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More than 60 trade associations and chambers of commerce submitted a letter to the Surface Transportation Board last week opposing Union Pacific's proposed acquisition of Norfolk Southern.

The administration’s latest move to flag nearly half of the driving schools as noncompliant doesn’t figure to disrupt the industry, experts say. But the scrutiny on immigrant drivers might.

China is home to more than 90% of global rare earths and permanent magnets refining capacity, compared with just 4% for second-place Malaysia, according to the International Energy Agency.

Wabtec broadened its digital rail capabilities by buying Frauscher, aiming to pair its portfolio with technology designed to strengthen safety, capacity and efficiency for rail operators.

China is expected to step up U.S. soybean purchases to meet a pledge to buy at least 12 million tons by the end of the year, underscoring a wider market hope that a fragile trade truce can hold.

Adobe said spending from Thanksgiving to Cyber Monday totaled $44.2 billion, up 7.7% from a year ago. Cyber Monday remains the biggest online spending day of the year at $14.25 billion.

The companies allegedly fixed the general rate increase charged to customers for shipping cargo between South Africa and Asia and between the nation and the western part of Africa from 2008 to 2018.

The Transportation Department said Dec. 1 that it plans to revoke the certification of nearly 3,000 truck driving schools unless they can comply with training requirements in the next 30 days.

Amazon will use “specialized smaller facilities” for the deliveries, the e-commerce giant said Dec. 1 in a statement. The fee will start at $13.99, discounted to $3.99 for Prime members.

Beta is “akin to a young Tesla, but with a more attractive end market of aerospace, which has higher barriers to entry than autos,” said Morgan Stanley analysts in a note.