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Perspective: Mission Impossible for New CSA Changes?

Using Compliance Safety Accountability Safety Measurement System scores alone to predict an individual fleet’s propensity to be involved in a crash might be "Mission Impossible."

June 16, 2025

Air Taxi Firm Archer Sees More Defense Demand in Short Term

Electric aircraft maker Archer Aviation expects its defense-related sales to outstrip commercial air taxis in the short term.

June 16, 2025

G7 Summit Opens in Canada With a Focus on Trade

As the G7 summit begins in Canada, the U.S. has hit several nations with tariffs, there is little progress in settling wars in Ukraine and Gaza, and a new conflict involves Israel and Iran.

June 16, 2025

Truck Parts Distributor Transaxle to Shut Down

Truck parts distributor Transaxle with facilities in 11 states is closing after an unsuccessful attempt to sell the company.

June 16, 2025

Eaton Agrees to Buy Defense Group Ultra PCS for $1.6 Billion

Eaton agreed to buy defense and aerospace systems company Ultra Precision Control Systems from private equity firm Advent for $1.55 billion.

June 16, 2025

Oil Shippers Pause Offers of Vessels to Middle East

Some oil tanker owners and managers have paused offering their vessels for Middle Eastern routes since June 13 as they assess the risks from Israel’s conflict with Iran.

June 16, 2025

Nippon Wins Conditional Approval to Buy US Steel

Nippon Steel won conditional U.S. approval for its $14.1 billion purchase of U.S. Steel, capping a lengthy saga in a tie-up that will create one of the world’s largest steel companies.

June 16, 2025

Israel-Iran Clash Revives $100-a-Barrel Oil Fears

The barrage of headlines has revived memories of the political upheavals and price spikes of the 1970s — and yet even when oil prices have jumped, it inevitably proved short-lived.

June 13, 2025

Port of Los Angeles Imports Sink 19% Amid Trump Tariffs

The drop in port activity came as importers and retailers — especially those with business in China — grappled with the uncertainty of Trump’s trade war.

June 13, 2025

US to Ease Rules Hindering Tesla’s Self-Driving Cybercab

The Trump administration is taking steps that would make it easier for automakers to deploy-self driving cars without driver controls.

June 13, 2025