02 Aug Pipelines Add Room on ‘Unrelenting’ Demand for Canada’s Oil U.S. refiners want more Canadian oil, and pipeline companies are finding ways to get it to them. Companies are adding space to their congested oil export pipelines from Canada even as plans for bigger expansions and new lines face delays. Read more...
02 Aug Commodities Roiled as Trump Pours Gasoline on Trade War Inferno Raw materials are reeling after President Donald Trump threatened new tariffs on Chinese goods, dashing hopes that the two sides might soon negotiate an end to the trade war that’s sapping global growth and demand for commodities. Read more...
02 Aug Maersk Plunges as Investors Dump Trade Icon on Trump’s Tweets Shares in A.P. Moller-Maersk A/S, the world’s largest container shipping line, plunged the most in two months after President Donald Trump escalated his trade war against China. Read more...
02 Aug XPO Reports Mixed 2Q Financials Global freight transportation and logistics provider XPO Logistics reported mixed financial results for the second quarter Aug. 1. Read more...
02 Aug FRA Chief Ronald Batory: PTC Installment Is on Nearly 90% of Required Miles The implementation of automatic braking systems on the country’s railroads was operational on nearly 90% of route miles required by law, Federal Railroad Administrator Ron Batory told a Senate panel July 31. The status of the implementation marked a 4% increase since the year’s first quarter. Read more...
01 Aug FBI: Amazon Drivers Part of Major Theft Ring SEATTLE — A theft ring in Washington state sold millions of dollars’ worth of stolen goods on Amazon.com in the past six years, and a pair of Amazon delivery drivers was involved, recently unsealed federal court documents show. Read more...
01 Aug EPA IG Finds Study Critical of Glider Emissions Was Properly Conducted A U.S. Environmental Protection Agency’s Inspector General audit has given a 2017 agency study critical of glider truck emissions a clean bill of health. Read more...
01 Aug EBay Accuses Amazon Managers of Leading Scheme to Snag Sellers EBay Inc. sued three employees working at e-commerce rival Amazon.com, alleging that they conspired with dozens of other workers to fraudulently take high-value online merchants from eBay. Read more...
01 Aug Trump Ratchets Up China Trade War With New Tariffs President Donald Trump abruptly escalated his trade war with China, announcing that he would impose a 10% tariff on $300 billion in Chinese imports that aren’t yet subject to U.S. duties after setbacks in negotiations with Beijing. Read more...
01 Aug ATA Trends Report Reveals Industry’s Revenue, Trade Highlights The trucking industry’s total revenue and cross-border operations experienced significant increases last year, according to the recently released American Trucking Trends report by American Trucking Associations. Read more...