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BusinessTechnologyTCA

GM Moves BrightDrop Electric Vans to Chevrolet Brand

General Motors Co. is bringing its BrightDrop electric commercial vans under the Chevrolet brand in an effort to expand sales beyond delivery companies.

August 29, 2024
GovernmentBusinessLogistics

Canadian Rail Operations Back on Track After Work Stoppage

Canadian railway operations have resumed after a brief work stoppage, following government intervention in an ongoing labor dispute.

August 29, 2024
GovernmentBusinessSafety

Trucking Reacts to DEA Proposal to Downgrade Marijuana

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.

August 29, 2024
BusinessSafetyFor-HireTop 100

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

The trucking industry continued to experience a decline in driver compensation during the second quarter, with much of that led by lackluster starting pay.

August 29, 2024
BusinessFuel

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

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.

August 29, 2024
GovernmentBusinessTechnologySafety

NTSB Update Highlights Questions About Remote-Control Trains

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.

August 29, 2024
BusinessTechnologyAutonomous

Uber Invests in Self-Driving Software Firm Wayve

Uber Technologies is making a strategic investment in U.K.-based autonomous driving software provider Wayve Technologies.

August 29, 2024
GovernmentBusiness

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

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.

August 29, 2024
BusinessFuel

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

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.

August 28, 2024
BusinessLogistics

July Port Container Volumes Jump Amid Early Holiday Season

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.

August 28, 2024

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