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Large Rail Union Rejects Deal

OMAHA, Neb. — The U.S.’s third-largest railroad union rejected a deal with employers Oct. 10, renewing the possibility of a strike that could cripple the economy. Both sides will return to the bargaining table before that happens.

October 11, 2022

Secretary Buttigieg Lauds Workers at UPS Worldport Hub

Transportation Secretary Pete Buttigieg hailed UPS Worldport workers in Louisville during a Kentucky stop where he rode with a truck driver and toured facilities.

December 7, 2022

Consumers Enjoy Tentative Relief as Supply Chains Unclog

The supply backlogs of the past two years — and the delays, shortages and outrageous prices that came with them — have improved dramatically since summer.

December 7, 2022

Tax Credits Kick in Jan. 1 for Alternative Fuel Infrastructure, Commercial EVs, Related Items

New tax credits for installing alternative fuel infrastructure or buying new commercial electric and fuel cell vehicles are available from the Internal Revenue Service starting Jan. 1.

December 7, 2022

District of Columbia Sues Amazon for ‘Stealing’ Delivery Driver Tips

The attorney general for Washington, D.C., is suing Amazon.com Inc., seeking civil penalties for allegedly misleading consumers who thought they were tipping delivery drivers but had the money diverted to cover the couriers’ base pay.

December 7, 2022

Kodiak Robotics Wins Army Self-Driving Contract

Kodiak Robotics Inc., a self-driving technology company active in trucking, announced in a blog post this month that the Army and the Defense Innovation Unit selected it for a 24-month, $49.9 million agreement to adapt its self-driving platform, Kodiak Driver, for the Army’s robotic combat vehicle program.

December 7, 2022

Trade Deficit Widens on Greater Imports, Drop in Exports

The U.S. trade deficit widened for a second month in October, as the value of imports increased and exports declined, which may weigh on economic growth in the fourth quarter.

December 6, 2022

Rising Battery Prices Threaten to Derail the Arrival of Affordable EVs

The trend of falling battery prices has ground to a halt this year, with BloombergNEF’s annual lithium-ion battery price survey showing a 7% increase in average pack prices in 2022 in real terms.

December 6, 2022

California’s Newsom Proposes Fines on Oil Companies

California could become the first state to fine big oil companies for making too much money, a reaction to the industry’s supersized profits following a summer of record-high gas prices in the nation’s most populous state.

December 6, 2022