Perishable Foods Hardest Hit by Port Strikes
Dominick Reuter and Erin Snodgrass of Business Insider report that the work stoppage at East and Gulf Coast port facilities is set to impact...
Electric Air Taxi Company Receives Additional Investments
David Shepardson of Reuters reports that Toyota will invest another $500 million in Joby Aviation. Shepardson writes:
Toyota Motor said Wednesday it will invest another...
Government Files Civil Claim for Balitmore Bridge Collapse
C. Ryan Barber of The Wall Street Journal reports that the Justice Department has filed a $100 million civil claim against the owner and...
Cheap Chinese Fares Creates Profit Hurdles for Carriers
Danny Lee and Jinshan Hong of Bloomberg report that a flood of cheap Chinese air fares has created profit hurdles for other carriers. They...
Canadian Railroad Strike Could Paralyze Ports
Robb M. Stewart of The Wall Street Journal reports Scott Shannon, vice president for Canada at transport logistics provider C.H. Robinson, noted that in...
Prices Are Slipping in the U.S. Package Sector
Esther Fung and Dean Seal of The Wall Street Journal report that UPS is lowering prices to gain inflation-weary customers. They write:
United Parcel Service...
Electric Big Rig Economics Don’t Work for Most Companies
Paul Berger of The Wall Street Journal reports that a Ryder analysis shows operating expenses of low-emissions rigs are far higher than those for...
Railroad Strikes Could Trigger Extensive Disruptions across North America
Paul Vieira of The Wall Street Journal reports that Teamsters Canada says it is at an impasse in contract talks with Canadian National and...
Rise of Cyber Gangs Hijacking U.S. Goods
Inti Pacheco of The Wall Street Journal reports that thieves intercepted a refrigerated container bound for Florida and demanded a $40,000 ransom—part of a...
Hydrogen-Powered Big Rig Hitting Supply Chain Snags
Paul Berger of The Wall Street Journal reports that hydrogen-powered truck deliveries have been slow, pushing manufacturers to spend more on air freight to...