08 Nov European Commission President: US Auto Tariffs Not Expected BERLIN — Outgoing European Commission President Jean-Claude Juncker says he does not think U.S. President Donald Trump will impose new tariffs targeting European automobiles. Read more...
07 Nov Americold’s Net Income Climbs 10.6% in Q3 Americold Realty Trust, a global real estate company focused on temperature-controlled warehouses, said it grew its net income by 10.6% to $27.1 million in the quarter ended Sept. 30, over income of $24.5 million in the same quarter last year. Read more...
07 Nov GM Sells Shuttered Lordstown, Ohio, Assembly Plant to Electric Vehicle Startup Lordstown Motors Corp., the electric-truck startup formed specifically to save a shuttered Ohio car factory, has acquired the highly politicized plant from General Motors Co. Read more...
07 Nov Holiday Season Returns Will Set Record, UPS Predicts This holiday season is projected to be so busy, UPS even expects to set a record for returned merchandise. Read more...
07 Nov UPS Launches Rewards Program for Access Point Use UPS is launching a holiday rewards program to encourage customers to pick up packages at alternate locations through its Access Point network, which include Michaels stores, UPS Stores and local businesses like delis, dry cleaners and flower shops. Read more...
07 Nov Jacksonville Port Authority Receives $20 Million Grant The Jacksonville Port Authority is the recipient of a $20 million grant for infrastructure improvements to include reconstructing about 100 acres of pavement at the SSA Jacksonville Container Terminal on Blount Island to allow the port to better accommodate large container vessels. Read more...
07 Nov Conn. Rail Plan Would Cut Travel From New Haven to New York by 30 Minutes Gov. Ned Lamont will call Nov. 7 for more than $4 billion in improvements for the Metro-North Railroad to cut travel times and alleviate traffic congestion in lower Fairfield County. Read more...
07 Nov As L.A. Ports Automate, Some Workers Are Cheering On Robots The arrival of robots at the Port of Los Angeles is exposing a stark economic divide between two sets of Southern California workers. Read more...
07 Nov Toyota Q2 Profit Up 1% on Healthy Global Sales TOKYO — Toyota Motor Corp.’s net profit edged 1% higher in the July-September quarter as vehicle sales grew around the world, Japan’s top automaker reported Nov. 7. Read more...
07 Nov IG Audit Rates DOT Information Systems ‘Not Effective’ The U.S. Department of Transportation’s information systems and the sensitive data they contain are “not effective” in all critical “maturity levels,” according to a new audit issued by the DOT Office of the Inspector General. Read more...