Israeli shipping company ZIM Integrated Shipping Services last week posted a rise in its stock price after Street Insider cited a source saying that the CEO was considering a management buyout.Â
March 10, 2025TCA
Management Buyout Rumor Boosts ZIM
DHL Subsidiary to Cut 8,000 Jobs in Germany
German postal company Deutsche Post announced on March 6 that it will cut 8,000 jobs by the end of the year, citing high costs, just two days after striking a deal with workers on a 5% pay rise.
March 6, 2025Tesla Recalls 375,000 Cars Due to Power Steering Issues
Tesla has issued a safety recall for two of its best-selling vehicles due to issues with the power assist steering after a full stop.
February 24, 2025Odyssey Logistics Completes Move to Charlotte
Odyssey Logistics has moved its headquarters to Charlotte, N.C., from Danbury, Conn., as part of the company’s rapid growth.
February 24, 2025C.H. Robinson CEO Strives for Impactful Changes
C.H. Robinson CEO Dave Bozeman moved to Minnesota in June 2023 and dug right in with a deep dive into the company and the community.
February 20, 2025Aurora’s Driverless Trucks Prep for April Milestone
Come April, Aurora Innovation plans to pull the backup human driver from behind the wheel of one of its trucks, signifying commercial deployment.
February 14, 2025Ohio’s EV Charger Expansion Stalls After Federal Freeze
It’s now unclear whether Ohio will build any more of the federally funded charging stations, as President Donald Trump’s team has directed all states to halt new spending of the money.
February 11, 2025Bosch Launches Drive-by-Wire Brake System for Cars
STUTTGART, Germany — German component company Bosch is launching a new drive-by-wire braking system which could be coming to a car near you this year.
February 7, 2025Ford Puts Ford Blue, EV Division Under One Leader
Ford is placing the leadership of its gas and hybrid business along with its all-electric division under a single leader again, though they will continue to operate separately.
February 5, 2025Military Moving System Plagued by Late Pickups, Deliveries
About 1,000 service members have faced late pickups or deliveries of household goods under the initial phase-in of the Defense Department’s revamped system for relocations.
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