07 Oct Louisiana Gains Emergency Federal Funds, Rural Assistance President Joe Biden recently enacted a government funding bill that provides nearly $30 billion in emergency aid to assist Louisiana and the nearby region that are still recovering from Hurricane Ida. Read more...
07 Oct Senior House Democrats Press for FEMA, Water Infrastructure Funds The frequency of severe weather events is contributing to disruptions across freight corridors and damages to critical infrastructure, the head of the Federal Emergency Management Agency recently told Congress. Read more...
05 Oct Autonomous Trucks Take Off Rapidly in China’s Commercial Operations BEIJING — Driverless trucks will help revamp the logistics and industrial sector in China, as autonomous driving technologies have taken off in the country amid the COVID-19 pandemic. Read more...
05 Oct Container Crisis Gets So Bad, Coca-Cola Switches to Bulk Freight The cost of shipping stuff in containers has gotten so out of hand that Coca-Cola Co. is switching its cargoes to vessels that are normally only used by industrial commodity traders to help keep its business running. Read more...
05 Oct September Class 8 Orders Decline North American Class 8 orders in September dropped 11.8% compared with a year earlier, ACT Research reported, as truck makers struggled to match pent-up demand amid a badly out-of-kilter supply chain and a production schedule that continues to defy typical certainty. Read more...
05 Oct California’s Offshore Industry Under Fire After Oil Spill California's worst oil spill in almost 30 years has drawn fresh scrutiny of aging offshore oil and gas infrastructure around the world, built decades ago back before fracking, horizontal drilling and shale made ocean drilling less economic. Read more...
05 Oct LG Energy Strikes Battery-Metal Deal With Sigma Lithium LG Energy Solution, one of the world’s top electric-vehicle battery makers, has struck a supply deal with Sigma Lithium Corp. as demand for the metal soars. Read more...
05 Oct Volvo Recalls 460,000 Cars After Air Bag-Rupture Fatality Volvo Car AB is recalling more than 460,000 vehicles worldwide over risk an air-bag component that has bedeviled automakers for years could rupture into metal fragments and strike drivers. Read more...
05 Oct Perspective: How to Retain Drivers in a Tight Field You’ve built the best team of drivers of your career. But competitors keep trying to lure them away. So, how are you going to keep that great team of drivers intact? Read more...
05 Oct Trade Deficit Hits Record $73.3 Billion in August WASHINGTON — The U.S. trade deficit increased to a record $73.3 billion in August as a small gain in exports was swamped by a much larger increase in imports. Read more...