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Oil Traders Snap Up Tankers in Sign Second-Wave Glut Is Near

Some of the world’s biggest oil traders are getting ready for the possible resurgence of a coronavirus-induced glut of crude and fuels, snapping up giant tankers for monthslong charters so that they can be ready to store excess barrels if necessary.

September 11, 2020

Tesla Plans to Start Shipping Out Cars Made at Shanghai Gigafactory

Tesla Inc. plans to ship cars made at its Shanghai factory to other countries in Asia and Europe, according to people familiar with the matter, shifting its strategy for the plant to largely focus on supplying the local market.

September 11, 2020

Fleets Rally to Aid Hurricane Laura Victims

Hurricane Laura wreaked havoc when it made landfall Aug. 27, but fleets have rallied to help the victims in the couple of weeks since.

September 10, 2020

Oil Market Buckles Under Pressure of Pandemic’s Second Wave

Six months after the coronavirus pandemic’s initial punch, signs of a second wave are already emerging in the oil market.

September 9, 2020

UPS Holiday Season Hiring Will Top 100,000 Amid E-Commerce Boom

UPS Inc. said it will hire more than 100,000 seasonal workers to help handle an expected avalanche of holiday packages from online orders this year as shoppers avoid stores during the coronavirus pandemic.

September 9, 2020

Walmart Tests Drone Delivery Amid Escalating Competition With Amazon

Walmart Inc. is entering the drone delivery wars, its latest move to counter Amazon.com Inc.’s dominance in e-commerce as more Americans choose to shop from home.

September 9, 2020

ATRI Opens Annual Top Industry Issues Survey

The American Transportation Research Institute has opened its annual survey asking trucking industry representatives to identify major industrywide issues.

September 8, 2020

Boeing Finds New 787 Flaw, Slows Deliveries for Inspection

Boeing Co. has slowed deliveries of its 787 Dreamliner as crews check for a new manufacturing flaw involving gaps in the horizontal stabilizer, the small wing in the aircraft tail.

September 8, 2020

House to Investigate DeJoy’s Possible Campaign Law Violations

House Democrats said Sept. 8 they will investigate whether Postmaster General Louis DeJoy encouraged employees at his former business to contribute to Republican candidates and then reimbursed them in the guise of bonuses, a violation of campaign finance laws.

September 8, 2020