Joby Aviation Inc. expects to launch its flying taxi service in Dubai before anywhere else, including the startup’s home turf in the U.S.
March 22, 2024Search
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Brian Work of CloneOps.ai discusses where AI agents fit into today’s supply chain workflows and what they might mean for the future of trucking operations.
Exxon Confident Its Intent With Guyana Contract Will Prevail
Exxon Mobil Corp. is convinced its interpretation of intent in a Guyanese oil contract signed a decade ago will prevail in a landmark arbitration case against Chevron Corp.
March 22, 202460 Seconds: Demand for Electric Power Takeoff Systems Is Growing
An ePTO will run “anything that goes on with the truck’s ignition key except the engine,” says Viatec Inc. CEO Mark Ferri, such as lights, air conditioning, powered accessories (like windows and seats), computers, hand tool chargers and communications equipment.
March 22, 2024Stellantis to Cut 400 Jobs in US
Stellantis NV is cutting about 400 white-collar jobs in the U.S. as the maker of Jeep and Ram vehicles works to shift its product lineup toward electric cars.
March 22, 2024Congress Approves $1.2 Trillion Package of Spending Bills
WASHINGTON — Congress approved a $1.2 trillion package of spending bills early on March 23 just a few hours after funding for some key federal agencies was set to expire.
March 22, 2024Amazon Delivery Rival Pandion Secures Funding for Expansion
E-commerce logistics startup Pandion — which helps retailers like Saks Fifth Avenue compete with Amazon’s delivery — has secured $41.5 million in fresh funds to expand its operation.
March 22, 2024FedEx Plans $5 Billion Buyback of Shares
FedEx Corp. plans to buy back $5 billion of its shares as cost-cutting efforts have helped boost the courier’s profits as fiscal third-quarter earnings beat expectations.
March 21, 2024Uber Freight Bolsters Drop-and-Hook Solution Nationwide
Uber Freight has scaled up its drop-and-hook capacity solution nationally with new freight network optimization capabilities, the company announced March 21.
March 21, 2024Drought Threatens to Snarl Mississippi River Traffic Again
The Mississippi River is at risk of bottlenecks for a third straight year as warm, dry spring weather and low winter snowpack limit the amount of water feeding into it.
March 21, 2024Big Grocers Profited From Pandemic More Than Smaller Rivals
Large grocery retailers’ annual profits rose during the COVID-19 pandemic and have remained elevated since, which warrants deeper scrutiny, says a report by the Federal Trade Commission.
March 21, 2024