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DSV Reported to Be in Advanced Talks to Buy DB Schenker

DSV A/S is in advanced talks to acquire Deutsche Bahn AG’s logistics unit DB Schenker in a $15.4 billion deal, people with knowledge of the matter said.

September 11, 2024

IANA Applauds Outgoing President Joni Casey

LONG BEACH, Calif. — The Intermodal Association of North America kicked off its annual exhibition Sept. 10 by recognizing the accomplishments of outgoing President Joni Casey.

September 11, 2024

Nippon Steel Sends VP to Washington to Rescue US Steel Bid

Nippon Steel has sent a senior executive to Washington to boost its case for the $14.1 billion takeover of United States Steel, according to people familiar with the matter.

September 11, 2024

USPS to End Discounts for Consolidators Including UPS, DHL

The U.S. Postal Service said Sept. 11 that it is ending discounts that shipping consolidators such as UPS and DHL use to get packages to the nation’s doorsteps.

September 11, 2024

Stellantis to Invest $406 Million at Three Factories

DETROIT — Jeep and Ram maker Stellantis will spend $406 million retooling three Michigan factories so they can build electric vehicles or battery parts.

September 11, 2024

ATRI Finds Truck Drivers Detained on 39% of Deliveries

Driver detention is regularly voted as a top industry issue, ranking fifth highest for drivers in 2023, according to ATRI.

September 11, 2024

BMW Recalls 1.5 Million Cars Over Braking System

NEW YORK — BMW is lowering sales and earnings targets for the 2024 fiscal year, in a move the German carmaker said was partially triggered by hefty expenses of addressing a braking system recall.

September 11, 2024

Hurricane Francine Nears Louisiana as Category 2 Storm

MORGAN CITY, La. — Hurricane Francine barreled toward Louisiana on Sept. 11, strengthening to a Category 2 storm that could bring deadly storm surge to the U.S. Gulf Coast.

September 11, 2024

Daimler Truck North America Announces Key Leadership Changes

Daimler Truck North America is making two key leadership changes this month.

September 11, 2024