The steps are the latest as Biden races to tie off key files before he leaves office. Trump is preparing a flurry of orders that could take aim at key planks of the Biden agenda.
December 16, 2024Search
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Seth Clevenger and Mike Senatore dive into the Transport Topics Top 100 list of the largest logistics companies. They address trade challenges, mergers, sector trends and more.
Tanker Rates Hit by OPEC+ Delays, Weak China Demand
The Baltic Exchange’s TD3C Index, which reflects rates for VLCCs on the Middle-East-to-Asia route, dropped to so-called Worldscale 39.05 on Dec. 13.
December 16, 2024Northvolt Bankruptcy Hits Danish Pension Fund Hard
ATP is one of the largest owners in Northvolt with a stake of about 5%. The value of that holding “probably won’t be very far from zero.â€
December 16, 2024Trump Considering Privatization for Struggling USPS
President-elect Donald Trump has discussed possibly overhauling the agency with Howard Lutnick, his commerce secretary nominee, and other transition officials, The Washington Post said.
December 16, 2024Toll Rates to Rise in Several States in 2025
Starting in January, toll rates on roads in Ohio, Oklahoma, Pennsylvania, New Jersey and New York are set to rise anywhere from 3% to 15% for passenger and commercial vehicles.
December 13, 2024Aurora Opens Lidar Testing Facility in Montana
Located on Montana State University’s Innovation Campus, the office is designed to support development and testing of Aurora’s FirstLight Lidar technology.
December 13, 2024Supreme Court to Review California Auto Emissions Case
The U.S. Supreme Court will hear a case stemming from California’s vehicle pollution limits, agreeing to decide whether biofuel companies have a legal right to sue over the regulations.
December 13, 2024Canada Orders Postal Workers Back to Job
The Canadian government asked an independent labor board to order 55,000 Canada Post workers back to the job, a move that’s expected to end a strike that disrupted mail service for nearly a month.
December 13, 2024Costco Profit Beats Estimates on Healthy Consumer Spending
Costco Wholesale Corp. posted quarterly profit that beat expectations, showing the big-box retailer remains unfazed by tighter consumer spending.
December 13, 2024Daimler Truck Invests $285 Million in Michigan Plant
The investment, supported by state incentives, will modernize the 85-year-old Redford Township plant while expanding its research and development capabilities.
December 13, 2024