Amazon.com Inc. CEO Andy Jassy said the e-commerce giant will be cutting jobs into 2023 as it adjusts to business conditions, his first public comments about the cost-reduction plans roiling Amazon since reports that it planned to wipe out about 10,000 jobs.
November 18, 2022Search
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Authorities Say L.A. Railroad Theft Rings Dismantled
Two theft rings that netted more than $18 million worth of merchandise stolen from railroad cars have been dismantled, authorities said Nov. 17, months after images of a sea of discarded containers along Union Pacific tracks in Lincoln Heights, Calif., drew national attention.
November 18, 2022Wholesale Inflation Eased in October for Fourth Straight Slowdown
Prices at the wholesale level rose 8% in October from a year ago, the fourth straight decline and the latest sign that inflation pressures in the United States are easing from painfully high levels.
November 15, 2022The Battery Supply Chain Is Finally Coming to America
Redwood Materials Inc., the battery recycling company created by Tesla co-founder J.B. Straubel, said it has reached a deal to supply Panasonic with billions of dollars in critical battery components that will be produced in the U.S. for the first time.
November 15, 2022Airbus CEO Sees Energy Crisis Weighing on Production Next Spring
Airbus SE said production concerns have shifted from a shortage of jet engines to smaller suppliers struggling to cope with spiraling energy costs, with the squeeze expected to become most acute next spring.
November 14, 2022Study Says Charging Network Isn’t on Pace With Electric Truck Development
In December, Tesla Inc. plans to deliver the first of its electric Semi trucks — prompting those responsible for delivering the power to ask: Are we ready for this?
November 14, 2022EPA to Consider Tougher Locomotives Emissions Rules
The Environmental Protection Agency said Nov. 9 it will consider adopting stricter rules on locomotive emissions in response to concerns raised by California regulators.
November 10, 2022Ohio Answers Some Parking Needs by Converting Weigh Stations
To address a shortage of spaces, Ohio is converting more than a dozen weigh stations into truck parking lots and modernizing rest areas.
November 8, 2022Secretary Pete Buttigieg Touts FLOW Data Initiative
More than half a year after the launch of an information-sharing forum meant to facilitate communication between freight stakeholders, the country’s top transportation officer gave it a resounding endorsement.
November 7, 2022Spokane International Airport Completes Second Phase of Rail, Truck Facility
The Spokane International Airport has completed the second phase of a rail and truck transload facility designed to attract advanced manufacturing companies to the region.
November 3, 2022