and development divisions as CEO Wael Sawan works to boost efficiency and profitability.

NTSB Update Highlights Questions About Remote-Control Trains

Thu, 08/29/2024 - 09:52
The CSX worker who discovered his friend run over by a pair of remote-control locomotives last year sees a simple solution to preventing similar deaths in the future: two-person crews.

Uber Invests in Self-Driving Software Firm Wayve

Thu, 08/29/2024 - 09:06
Uber Technologies is making a strategic investment in U.K.-based autonomous driving software provider Wayve Technologies.

US Economic Growth for Q2 Is Revised Up to 3% Annual Rate

Thu, 08/29/2024 - 08:43
WASHINGTON — The U.S. economy grew last quarter at a healthy 3% annual pace, fueled by strong consumer spending and business investment, the government said Aug. 29.

J.D. Power Cuts 2024 EV Sales Forecast in US by More Than 3%

Wed, 08/28/2024 - 22:17
As mainstream car buyers continue to shun electric vehicles, automotive researcher J.D. Power said Aug. 28 that battery-powered models will account for just 9% of sales in the U.S. this year.

July Port Container Volumes Jump Amid Early Holiday Season

Wed, 08/28/2024 - 13:45
U.S. ports are reporting record gains for this time of year with volumes being boosted by school supplies and an earlier-than-normal peak shipping season.

CARB’s Biofuel Changes Raise Concern

Wed, 08/28/2024 - 12:36
American agriculture groups are decrying California’s planned 20% cap on U.S.-made canola- and soy-based biodiesel and renewable diesel that could tip the market toward foreign sources.

California Receives $150 Million for EV Charging Ports

Wed, 08/28/2024 - 10:46
U.S. officials awarded California nearly $150 million for the construction of more than 9,200 electric vehicle charging ports in an attempt to make zero-emission cars attractive to drivers.

States Boost CDL Training to Tackle Local Driver Shortages

Wed, 08/28/2024 - 10:45
A handful of states are taking varied approaches to bolster the ranks of commercial truck drivers in the nation.

Train Movements in Canada Close to Normal

Wed, 08/28/2024 - 09:44
Train movements at Canadian National Railway and Canadian Pacific Kansas City are almost back to normal after a short lockout of unionized workers, according to data provider RailState.

Polestar Names Ex-Nikola Chief Lohscheller as New CEO

Wed, 08/28/2024 - 09:15
Polestar named Michael Lohscheller its new CEO as the electric vehicle maker seeks to stem deepening losses and fix ongoing operational problems.

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