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GovernmentBusiness

Decision on US Steel Deal May Come After Election

United States Steel Corp. surged the most this year after The Washington Post reported that President Joe Biden wouldn’t immediately move to block Nippon Steel Corp.’s takeover bid.

September 13, 2024
GovernmentBusinessTechnologySafety

NTSB Describes Effort to Douse Tesla Semi Fire

WASHINGTON — California firefighters had to douse a flaming battery in a Tesla Semi with about 50,000 gallons of water to extinguish flames after a crash, NTSB said Sept. 12.

September 13, 2024
BusinessLogisticsTCA

Port of Long Beach Hits 113-Year High in Cargo for August

The Port of Long Beach once again saw record-breaking cargo numbers in August, port officials said Sept. 12.

September 13, 2024
BusinessTechnologyAutonomous

Uber to Launch Driverless Rides With Waymo in Austin, Atlanta

Uber Technologies will be the sole supplier of driverless rides on Alphabet’s Waymo cars in Austin and Atlanta, a boost to the rideshare app’s ambitions in the autonomous vehicle arena.

September 13, 2024
GovernmentBusinessSafetyLogistics

Loose Electrical Cable Found on Ship That Hit Key Bridge

BALTIMORE — Investigators working to pinpoint the cause of Baltimore’s Francis Scott Key Bridge collapse discovered a loose cable that could have caused electrical issues on the Dali.

September 13, 2024
GovernmentBusinessTechnology

US Agency Finalizes China Tariffs Biden Announced in May

The office of the U.S. Trade Representative on Sept. 13 formally approved tariff increases on billions of dollars in Chinese goods, paving the way for them to go into effect in two weeks.

September 13, 2024
BusinessLogisticsGlobal FreightTop 100Top 50

DSV Buys DB Schenker for $15.9B, Creating Logistics Giant

DSV, founded by 10 Danish truckers in the 1970s, has grown through a string of acquisitions in the fragmented transport industry, including buying targets that were larger than itself.

September 13, 2024
GovernmentBusinessTechnologyEquipmentFuel

Automakers Urge EU to Delay Stricter Emissions Mandates

The European Union should use emergency regulation to delay its 2025 emissions targets for automakers, according to a draft proposition from the industry lobby seen by Bloomberg.

September 12, 2024
BusinessEquipment

Ex-Yellow CEO to Lead Intermodal Chassis Pool Operator

Darren Hawkins, who was at the helm of bankrupt less-than-truckload carrier Yellow Corp., will soon lead the North American Chassis Pool Cooperative.

September 12, 2024
BusinessTechnologyLogisticsGlobal FreightTop 100Top 50

Amazon to Boost Contract Driver Pay to Nearly $22 an Hour

Amazon.com Inc. plans to spend an additional $2.1 billion on its contract delivery program, including safety programs, training and additional pay for the contracting firms.

September 12, 2024

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