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Most Households Accept East Palestine Derailment Settlement

Very few people who live near the East Palestine, Ohio, train derailment opted out of a $600 million class action settlement.

September 10, 2024

MSC CEO Soren Toft Rules Out New Shipping Alliance

MSC Mediterranean Shipping Co. plans to brave volatile shipping markets on its own, ruling out a new alliance just months before its partnership with A.P. Moller-Maersk A/S ends.

September 10, 2024

Diesel Price Sheds 7¢ to $3.555 a Gallon

The national average diesel price continued its downward trend, dropping 7 cents to $3.555 per gallon, according to U.S. Energy Information Administration data released Sept. 9.

September 9, 2024

Jury Issues $462 Million Verdict Against Wabash After Crash

Wabash National Corp. said it is reviewing its legal options after a jury handed down $462 million in damages against the trailer manufacturer after a fatal crash.

September 9, 2024

Port of Galveston Expands to Boost Cargo Capacity by 2026

A $90 million Port of Galveston infrastructure project launched this summer aims to add 30 acres and a long berth by 2026, enabling the Texas facility to handle one-third more cargo.

September 9, 2024

What's That? Reshoring vs Nearshoring

In supply chain management, reshoring and nearshoring are two strategies companies use to optimize their production and sourcing.

September 9, 2024

Francine Heads for Gulf Coast; Oil Drillers Evacuate Crews

Francine is expected to lash parts of the Gulf Coast with powerful winds and heavy rain as it heads for a Sept. 11 landfall as a full-blown hurricane.

September 9, 2024

Federal Highway Administrator Bhatt Resigns

FHWA Administrator Shailen Bhatt announced Sept. 6 that he is leaving his post where he has led 2,700 FHWA employees and administered awards totaling more than $350 billion in bipartisan infrastructure funds and other grants.

September 9, 2024

Greenlane Lands $15M for California Zero-Emission Truck Hub

Truck refueling specialist Greenlane won a $15 million grant from the South Coast Air Quality Management District to expedite construction of its flagship Colton, Calif., facility.

September 9, 2024